Accounting and Tax Tips Blog

Can an Offshore Trust Save You Money on Taxes?

There’s been a lot of talk in the news recently about Congress raising taxes on the wealthy. Regardless of what the final legislation looks like, high earners can expect some increase in taxes. If you fall into this category, you should take steps now to start...

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Can Section 1231 Help You Save on Taxes?

Most business owners know the IRS taxes long-term capital gains at a lower rate than ordinary income. However, Section 1231 of the Internal Revenue Code offers an exception to this rule. This rule gives business owners the best of both worlds. When you sell Section...

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