How Rental Property Owners Can Avoid the Net Investment Income Tax

Houston area investment property owners have every reason to be concerned about the Net Investment Income Tax (NIIT). It’s an extra 3.8 percent of tax in addition to whatever amounts you are already paying for federal income and self-employment tax. With rental properties as a primary focus for the NIIT, it can quickly make a…

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How to Use An Accountable Plan For An S-Corp or C-Corp

In the corporate world, it’s not uncommon for employees to have business-related expenses. With even more workers moving their offices into their homes, these expenses have become even more important. Most companies have formal policies and procedures in place to help account for these costs and plans to help those employees obtain reimbursement. These plans…

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