Eric E. Ehrenberg

Are You Ready to File (or Extend) Your 2024 Personal Return?

Tax season officially started on January 27. Many people procrastinate filing their returns — or they file a six-month extension. But you can't delay paying what you owe. Even if you receive an extension, the deadline for paying your tax bill is April 15. Fortunately, there may be some last-minute ways to lower your federal income tax obligations for 2024.

Wrap Up Your Business Year with Big Tax Savings

With the year end rapidly approaching, many business owners are focusing on budgeting and strategic...

R&E Capitalization Has Unintended Effect on Small Businesses

The Tax Cuts and Jobs Act (TCJA) brought a significant, albeit delayed, change to the tax treatment...

Close-Up on Pass-Through Entity Tax Laws

At the start of 2024, three dozen states and New York City already had pass-through entity taxes...

Growth Strategies: How to Take Your Business to the Next Level

Once your business has survived the start-up phase, it's got a solid foundation to grow. SSB...

Withdrawing Cash from Your C Corporation

C corporation ownersoften need to take cash out of the business to pay personal expenses or to...

New Twists and Turns Taken by EV Credits

Did you buy an electric vehicle (EV) in 2023? Under the Inflation Reduction Act (IRA), passed late...

SECURE 2.0 Changes that Become Effective in 2024

The SECURE 2.0 Act, enacted late in 2022, creates new tax-saving opportunities for retirement...

Building for the Future: IRAs for Teens and Young Adults

More than half of 16-to-24-year-olds are employed, according to the most recent statistics from the...

Planning a Graceful (and Profitable) Exit from Your Small Business

At some point, every business owner leaves the company, either voluntarily through retirement or...