Real Estate Investor vs. Dealer: Understanding the Differences and Tax Implications
As real estate prices continue to rise, owners of undeveloped "raw" land are finding property development an increasingly attractive opportunity.
Read more...As real estate prices continue to rise, owners of undeveloped "raw" land are finding property development an increasingly attractive opportunity.
Read more...Upcoming deadlines to keep on your radar.
Read more...After years of watching bonus depreciation phase down, it’s back, and this time, it’s here to stay.
Read more...Having accounting personnel perform bank reconciliations early and consistently can prevent issues further down the road.
Read more...Companies are now able to access enhanced deductions and tax credits, which in turn contribute to a notable increase in after-tax cash flow.
Read more...Notice 2026-11 delivers certainty, opportunity, and a permanent 100% bonus depreciation rule. For dealerships investing in facilities and equipment, it’s good news but like most good things in tax, it works best with a plan.
Read more...To protect themselves, taxpayers who need proof of a specific mailing date should request a manual (local) postmark at the post office when they mail an item or use services such as certified mail and retain the receipt.
Read more...Hiring your children in your business provides substantial tax savings for both your business and your household. There are many intricacies and strict rules involved in this practice, however, so please reach out to HHM CPAs and let us know how we can assist you in this endeavor.
Read more...Tax provisions aimed at supporting families and expanding access to education-related tax benefits.
Read more...Step-by-step guide on how to renew your contractor's license.
Read more...After a record-setting surge during the pandemic, dealership blue sky values have begun to stabilize
Read more...Business meals with clients will remain 50% deductible as long as they are directly related to business ventures.
Read more...Now known as the 2025 Act, the IRS has recently provided guidance for these new tax provisions as well as some for older ones. The briefing also discusses a new bill recently signed and a final reminder as we move into 2026.Guidance on “Trump Accounts”
Read more...Starting a business without inheriting systems or tax strategies in entrepreneurship can make navigating the U.S. tax system complex. However, understanding key tax considerations early can help you avoid costly mistakes and set a rock-solid foundation for long-term success.
Read more...There are several important tax deadlines for both businesses and individuals just around the corner.
Read more...Firm adds tax supervisor and several senior and staff-level professionals across its offices
Read more...Outlook on Opportunities and Challenges Across the Construction Market in 2026
Read more...As tax season approaches, it’s important to consider ways to save before you file your return.
Read more...With the passing of the H.R.1 Reconciliation Bill, federal adoption tax credits have become more beneficial in 2025.
Read more...As technology and industry continue to advance, the nations of the world rely on each other’s specialties more than ever.
Read more...Our most successful dealers evaluate both reimbursement and contract cost quarterly or biannually. This allows for adjustments in smaller increments to limit the disruption to the service department and F&I sales process.
Read more...The Florida legislature is preparing to take up proposals to overhaul the property tax system in the State of Florida.
Read more...Recent tax law changes have reshaped the landscape for potential depreciation-related tax planning strategies.
Read more...Several important tax deadlines for individuals and businesses are approaching.
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