tax credit

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Purchasing a commercial property? Three top items to discuss with your CPA

If you are thinking about purchasing commercial property, there are several items that we discuss often with our clients. These are the three more common items raised during our discussions: Entity structure Different options depending on tax benefits, liability protection, and operational efficiency (usually, LLC or partnership for Real estate investments) Purchasing options (Cash flow)

Taxation on gifts or bequests from US person versus foreign person

At the Federal level, receiving a gift or inheritance has different implications if the donor is a US citizen or if the donor is a foreign person. US donor Currently, the exclusion for estates at the Federal level is $13,990,000 per individual and $19,000 for gifts in 2025. Case US donor 1: If the taxpayer

By |2024-11-30T05:10:18+00:00February 24th, 2025|Categories: Individuals|Tags: , , , , , , , , |
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