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Tax & Wealth Advisor Newsletter for July 2017

Here are your Articles for July 11, 2017.
  Timely Opportunities
Why you should (or shouldn't) pursue an acquisition
M&A activity tends to wax and wane. Nonetheless, billions of dollars continue to change hands annually, and an acquisition can be a great way to grow a business. So owners should be prepared if one of these deals comes their way. This article explores some pros and cons to consider.

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  TWA article 2
Leasing property to your business might trigger undesirable tax consequences
A business owner who also owns real estate may be tempted to lease that property to the company. Unfortunately, for owners of pass-through entities, doing so may trigger the "self-rental rule" and might lead to negative tax consequences. This article explains the details of the self-rental rule plus a way to avoid triggering it.

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  TWA article 3
Which type of mortgage loan meets your needs?
Few purchases during one's lifetime will be as expensive as buying a home. That's why, when considering a mortgage, it's important to know what specific type of loan is the best choice. This article looks at the two major choices: fixed-rate and adjustable-rate.

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  TWA article 4
Know your tax hand when it comes to gambling
A royal flush can be quite a rush. But the IRS casts a wide net when defining gambling income. This brief article outlines the tax impact of gambling winnings for casual players and how the rules differ for professional gamblers.

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