Significant changes to Social Security, Medicare and taxes are set to take effect in 2025 and as the presidential election approaches, it’s crucial for retirees to grasp these developments and how each candidate's proposals may impact these vital programs and their overall retirement strategies. Read More >
Rent Smart: Leveraging QBI to Reduce Your Taxes
In this article, we explore how eligible rental property owners can benefit from the Qualified Business Income (QBI) deduction, which allows them to deduct up to 20% of their rental income. Discover the specific criteria to determine if you can take advantage of this valuable tax-saving opportunity. Read More >