Financial Resources & News
5 Reasons why people choose C corporations
Curious whether a C corporation could be the right fit for your business? In just a few minutes, you’ll learn five key reasons founders choose the C corporation structure. Find out how these benefits could shape your company’s future.
Tax implications of property upgrades: repairs vs. improvements
Navigating the fine line between repairs and improvements on your property can significantly impact your tax liabilities. Discover how the IRS classifies these expenses, explore key safe harbors, and learn strategies to maximize your tax benefits. Dive into this comprehensive guide to ensure you’re making informed financial decisions when tackling property-related projects.
IRS appraisal rules: what you need to know before gifting or donating noncash assets
Looking to donate or gift noncash assets? Don’t do it without understanding the IRS appraisal rules first! Delve into our article to make sure your generosity won’t bring unexpected tax complications.
Treasury Department Announces Suspension of Enforcement of the Corporate Transparency Act (CTA) Reporting for Domestic Reporting Companies
On March 2, 2025, the U.S. Treasury Department announced that it will not enforce any fines or penalties associated with the existing March 21, 2025 beneficial ownership information filing deadline under the Corporate Transparency Act (CTA). Additionally, it announced that after a forthcoming rule change is effective, it will not enforce any penalties against domestic reporting companies, its beneficial owners, or U.S. citizens.
Preparing for the post-TCJA era: corporate tax changes for 2026 and beyond
Discover what the post-TCJA era has in store for corporate tax changes in 2026 and beyond. This article clarifies the complex tax landscape and offers valuable foresight for businesses. Don’t miss out on this opportunity to stay ahead of the curve and prepare your company for the future.
Strategic depreciation practices for tax savings
Understanding the best approach to depreciation can be game-changing for your business. Don’t miss out on essential tax savings that could optimize your cash flow. Click to explore effective strategies that business owners are using to enhance their financial outlook.
Planning to downsize? Three tax considerations for retirees
Downsizing in retirement isn’t just about reducing living expenses—it can also be a strategic move toward financial security. Understand how your home’s appreciation impacts your taxes and discover strategies to reduce your tax burden.
Building sustainable wealth: 5 key considerations for emerging high earners
Get valuable insights on how to build sustainable wealth as an emerging high-earner. This article dives deep into managing lifestyle creep, understanding income tax, and making tax-efficient investments. Learn how to leverage everyday expenses to lower your tax bill and preserve wealth.
Happy Holidays – Bronswick Benjamin Office Schedule
Best wishes for the New Year and upcoming holiday closure.