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February Articles

Here are your Articles for February 14, 2017.
  Timely Opportunities
Consider separating real estate assets from your business
Many companies choose not to combine real estate and other assets into a single entity. Although there are justifiable legal reasons for doing so, this article delves into the potentially beneficial tax reasons for holding real estate in a separate entity. A sidebar looks at the advantages of separate entities for family businesses.

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  TWA article 2
Facing the tax challenges of self-employment
Today's technology makes self-employment easier than ever. But the self-employed face some distinctive challenges when it comes to their taxes. This article suggests some important steps to take, including learning about liability and claiming the home office deduction.

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4 myths about managing your debt
Debt is a reality for many Americans. Underestimating or ignoring one's obligations can delay or even prevent you from accomplishing many financial goals. This article discusses four myths about debt management, including whether it's wise to shut down all credit cards and the sometimes pragmatic utility of bankruptcy.

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  TWA article 4
Phaseouts and reductions: A tax-filing reminder
Some years, taxpayers can't reap the full value of tax breaks they've claimed in the past. This brief article discusses the personal exemption phaseout and itemized deduction reduction, which can affect those whose AGIs have exceeded the applicable threshold.

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