Our client sold a rental property for a very small gain. We helped him uncover the suspended passive losses that became deductible upon disposition. Further, we advised this client to convert $100,000 of a traditional IRA to a Roth. Thanks to the deductible rental losses, no tax was due on the conversion.All Insights
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April 1, 2021
A Powerful Partnership Built on Trust with the National Wood Flooring Association
The Situation With three separate and unique not-for-profit entities and a for-profit all housed under one umbrella, the…
March 12, 2021
Developed Revenue Allocation Process to Save Labor Union 25 Hours Per Month
While auditing a labor union client, we encountered difficulties with reconciling the numerous categories of dues revenue during…
November 17, 2020
Helped Local Private High School Obtain Forgiveness for $1.5 Million PPP Loan
A St. Louis private high school was looking for help navigating the changing regulations of the Paycheck Protection…