February 2024

For founders and investors in start-ups, qualified small business stock (QSBS) offers a significant tax advantage that can be likened to a generous gift from the IRS. This tax provision allows shareholders to potentially realize substantial tax-free gains, providing a compelling incentive to invest in qualifying small businesses. However, it is important to understand the…

The toughest roads to navigate in an electric vehicle may be the forking paths of the tax code. EV buyers can get up to $7,500 in tax savings right at the dealership, under changes to the law that went into effect Jan. 1. By contrast those who drove an EV off the lot last year…

As a small business owner, your employees are the heart and soul of your organization. Many entrepreneurs understand the importance of a diverse, inclusive workforce and the benefits it brings, not just to the business, but to the community at large. Your commitment to hiring practices that uplift veterans, marginalized communities, and those facing barriers…

Your tax bill is largely determined by tax brackets. These are really just ranges of taxable income. As your taxable income moves up this ladder, each layer gets taxed at progressively higher rates. How do tax brackets work? A single person with $140,000 in taxable income in 2024 would be in the 24% tax bracket.…