by apexcpas | Sep 17, 2021 | Tax Planning
The last 18 months or so have brought a whole new level of intensity to the word burnout. Burnout as defined by Merriam-Webster is the “exhaustion of physical or emotional strength or motivation usually as a result of prolonged stress or frustration”. An ongoing...
by apexcpas | Aug 26, 2021 | Tax Planning
Have you ever listened to the news, or someone advising you to buy or sell an asset based on current market conditions? Reacting irrationally to major news or disruptions in the economy can create volatility that can have a significant impact on your net worth....
by apexcpas | Jul 4, 2018 | Tax Planning
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...
by apexcpas | Jul 4, 2018 | Tax Planning
A big issue facing business owners today is determining if an individual should be hired as an employee or as an independent contractor. The government does not take this issue lightly. Misclassifying workers as independent contractors can result in large, unexpected...
by apexcpas | Jul 4, 2018 | Tax Planning
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...
by apexcpas | Jul 4, 2018 | Tax Planning
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...