Publications

As we approach the end of 2023, it’s crucial to stay informed about the essential tax deadlines, planning strategies, and legislative updates that could impact your financial decisions. This year’s overview covers key areas of personal tax planning. Important Payment Dates Awareness of payment deadlines is vital to maximize tax deductions or credits. Key dates...

Investing in real estate offers numerous opportunities for profit, especially through house flipping. However, understanding the complex tax implications associated with this activity is crucial. Understanding the Principal Residence Exemption (PRE) A common misconception is that selling a “principal residence” is exempt from income tax. The reality is more nuanced, with specific conditions that need...