Tax Hive Blog

Enjoy these timely and informative articles that can help you make informed decisions about your business.

1031 Exchange for Asset Growth in 7 Steps

To get started, the 1031 Exchange gets its name from Section 1031 of the U.S. Internal Revenue Code. It allows an investor to defer paying c …

5 Tax Tips for the Soon-to-Be Self-Employed

One of the best decisions many people made during the pandemic was to spin out on their own as self-employed independent contractors. They f …

6 Tips to Consider when Seeking a Financial Advisor

When seeking an advisor for investing, whether for the short term, long term, or retirement, there are some things that can help you to make …

Retirement Planning is not Just About Growing a Nest Egg

When the subject of retirement planning comes up, a lot of the discussion revolves around how much money will be needed in retirement and ho …

Congress to Fix Social Security and How It Impacts Your Retirement

Congress and the Biden administration are discussing the ongoing topic of the expected depletion of the Social Security trust account in the …

6 IRS Tips for Closing a Business

There can be good or bad reasons for closing a business, but regardless of the reason, there are considerations you must take into account t …

Avoid These 10 Retirement Planning Mistakes

Thinking about retirement and how you will fund your desired retirement lifestyle is something that should be considered when young, and par …

5 Factors When Choosing a Business Entity

Almost always, the best place to discuss business entity decisions is in your accountant’s office. While this resource can give you an overv …

6 Tax Related Questions for Your Accountant at Tax Time

Those tax time discussions with your accountant or tax advisor are necessary evils, but they can keep you from sending too much money to the …

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