Tax Hive Blog

Benjamin Franklin was certainly correct when he said in a letter to Jean-Baptiste Le Roy in 1789: “Our new Constitution is now established and has an appearance that promises permanency; ... READ ARTICLE

The IRS says: “The Estate Tax is a tax on your right to transfer property at your death. It consists of an accounting of everything you own or have certain ... READ ARTICLE

Qualified retirement plans are popular for several reasons that include: Contributions by employers are tax deductible.Assets in the plans grow tax free.They help companies to attract and retain the best ... READ ARTICLE

It has been said that a bad partnership can be worse than a bad marriage. Having been through a couple of divorces, one of which was exceptionally painful emotionally and ... READ ARTICLE

Real estate investors, and many business owners also invest in real estate, have a powerful tax advantage in IRS Section 1031i There are some great tax breaks in real estate ... READ ARTICLE

Owning and operating a business requires all the usual insurance considerations. You must insure your vehicles, real estate, office, and production equipment, and take out liability coverage for customers on ... READ ARTICLE

The IRS will allow individuals and businesses to deduct charitable contributions, but only if the organization that receives the contributions qualifies as described in IRS Publication 526i. Despite these qualifying ... READ ARTICLE

Contributing to charitable organizations and causes is personally fulfilling and can be a good way for a business to help the community while building goodwill for the business. Many of ... READ ARTICLE

Becoming an entrepreneur is a big step in a person’s life, with accompanying challenges and great benefits. From an asset protection standpoint, it adds additional needs to prevent outside attacks ... READ ARTICLE