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Answers to Your Tax Season Questions

  • Jan 19, 2024
  • Tax

The IRS announced it will open the 2024 income tax return filing season on January 29. That’s when the tax agency will begin accepting and processing 2023 tax year returns. Here are answers to seven tax season questions we receive…

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Defer a current tax bill with a like-kind exchange

  • Jan 7, 2024
  • Tax

If you’re interested in selling commercial or investment real estate that has appreciated significantly, one way to defer a tax bill on the gain is with a Section 1031 “like-kind” exchange. With this transaction, you exchange the property rather than sell…

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4 ideas that may help reduce your 2023 tax bill

  • Dec 22, 2023
  • Tax

If you’re concerned about your 2023 tax bill, there may still be time to reduce it. Here are four quick strategies that may help you trim your taxes before year end. Accelerate deductions and/or defer income. Certain tax deductions are claimed…

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