Property taxes are one of the largest line item costs incurred by apartment owners. However, many owners do not appeal effectively. Even though owners realize that property taxes can be managed and reduced through an appeal, some view taxes as an arbitrary estimate provided by the government whic…
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While many business owners adopt legitimate Voluntary Employee Beneficiary Associations (”VEBAs”), welfare benefit plans (”419(e) plans”), and fully insured defined benefit pensions (”412(i) plans”), all of the foregoing plans are also marketed as a way for owners to obtain huge tax deducti…
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Based on comments and questions I have received from clients and readers it appears that there is still some confusion about the rules for taxing gain on the sale of a personal residence. Many people think the “old rules” still apply.
THE OLD RULES:
In order to postpone paying incom…
Filed under: Finance by admin
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