Stay One Step Ahead of Uncle Sam

Tax planning is essential for two very important reasons.  The first reason is to ensure you take advantage of opportunities BEFORE the year is over.  The second is that you are informed well in advance of April 15th of what your potential tax liability will...

SECTION 1031 TAX-DEFERRED EXCHANGE

Whenever you sell business or investment property and you have a gain, you generally have to pay tax on the gain at the time of sale. IRC Section 1031 provides an exception and allows you to postpone paying tax on the gain if you reinvest the proceeds in similar...

NO MORE MR. NICE GUY WHEN DEALING WITH TAX EVASION

The federal government is expanding its crackdown on offshore tax evasion and preparing numerous criminal cases against suspected offenders. It has been four years since the agreement between the United States and Switzerland pierced a veil of banking secrecy by...