by Leif Jensen | Dec 4, 2024 | Retirement |
I am getting more and more questions on the taxation of Social Security. One taxpayer who waited till 70 to collect has been hit with a huge tax bill because of the taxable amount of Social Security. The federal taxation of Social Security benefits can be complex....
by Leif Jensen | Dec 2, 2024 | Investing |
While manufacturing and warehouse space in the O’Hare corridor remain tight, other forms of commercial real estate differ. As the commercial real estate (CRE) market struggles with deepening woes, offices in particular are facing record-high vacancies. This is...
by Leif Jensen | Nov 20, 2024 | Retirement |
Retirement seems to be a topic on many people’s minds lately. I have a doctor who is retiring next year, and several clients have asked me about the tax implications of their own upcoming retirements. I’ve even been asked about my own retirement plans,...
by Leif Jensen | Nov 18, 2024 | Corporate Entities |
S corporations have become an increasingly popular business structure for many small businesses due to their tax advantages and liability protection. These entities are a common tool among tax planners, but entity selection is not a one-size-fits-all approach. There...
by Leif Jensen | Nov 13, 2024 | Taxes |
The upcoming November election will have high stakes when it comes to taxes. Many of the tax provisions in the 2017 reform law are set to expire in 2025, reverting to the pre-2017 rules unless Congress acts. This means the next president will have to confront this...
