Selling Your Investment Property? Here’s How to Defer Taxes With a 1031 Exchange
Thinking about swapping your ski chalet in Aspen for an oceanfront mansion on Miami Beach? If you’ve used your vacation home as an investment property, and collected rental income, you might be able to take advantage of a popular tax break that allows you to defer payment of any capital-gains taxes due on the sale or perhaps avoid them entirely. Known as a '1031 Exchange,' founding partner Steve Moskowitz recently discussed how this tax vehicle allows the deferral of capital-gains taxes or, even avoid them entirely.
Avoid March Tax Madness Through Retirement Planning With Steve Moskowitz, Tax Attorney
With tax season upon us, many are already descending into doom and gloom associated with the event. But what if there was a better way, one that could save you money, ease your tax burden, and begin building secure assets? According to Steve Moskowitz, San Francisco tax attorney and founder of Moskowitz LLP, there is a simple way that business owners can avoid March Tax Madness this year.
Moskowitz LLP in the Wall Street Journal
Our founding partner, Steve Moskowitz, contributed to the Wall Street Journal
article, “A Treasured Tax Break for the Smart Real-Estate Investor,” which outlines how you can defer capital-gains taxes after selling an investment property by taking advantage of 1031 exchanges
. He advised real-estate investors to consider several important aspects, including the possibility of qualifying a vacation home for this exchange, and ensuring the exchange makes business sense.
7 Things You Should Do Before Year-End To Reduce Your 2018 Tax Bill
There’s still time for U.S. taxpayers to legally minimize their 2018 tax bill. Here are some strategies to implement before December 31st.
At the end of every year, many individuals come to our tax firm seeking ways to legitimately minimize or defer their tax liability. Although tax planning should ideally be done regularly throughout the year, it’s not too late to implement some tax-savings strategies at year-end.
7 Things Tax-Savvy Business Owners Should Do Before Year-End
It’s not too late for you to take steps to minimize your 2018 business taxes!
At the end of the year, many small business owners start looking for ways to lower their business taxes. Although the best tax plans are usually implemented year-round, it’s not too late for you to save in 2018 while you begin to plan for next year.
Real Estate Owners Win Big Under The New Tax Law
As a commercial real estate or short-term rental owner, your primary concern is managing, maintaining, and growing your investment. Did you know that the new tax law could reward you for doing so? Recent changes set in motion by the new Tax Cuts and Jobs Act means a brighter outlook for commercial real estate owners and investors. If you took (or are considering) any of the following actions this year, you may be able to benefit big.
Tax Law’s Impact on Real Estate Industry
SAN FRANCISCO—The new tax law promises to have a significant impact on owners, investors and the real estate industry as a whole. In this exclusive, Steve Moskowitz, tax attorney with Moskowitz LLP, discusses the impact of tax reform on the real estate industry and the most notable changes to real estate taxation that take effect this year.
Make the New Tax Law Work for You
Moskowitz LLP provides insight into making the most of the new tax law and getting your business ahead in the coming year
As the 2017 tax season winds down, the talented team at Moskowitz LLP (www.moskowitzllp.com) in San Francisco are gearing up to give business owners a strong head start on next year's taxes by helping them to take full advantage of the major changes looming on the horizon.
Tax Reform Tips for Doctors and Lawyers
"Taxes – both for individuals and businesses – have changed dramatically and unlike anything ever before in our tax law," said Steve Moskowitz, our Senior Partner, when addressing a local group of physicians recently.
Watch Out for ‘Ghost Tax Preparers’ This Tax Season
So-called 'ghost tax preparers' are poised to spirit away your tax return refund, unless you stop them first.
Tax-filing specialists are warning Americans about so-called "ghost tax preparers" who set up shop during tax season, accept money for handling tax returns, and then disappear after April 15.
How To Make The New Tax Law Work For You
Tax attorney Steve Moskowitz of Moskowitz LLP provides insight into making the most of the new tax law and getting your business ahead in 2018. As the 2017 tax season winds down, Moskowitz LLP (www.moskowitzllp.com) in San Francisco is gearing up to give business owners a strong head start on next year’s taxes by helping them to take full advantage of the major changes looming on the horizon.
A Look at Different Areas of Life Affected by the New Tax Law
The Tax Cuts and Jobs Act signed into law in December 2017 will impact almost everyone. Aside from the tax rate, let's explore some of the other areas of life that it will affect just a few areas of most people's lives that are likely to be affected by the new law.
Tax Breaks: Which are Available for 2017 Returns?
Tax expert Steve Moskowitz is chatting with MAe about new tax laws that affect everyone's pocketbooks.
The Tax Code Has Changed: Have You? Featured In The San Francisco Star
Steve Moskowitz, Lead Tax Attorney and Founding Partner at Moskowitz LLP offers advice on how to take advantage of new tax laws in 2018. With new tax laws coming into effect on 1/1/18, Congress added a new Section 199A, allowing for the first time qualifying tax payers to deduct 20% of their qualified business income.
How to save money on your taxes this year with Steve Moskowitz
Tax season is upon us, and we could all use a little help navigating through the never-ending changes. Tax attorney Steve Moskowitz breaks it down with some helpful hints on how to use extensions to our advantage and what changes in the tax code we can expect this year.
The Tax Code Has Changed: Have You? Featured In Patch San Francisco
Steve Moskowitz of Moskowitz LLP Offers His Top Tax Tips for Making the Most of the New Tax Law.
With the new tax law mostly coming into effect on 1/1/18, the Congress added a new Section 199A, allowing for the first time qualifying tax payers to deduct 20% of their "qualified business income". "At its most simple, a qualifying taxpayer who has "qualifying business income" of $100,000 would only pay tax on $80,000. But many requirements must be satisfied and big changes loom on the horizon. Taxes – both for individuals and businesses – have changed forever," states Steve Moskowitz, Lead Tax Attorney and Founding Partner at Moskowitz LLP.