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Resources For Success
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2023 Dependent Care Credit
Overview The dependent care credit for 2023 continues to provide a tax relief mechanism for individuals, allowing them to claim expenses...
Roshan Dsilva
Nov 1, 20232 min read


2023 Defined Benefit Plan
Overview Defined benefit plans continue to be a cornerstone of retirement strategies, offering a fixed, pre-established payment to...
Roshan Dsilva
Nov 1, 20233 min read


2023 Deferred Compensation Plan (Individual)
Overview: Deferred compensation plans are structured agreements where a fraction of an employee’s earnings are disbursed at a date later...
Roshan Dsilva
Nov 1, 20232 min read


2023 Deferred Compensation Plan (Business)
Overview Deferred compensation plans provide options for highly compensated individuals to defer receipt of some compensation until a...
Roshan Dsilva
Nov 1, 20233 min read


2023 Coverdell ESA
Overview: Individuals can contribute to a Coverdell Education Savings Account to save for qualified education expenses. This is commonly...
Roshan Dsilva
Nov 1, 20233 min read


2023 Cost Segregation
Overview Property owners have the opportunity to utilize cost segregation to pinpoint components of their property that are eligible for...
Roshan Dsilva
Nov 1, 20233 min read


2023 Conservation Easements (Individual)
Overview With increasing awareness about environmental conservation, landowners are presented with an opportunity to make a difference....
Roshan Dsilva
Nov 1, 20232 min read


2023 Conservation Easements (Business)
Overview Landowners have the option to gain a charitable contribution tax deduction by engaging in a voluntary legal contract that...
Roshan Dsilva
Nov 1, 20232 min read


2023 Compensation Optimization
Overview Compensation optimization allows business owners to evaluate whether a shift in their business entity might be beneficial, by...
Roshan Dsilva
Nov 1, 20233 min read


2023 Child Tax Credit (CTC)
Overview: The Child Tax Credit (CTC) is an annual tax incentive offered to taxpayers with a qualifying dependent. This credit is often...
Roshan Dsilva
Nov 1, 20232 min read


2023 Child IRA
Overview: Prepare your child for a prosperous future by contributing to an IRA for them now. Often termed as Child IRA's, Individual...
Roshan Dsilva
Nov 1, 20233 min read


2023 Cash Balance Plan
Overview Employers can use a Cash Balance Plan to credit employees’ retirement accounts with a set percentage of their yearly...
Roshan Dsilva
Nov 1, 20233 min read


2023 Captive Insurance
Overview In 2023, business proprietors have the option to establish a captive insurance company as a protective measure against specific...
Roshan Dsilva
Nov 1, 20232 min read


2023 Bonus Depreciation Guide
Key Details & Related Resources Introduction In 2023, businesses can leverage bonus depreciation, allowing them to deduct the complete...
Roshan Dsilva
Nov 1, 20233 min read


2023 Augusta Rule: A Guide to Maximizing Your Tax Strategy
Overview: The Augusta Rule, known by various monikers including the Augusta rule tax strategy, Augusta rule deduction, Augusta Rule 280a,...
Roshan Dsilva
Nov 1, 20232 min read


2023 American Opportunity Credit: Unlock Your Educational Tax Benefits
At a Glance:What is it? A tax credit for tuition and associated costs paid to accredited colleges and universities. Popularly Known As:...
Roshan Dsilva
Nov 1, 20232 min read


The 2023 Accountable Plan: A Comprehensive Guide
Overview: The accountable plan remains a potent tool, enabling employers to proffer tax-free reimbursements for business-associated...
Roshan Dsilva
Nov 1, 20232 min read


Understanding the 1031 Exchange: A Comprehensive Guide for 2023
Introduction The realm of real estate investment continues to present myriad opportunities, and a standout amongst these is the 1031...
Roshan Dsilva
Nov 1, 20232 min read


6 Benefits of Employee Retention Tax Credit
The expense and time involved in hiring, training, and onboarding new employees can be daunting for any small business. Then once you...
pooja476
Oct 17, 20223 min read


Small Business Tax Credits
Image Source: FreeImages The tax credit system can be complex, and not everyone understands how they work. However, there are many...
pooja476
Oct 17, 20224 min read
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