Tax Guides

148 guides, built from the primary documents. Pick a topic to filter.

• All guides
• Trade contractors
• Job costing & pricing
• LLC & S-corp
• Self-employed & 1099
• Roth conversions
• Inherited IRAs
• Retirement
• IRS forms

• Roth conversionsJun 8, 20267 min

  Mega Backdoor Roth 401(k): How to Add $37,500 in Tax-Free Savings

  You maxed out your 401(k) sometime around June. You hit the number your payroll system flagged, the contributions stopped, and now your leftover savings each month are landing in a...

• Roth conversionsJun 5, 20265 min

  Roth vs Traditional IRA: How to Choose Which is Best for You

  The Roth vs Traditional IRA question really comes down to this: do you want to pay the IRS today, or do you want to pay them tomorrow?I sit across from...

• Rental propertyJun 4, 20265 min

  How to avoid taxes when selling a rental property?

  When you finally decide to sell your rental property, it is important to know that there are dozens of ways to handle the resulting tax bill. Some people use complex...

• Startup equityJun 3, 20266 min

  Should I Give My Family Member a Business Loan or Buy Equity?

  If you are investing in a high-risk family business that operates as an S-Corporation or C-Corporation, structuring your investment as equity (stock) under IRC Section 1244 is often much better...