Individual Taxes
Helpful resources for planning and filing individual taxes
what is affecting your individual taxes?
This section contains articles on topics ranging from retirement plans to deductions for your rentals. You can also learn about tax law changes to know what your individual tax situation will look like in a particular year.
Latest articles about tax law changes, deductions, and credits affecting your individual taxes
Should I buy a property now?
Should I buy a real estate property now? Many don't see the current market with high interest rates and high prices appropriate time to buy. However, waiting for lower interest rate and lower prices may…
Backdoor Roth IRA: What is it?
If you're looking to maximize your retirement savings but find yourself above the income limits for a Roth IRA, the backdoor Roth IRA might be the solution you need. Let’s break down what a backdoor…
Child Tax Credit: Are you eligible?
The Child Tax Credit (CTC) is a valuable financial benefit designed to help families with children offset the costs of raising kids. Whether you're a new parent or have multiple children, understanding the CTC can…
IRA Plans: Traditional IRA vs. Roth IRA
Traditional and Roth IRA accounts are essential tools for securing retirement funds. While they share some similarities, they also have distinct differences, particularly regarding contribution and distribution rules. The best choice for you will depend…
Rental Deductions: What are the Rules?
Rental deductions are crucial for maximizing your bottom line as a rental property owner. In fact, with the right knowledge, you can take advantage of various rental deductions to lower your taxable income. In this…
Business structures for rentals
When investing in rental properties, one of the most important decisions you’ll face is choosing the right business structure. Your choice can have significant implications for liability, taxes, and operational management. In this post, we’ll…
