Adam R. Timblin

Tax-Smart Way to Hold Investment Real Estate

Real estate can be an attractive long-term investment. But the legal entity you select to own property can have important tax implications. Here's why single-member limited liability companies (SMLLCs) are generally a better alternative than corporations from a federal income tax perspective.

What Can Your Small Business Do Now to Lower Taxes for 2024?

Summer is a good time to take stock of how your small business is doing this year and consider...

Making a Loan to a Family Member to Help with a Home Purchase

Interest rates on residential mortgage loans have increased significantly over the last few years....

Chart a Tax Course for Business Travel

Are you planning to take a business trip this summer? If your destination is known for its cultural...

Bask in Tax Breaks for Vacation Home Rentals

Do you own a vacation home in the mountains or near the water where you can enjoy some much-needed...

Leveraging AI to Add Value to Your Business

Artificial intelligence (AI) has been around for years. In November 2022, however, the technology...

Should You Take Out a Loan to Fund Your Small Business?

If you need cash to operate and grow your small business, you have two options: debt and equity...

8 Compelling Reasons to Outsource Your Accounting Functions

Is your company struggling to tackle all its accounting needs? Companies that have lost a CFO,...

Is Self-Employment Right for You?

For some time now, the media has highlighted the so-called "Great Resignation," where legions of...