by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning, IRS Regulation, Tax Planning, Uncategorized
The one thing that never changes is that life is always changing. The Tax Cuts and Jobs Act (TCJA) has made huge changes to the federal income tax rules for individuals. But how will you, your family, and your business be affected? It depends on your specific...
by Royer Advisors | Dec 11, 2024 | IRS Regulation, Tax Planning
Many state legislatures are now in session. One of the major issues that state lawmakers face this year is whether to conform their state income tax systems to the many changes included in the Tax Cuts and Jobs Act (TCJA). Some states are giving consideration to, or...
by Royer Advisors | Dec 11, 2024 | Deductions, IRS Regulation, Tax Planning
Small business owners are often looking for additional ways to lower their taxes. One simple and effective tax planning technique that is available thanks to the Tax Cuts and Jobs Act (TCJA) is to purchase a “heavy” vehicle, work from a qualifying home office, and...
by Royer Advisors | Dec 11, 2024 | IRS Regulation, Tax Planning, Tax Preparation
April 22 was Earth Day. It’s a great reminder to consider implementing changes to help reduce the amount of energy we consume. But “going green” isn’t just good for the Earth — certain energy-saving expenditures also may qualify for generous tax...
by Royer Advisors | Dec 11, 2024 | IRS Regulation, Tax Planning, Tax Preparation
Does your business hold on to all of its paper records? Many individuals and businesses hold onto paper and digital records indefinitely — just in case. But it can become burdensome to securely store years of financial records. Here’s some guidance to help...
by Royer Advisors | Dec 11, 2024 | Financial Planning, Tax Planning
You are not alone if you have been confused about the federal income tax rates on capital gains and dividends under the Tax Cuts and Jobs Act (TCJA). Here’s what you should know if you plan to sell long-term investments or expect to receive dividend payments...
