Buying property and selling after it’s appreciated is a wealth-building strategy that has been around for centuries. It’s even better if that property can make you money, say through rental income. If you’ve been considering allowing short-term vacation rental contracts…
Understanding business meal and entertainment deduction rules
The last few years have afforded quite a few changes in how the IRS allows businesses to handle meal and entertainment costs in relation to their taxes. The 2018 Tax Cuts and Jobs Act (TCJA) eliminated deductions for most business-related…
Creating Your Small Business Exit Strategy
Do you know what will happen to your business when you retire? By necessity, many busy small business owners spend all of their time thinking about the here and now, with little opportunity to focus on the future. But your…
The New U.S. Tax Law and its Impact on Real Estate
W&S Shareholder Angela Parziale shares her insights in this CREW Network update. Read more here.
New Lease Accounting Standards Could Affect Your Financial Statements
Author: Jonathan Hitter Rent your office? Leasing your copier or network services? If so, you’ve signed a lease agreement with a lessor and your financial statements will be affected by the new lease accounting standards approved by the Financial Accounting Standards…
What is a 1031 Exchange and Who Can Benefit from One?
Author: Eric Gashin, Shareholder The opportunity to defer tax is music to the ears of many. One option for those in the real estate industry is a 1031 exchange, also known as “Starker exchange” or “Like kind exchange.” Investors who…






