Tax Planning Archives

A professional man working at an office desk, symbolizing the importance of understanding the SALT deduction limit in 2025.

What You Should Know About the SALT Deduction in 2025

Explore the major changes to the SALT deduction in 2025, including the new $40,000 cap, phase-out provisions for high earners, and strategies for maximizing tax savings.

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Section 179 vs Bonus Depreciation in 2025

The One Big Beautiful Bill Act has delivered some major upgrades to Section 179 and bonus depreciation. Find out what's new for your business tax planning in 2025.

A man in a white long-sleeve shirt is holding a black digital tablet, symbolizing the concept of capital loss carryforward rules.

Our Guide to Capital Loss Carryforward Rules (Limits, Examples, and FAQs)

Learn how capital loss carryforwards work and how to use them to reduce your tax burden over multiple years.

When Should an LLC Become an S-Corp? The $80K Rule Explained

Curious when to elect S-Corp status for your LLC? Learn how the $80K income rule affects tax savings, compliance, and whether this structure is right for your business.

IRA Recharacterization Deadline 2025 – Rules, October 15 Cut-Off & How-To Guide

An essential guide to IRA recharacterization for the 2025 tax year, including key deadlines, rules, and strategies to optimize your retirement savings.

Two professionals in business attire discuss financial strategies in a modern office setting—symbolizing the importance of early planning and advisory when managing Net Investment Income Tax (NIIT) during major liquidity events.

Liquidity Events and the NIIT Tax Rate: How to Manage the 3.8% Surtax

Smart strategies to minimize the 3.8% surtax.

Consumer Interest Tax Deductibility in 2025: What You Can and Can’t Deduct

Car loan interest is now tax-deductible for eligible taxpayers under rules in effect through 2028. Learn what qualifies, what doesn’t, and how to make sure you meet the requirements.