News and Updates

Why an SMLLC May Make Sense for Commercial Real Estate

When acquiring a commercial property, deciding what to buy is only part of the equation. There’s also the question of how you’ll own it.

For some investors and business owners, a single-member limited liability company (SMLLC) offers an interesting combination. It can establish a separate legal entity for the property while generally avoiding the need to create a separate federal income tax filing structure.

Those two ideas may sound contradictory, but they’re actually central to why SMLLCs are commonly considered for commercial real estate.

Tax Planning Can Ease the Sticker Shock of Raising a Child

If you're a parent who's been doing some back-to-school shopping lately, you know that raising a...

Getting Divorced? Consider Taxes When Splitting Up Retirement Accounts

Divorce is a major life event that can have significant personal and financial consequences. In...

Investing in a Limited Partnership? Beware of the PAL Rules

In businesses structured as limited partnerships, the advantage of being a limited partner (as...

12 Essential Steps to Starting a Small Business

Starting a small business can be exciting. But turning a promising idea into a viable enterprise...

Qualified Adoption Assistance Programs Can Deliver Value Beyond Their Cost

Employers are under constant pressure to make their benefits packages more competitive, but adding...

Trump Accounts Go Live and the IRS Provides Tax-Reporting Relief

Parents, grandparents and others can now contribute to Internal Revenue Code Section 530A...

Self-Employed? You May Be Eligible for the Home Office Deduction

Once upon a time, employees could claim home office expenses as a miscellaneous itemized deduction,...

A Great Onboarding Process Doesn't End With Orientation

Most organizations spend a lot of time thinking about how to hire the right people.

What if you...

How To Reduce the Cost of Your Child’s College Education

If you're the parent of a college-aged child, you already know how pricey higher education has...