Social Security Tax Planning Considerations

Social security has evolved over its 80+ year history from a benefit for retired Americans to a source of supplemental income for more than 63 million people. There are various federal and state tax laws that apply to social security benefits and taxpayers who are new retirees, nearing retirement, or have a spouse who is … Continued →

2019 Year-End Tax Planning for High Net Worth Taxpayers 

Are you worried that you might be hit with a big tax bill at the beginning of next year? If you aren’t sure of your personal tax situation, it’s time to have a conversation with your CPA. You still have options, but it’s best to act before the end of 2019. Talking with your tax … Continued →

2019 Year-End Tax Planning Advice for Commercial Real Estate Investors and Owners, and 2020 Outlook

Naden/Leans’ industry expertise includes manufacturing, technology, professional services, healthcare, nonprofit, restaurants, and this month’s focus: commercial real estate. In October’s Industry Focus, we explore the industry trends impacting decisions for 2020 and options for 2019 year-end tax planning. Do you have a stake in the commercial real estate (CRE) sector? At this time of year, it’s … Continued →

Tax Benefits of Qualified Opportunity Zones

Last month on our blog, we introduced Qualified Opportunity Zones as a newer incentive to invest in distressed communities. Introduced in the Tax Cuts and Jobs Act of 2017, Opportunity Zones give businesses and individuals substantial tax savings in exchange for locating or relocating a business or investing in property in a federally designated Opportunity … Continued →

End of Summer Tax Planning Tips

The sun is still shining, and kids are just starting back to school. It’s not tax season, so why think about tax planning? Even though it’s still technically summer, there are a few things you can do now to improve your tax situation. Contribute to Your Retirement If you requested an extension on filing your … Continued →