Wait Until 2027: How the OBBBA’s New Rules Can Slash Your Capital Gains Tax
Article Highlights: The 2026 “Dead Zone” vs. the OBBBA Era Why Waiting Until 2027 Matters Unpacking the OBBBA Tax Benefits Rolling Gain Deferral The 10% (or 30%) Basis Step-Up Tax-Free Appreciation (the 10-Year Rule) What Gains Qualify and How Much […]
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Beat the SALT Cap: How PTET Lets Pass-Through Owners Reclaim State Tax Deductions
Article Highlights: Pass-through Entity Elective Tax OBBBA’s Increased SALT Limits How PTET Works (The Basic Concept) Eligible Pass-through Entities How PTET Stacks Up Given Recent Federal SALT Law Changes Final Thoughts and Recommendations If you pay substantial state and local […]
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Tax Filing Deadlines Are Rapidly Approaching
Article Highlights: Filing due date Balance due payments Contributions to a Roth or traditional IRA Individual refund claims for tax year 2022 Filing extension Foreign Bank and Financial Accounts Report (FBAR) Estimated tax payments for the first quarter of 2026 […]
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Estimated Taxes: What to Know Now
Article Highlights: Employees Self-Employed Individuals Periodic Payments Underpayment Penalty Safe Harbor Payments Unlike employees, who have income, Social Security, and Medicare taxes withheld from their wages, self-employed individuals must prepay their taxes by making periodic estimated tax payments. These are […]
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