Cherry Bekaert

NOVEMBER 28, 2023

There are several key tax considerations and tactical approaches for businesses to address while closing out 2023 and moving into 2024. From leveraging tax incentives to optimizing deductions, this guide offers insights into tax planning to help businesses make informed decisions and set a solid foundation for the upcoming year.

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ThomsonReuters

DECEMBER 27, 2024

For example, advising a client on how to strategically sell a tokenized asset to minimize taxes could save them thousands, cementing your firms value beyond tax preparation. Consider offering tailored services for reconciling transaction histories, calculating adjusted bases, and preparing Form 1099-DA filings.

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Withum

OCTOBER 18, 2023

What About Estate Planning? Perhaps some of the most important, and possibly the most tedious, tax planning that should be done before the 2025 taxable year-end has to do with estate planning. However, the exemption is set to return to $6 million per individual ($12,000,000 for married couples) starting in 2026.

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KROST

FEBRUARY 23, 2021

In a Qualified Opportunity Fund, there are three tax incentives for reinvesting capital gains which are significantly different than the 1031 exchange incentives: Recognition of capital gains are deferred until the Qualified Opportunity Fund is sold or exchanged or December 31, 2026, whichever occurs earliest.

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Real Estate Delaware Tax tax planning 52

Cherry Bekaert

OCTOBER 3, 2024

Personal Exemptions Personal exemptions would return in 2026 if the TCJA were to sunset. The TCJA also eliminated the miscellaneous itemized deduction, which typically includes investment management and tax preparation fees. This deduction will return if the TCJA sunset moves forward as planned.

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