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Installment Sale – a Useful Tool to Minimize Taxes
Using the installment sale method of receiving and reporting the gain from the sale of a capital asset can spread that gain over multiple years and possibly avoid the higher capital gains rates as well as avoid or minimize the 3.8% surtax on net investment income.

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Understanding IRS Actions: A Detailed Look at Tekashi 6ix9ine
While the specific details of Tekashi 6ix9ine’s tax issues leading to the seizure have not been fully disclosed, the operation's visibility and targeted items suggest significant tax liabilities.

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Reminder: Claims For Recovery Rebate Credit About to Expire
The Recovery Rebate Credit was designed for those who did not receive one or both Covid-19 pandemic-related stimulus checks they were entitled to in 2020.

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Chicago's Property Tax Turmoil: Challenges After "Mansion Tax" Rejection
Chicago has been facing significant property tax challenges. Discover how the recent ‘Mansion Tax’ rejection could impact the Windy City.

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How Coverdell and 529 Education Savings Plans Differ
The tax code provides two primary advantageous ways of saving for your children’s education. We frequently get questions about the differences between the programs and about which program is best suited for a family’s particular needs.

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