Financial Resources & News
CTA update: major change to BOI reporting requirements in interim final rule
U.S.-formed businesses are now exempt from beneficial ownership reporting under a new FinCEN rule. This change significantly reduces the compliance burden for many companies. Read the full article to see what’s changed, who still needs to report, and what steps (if any) you need to take.
1031 Exchanges: what qualifies and where investors get tripped up
Discover how 1031 exchanges can be a game-changer for real estate investors, offering a strategy to defer capital gains taxes while reinvesting in like-kind properties. This guide dives into the mechanics, eligibility, and potential pitfalls of executing a successful 1031 exchange.
Asset sale vs. stock sale: what business owners need to know before selling
Deciding to sell your business? Navigate the complexities of asset sales versus stock sales with our comprehensive guide. Discover how each structure impacts taxes, liabilities, and proceeds to make informed decisions that optimize your deal and safeguard your hard-earned success.
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.
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.
2023 Year-End Guide – Financial Transactions
The tax rules dealing with financial transactions and instruments can be complicated, but failure to understand these rules and their application to your business’s transactions could result in negative tax consequences or forgone opportunities.
2023 Year-End Guide – Partnerships
The IRS in the past year has been actively challenging partnerships’ tax positions in court – from the valuation of granted profits interests to limited partner self-employment exemption claims and the structuring of leveraged partnership transactions. At the same time, the agency is dedicating to new funding and resources to examining partnerships.