Understanding the Form 5472 requirements that apply to foreign-owned single-member LLCs and disregarded entities since the 2017 expansion Quick Facts: 2017 Year disregarded entities became subject to Form 5472
- Home
- |
- Archives: Tax
How Partnership Distributions Actually Work (With Examples)
Last year, a real estate partnership we advised made what seemed like a routine $147,000 cash distribution to a retiring partner. Three months later, that partner received an
The Complete Short-Term Rental Tax Strategy Guide: Understanding W-2 Income Offset Opportunities for High-Income Professionals
Executive Summary: What You’ll Learn This comprehensive guide explores the tax planning opportunities that may be available through short-term rental (STR) properties when properly structured and operated. We’ll cover: The
RSU Tax Calculator for California Tech Professionals: Save Tens of Thousands on Your Equity Compensation Taxes
Calculate Your Exact RSU Tax Liability and Discover Hidden Savings Opportunities with Our California-Specific Calculator Quick Answer for Tech Employees RSUs are taxed as ordinary income when they
The Complete Independent Contractor Tax Guide 2025: Save Thousands with Smart Planning (Free Tracker Included)
TL;DR Independent contractors face unique tax challenges including quarterly payments, self-employment tax, and complex deductions. This guide covers everything from choosing the right tax forms to maximizing write-offs
Section 179 Tax Deduction for Vehicles Over 6,000 lbs: Complete 2025 Guide After Trump’s Big Beautiful Bill
TL;DR Following the One Big Beautiful Bill Act signed July 4, 2025, Texas small businesses now enjoy unprecedented tax benefits for heavy vehicle purchases. Section 179 expensing caps
How to File Small Business Taxes in Texas: Complete 2025 Guide from a Dallas CPA
TL;DR Texas small businesses face unique tax requirements that differ significantly from other states. Unlike most states, Texas has no corporate income tax but requires franchise tax for
How Trump’s One Big Beautiful Bill Transforms Small Business Taxes in 2025
TL;DR Trump’s One Big Beautiful Bill Act, signed July 4, 2025, delivers massive tax savings for Texas small businesses through permanent 20% pass-through deductions, restored 100% bonus depreciation,
What If I Can’t Pay My Taxes? Federal & State Tax Payment Plan Strategies
Opening that tax bill and seeing a balance due can be stressful. The stress can feel overwhelming when that balance is more than you can afford to pay
Strategies to Lower Your Property Taxes: A Comprehensive Guide for Homeowners and Businesses
Property taxes. These two words represent a significant, recurring expense for homeowners and business property owners alike. While essential for funding vital local services, such as schools, roads,