743 plain-English guides on us tax, each one ending in what to do next.
Page 28 of 31, newest first.
A dentist over 45 with steady profit can stack a cash balance plan on a 401(k) and commonly put in $200,000 to $300,000 a year. Staff get a contribution too.
US TaxA de novo dental practice deducts startup costs under IRC 195 and equipment under MACRS, but an acquisition splits the price into seven classes under IRC 1060.
US TaxNearly every dental practice cost is deductible; equipment comes off in year one through Section 179 (up to $2,500,000 for 2026) or 100% bonus.
US TaxA dental practice sells as assets, and the split on Form 8594 decides the tax: goodwill is capital gain to the seller. Covers key rules, filing.
US TaxThe FICA tip credit is a dollar-for-dollar federal income tax credit available to food and beverage establishments for the employer share of FICA taxes.
US TaxFlipping houses makes you a dealer in the IRS's eyes, meaning ordinary income rates, self-employment tax, UNICAP on rehab costs, and no 1031 exchange.
US TaxFranchise bookkeeping must satisfy franchisor audit rights and reconcile royalties to POS data. How to set up the chart of accounts correctly.
US TaxEvery franchise agreement has an end date. Whether you're fifteen years into a twenty-year term and starting to think about what comes next.
US TaxThe Franchise Disclosure Document contains raw financial data that determines your cost structure, deduction schedule, and capital expenditure plan.
US TaxYou paid $45,000 to open a franchise. You wrote the check, signed the agreement, and started building out the location. Covers industry-specific.
US TaxThe moment a franchisee signs a second franchise agreement, the tax picture changes in ways that a single-unit operator never has to think.
US TaxFranchise startup costs range from $100,000 to $500,000. Opening a franchise is one of the most capital-intensive ways to start a business.
US TaxYes, nearly every fee a franchisor charges you after opening day is deductible in the year you pay it. Royalties. Includes IRS rules, documentation.
US TaxTerritory fees, area development rights, and exclusivity payments are Section 197 intangibles amortized over 15 years. Covers industry-specific.
US TaxSelling a franchise triggers capital gains, depreciation recapture, and a purchase price allocation under IRC 1060. Covers industry-specific deductions,.
US TaxFAR 31.2 sets which costs are allowable on government contracts. The direct-versus-indirect split drives how costs hit contracts, rates, and DCAA audits.
US TaxFringe, overhead, and G&A rates allocate shared costs to government contracts. How to structure the pools, choose bases, and survive a DCAA audit.
US TaxA government cost proposal must build up from direct labor rates through indirect rates to the fully burdened rate, plus fee.
US TaxTimekeeping is DCAA's most audited area. Labor is typically 50% to 70% of a services contractor's total costs on a government contract.
US TaxThe IRC 1060 purchase price allocation drives how much of a hotel you can expense in year one. Due diligence checklist and day-one structuring.
US TaxUSALI (the Uniform System of Accounts for the Lodging Industry, now in its 12th edition) is the accounting standard that almost every hotel management.
US TaxA cost segregation study can reclassify 20-40% of a hotel's building cost into shorter-lived assets eligible for bonus depreciation.
US TaxMost hotel owners end up with more entities than they expected, and that is usually the correct outcome rather than a sign of overcomplication.
US TaxHotel franchise fees split into a 15-year Section 197 intangible, deductible royalties under IRC 162, and PIP costs classified by asset type.