Tag Archives: IRS

What every business owner need to know before hiring their first employee

For most businesses, some kind of growth is usually the goal.

The problem becomes that when you grow your business, it can become harder to step away from that business for your own personal life, vacations or other ventures. If you’re business is growing and you want to maintain your sanity, you’ll need help with day-to-day...
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5 Steps to Take When Winding Down Your Business

There are many reasons business owners close up shop, including retirement, starting a new venture or, hopefully, because they’ve won the lottery.

No matter what the reason, it’s important to diligently wind down a business before moving on.

This process can be emotional and overwhelming, so here are five steps to take to start moving toward your...

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1031 Tax-Deferred Exchange: 7 Practical Considerations

1031 Tax Deferred Exchange- part 3

In our last two blogs we’ve been discussing different aspects of a Tax-Deferred Exchange – a technique available to defer taxes and maximize the funds available for reinvestment upon the sale of an investment property.

Because of the complexity of the issues, we’ve...
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What You Need to Know About Real Estate and 1031 Tax Deferred Exchange

1031 Tax Deferred Exchange-

How the 1031 Tax Deferred Exchange Can Affect Your Real Estate Investment

Since the Tax Reform Act of 1986, real estate investors have faced one big problem on the sale of their property: higher taxes. Upon the sale of an investment property the full amount...
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