Tax Planning Strategies & Insights | Private Tax Solutions

Understand the R&D tax credit deadline and the steps businesses should take to claim eligible credits. Learn key requirements and avoid missing potential tax benefits. Read More

Carried interest is how private equity and venture capital fund managers get paid a share of profits — and why it sparks heated tax debates. While supporters say it rewards long-term risk-taking, critics argue it lets some of Wall Street's highest earners pay lower tax rates than salaried professionals. Here's what you need to know. Read More

Explore how alternative investments can diversify your portfolio beyond traditional stocks and bonds. Learn how assets like real estate, private equity, and other investment strategies may help support long-term financial goals while managing risk through effective tax planning. Read More

A 1031 exchange allows real estate investors to defer capital gains taxes when exchanging one investment property for another qualifying property. This guide covers the latest 2026 rules, important deadlines, eligibility requirements, and planning considerations to help investors maximize tax deferral opportunities. Read More

Long-term capital gains are taxed at 0%, 15%, or 20% depending on total taxable income with 2026 thresholds set at $98,900 (joint) and $49,450 (single) for the 0% rate. Retirees face added complexity as RMDs, Social Security, and pensions stack up and push gains into higher brackets. An additional 3.8% Net Investment Income Tax applies above $250,000 (joint). Read More

Target date funds are all-in-one retirement funds that automatically shift from growth-focused to conservative allocations as the target retirement date approaches a process called the glide path. They offer built-in diversification, automatic rebalancing, and age-adjusted risk reduction with no active management needed. Key risks include ongoing market exposure, varying glide paths across fund providers, and potentially higher fees. Read More

HSAs offer triple tax benefits during your lifetime, but when a non-spouse inherits one, the entire balance becomes taxable income in the year it is received. If no beneficiary is named, the account goes through probate, adding delays and legal costs on top of the tax hit. The best approach is to use the HSA during your lifetime and name a spouse as beneficiary where possible. Read More

Tax planning is a year-round process, not a once-a-year task and ignoring it creates a steady drag on long-term wealth. Key strategies include tax-loss harvesting to offset gains, bonus depreciation for business asset purchases, and bunching charitable donations to exceed deduction thresholds. Even small, consistent moves in how you invest, time income, and claim deductions make a meaningful difference over time. Read More

Millions of Americans may be entitled to refunds on penalties and interest charged during the COVID-19 disaster period (Jan 2020–May 2023), after court rulings suggested the IRS may have applied deadline rules incorrectly. Eligible taxpayers who paid late-file, late-pay, or estimated tax penalties during this window can file a claim using IRS Form 843. The deadline to file is July 10, 2026, so it's worth checking IRS account transcripts now. Read More

The IRS raised the 2026 business mileage rate to 72.5 cents per mile the highest ever set reflecting increased vehicle ownership costs like fuel, maintenance, and depreciation. Medical and qualifying moving expense rates dipped slightly to 20.5 cents per mile, while the charitable driving rate holds steady at 14 cents per mile. Self-employed individuals and small business owners benefit most, as employees generally cannot deduct unreimbursed business mileage under current tax law. Read More