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For most people, receiving an inheritance is something good, but for a nursing home resident on Medicaid, an inheritance may not be such welcome news. Medicaid has strict income and resource limits, so an inheritance can make a Medicaid recipient ine… Read More

Whether an investor is converting from physical possession to allocated storage or overseas storage, from coins to bars or into exchangeable traded funds, or from gold to silver, buying and selling precious metals is ideally suited for like-kind exch… Read More

What is Asset Protection? Asset Protection involves a combination of legal structures that create barriers between your wealth and potential threats. The objective is to minimize the risk of potential liability and preserve your assets. A good asset… Read More

By: Shirley Ju, President 1031 Investment Solutions The sharp downturn in the overall real estate market has significantly reduced the number of 1031 exchanges. Most income property owners are waiting for real estate prices to further improve before… Read More

SCOREs 20th Annual Federal and State Tax Update Early Bird Registration Deadline Extended until November 15 $139.00 1st Registrant $119.00 Each Additional Registrant Click Here to Register NEW Venue, NEW Speakers, NEW Topics and FREE Parking! Decembe… Read More

The IRS Office of the Chief Counsel recently rejected a creative yet flawed attempt to end-run an LLC’s member’s obligation to pay self-employment tax on his distributive share of LLC income. As detailed in Chief Counsel Advice 201640014,… Read More

Location may influence the value of real estate but timing is the more important variable from a tax perspective. By selecting an advantageous method of accounting, real estate developers can enhance the time value of money by deferring the recogniti… Read More

[8:00 a.m. to 5:00 p.m.] A seminar for Accountants, Tax Professionals, Tax Return Preparers and Staff, Trust Officers, Financial Planners, Controllers and Small Business Owners [CPE Credits] Crowne Plaza Hotel 801 Greenwich Avenue Warwick, RI Topics… Read More