by jritter | Dec 22, 2022 | Real Estate, Tax Center
Real estate by default is treated as a passive activity for income tax purposes. This means that passive income is included in Adjusted Gross Income, however, passive losses can only be offset by other passive income. In many cases, real estate investing can produce...
by jritter | Jul 26, 2022 | Tax Center
There are many different credentials among tax and financial professionals, and even for a professional office like ours, the variety of credentials can get confusing. The CPA license is the most common among tax and accounting matters. It is widely recognizable, and...
by jritter | Jun 28, 2022 | S Corporations
This is a question I am receiving more frequently, and it seems fitting to address it in a blog post. There are also quite a few articles on this topic, but nearly all of them leave out important points and background information. The question is usually posed by a...
by jritter | Mar 8, 2022 | Cryptocurrency, Tax Center
Cryptocurrency is gaining more widespread acceptance as an alternative form of payment and transfer of assets. The question that invariably arises is how will cryptocurrency be taxed? The tax landscape is most likely subject to change, however, currently, there are...
