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Monthly Archives: January 2026

Understanding the Tax Implications of Rental Vacation Property by Angie Adames, CPA

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Posted on January 15, 2026 by Angie Adames

Countless benefits can come from owning vacation property that taxpayers use personally for part of the year and rent to others. However, renting residential property, whether a house, apartment, room or boat, has numerous tax implications that property owners must plan for to maximize profits and minimize tax liabilities. Rental income from a personal residence […]

The One Thing Business Owners Forget about Succession Planning: It’s Not About You by Richard A. Berkowitz, JD, CPA

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Posted on January 06, 2026 by Richard Berkowitz

Too often, entrepreneurs focus succession planning on a single event, such as their eventual retirement or exit from the business. They may even put off planning altogether until they feel confident that the company can survive their absence or there is someone capable of filling their shoes and carrying on the legacy they created. The […]