NKSFBTax Insights
November 11, 2024
Partnerships are often used for business and investment activities. So are multi-member LLCs that are treated as partnerships for tax purposes.
Read More about Navigating Tax Complexities: Craft Partnership Agreements and LLC Operating Agreements With PrecisionSubscribe to
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The Possible Tax Landscape for Businesses in the Future
November 4, 2024
Get ready: The upcoming presidential and congressional elections may significantly alter the tax landscape for businesses in the United States. The reason has to do with a tax law that’s scheduled to expire in about 14 months and how politicians in Washington would like to handle it.
Understanding Taxes on Real Estate Gains
October 21, 2024
Let’s say you own real estate that has been held for more than one year and is sold for a taxable gain.
Make Year-End Tax Planning Moves Before It’s Too Late!
October 14, 2024
With the arrival of fall, it’s an ideal time to begin implementing strategies that could reduce your tax burden for both this year and next.
It’s Time for Your Small Business to Think about Year-End Tax Planning
October 7, 2024
With Labor Day in the rearview mirror, it’s time to take proactive steps that may help lower your small business’s taxes for this year and next.
Six Tax Issues to Consider if You’re Getting Divorced
September 30, 2024
Divorce entails difficult personal issues, and taxes are probably the farthest thing from your mind. However, several tax concerns may need to be addressed to ensure that taxes are kept to a minimum and that important tax-related decisions are properly made.
Planning Your Estate? Don’t Overlook Income Taxes
September 23, 2024
The current estate tax exemption amount ($13.61 million in 2024) has led many people to feel they no longer need to be concerned about federal estate tax.