9-year window -

The applicable convention determines the portion of the tax year for which depreciation is allowable during a year at the property is...

Depreciation convention, Classlife, useful life of an asset.

What is depreciation?

Backdoor Roth IRA

Conversions are not limited to IRAs, transferring funds from a traditional IRA to a Roth IRA it's called a conversion. There is no limit...

Rolling Over (IRA)

Above the line deductions

The AGI line - preliminary figure calculated on tax returns after reporting all income that's subject to tax, including the taxable...

Tax deduction

RSU are taxed when delivered, the vesting date also called exercise date. The value of the RSU at the time of vesting is considered taxable employment income and subject to any state and federal income and employment taxes. The income and withholdings should be included in the W-2 for the year of vesting.

Equity 101

Business Auto expense

Transportation

Home office tax deduction

Non-deductible business expenses

Business taxes

Getting into Royalties.