Pennywise Tax Strategies Blog

A description of the different types of accountants, and how they can serve your business.

Offering a timeshare as an employee incentive can lead to valuable tax benefits if managed properly. This blog details two approaches to make your ...

Offering smartphones and tablets like iPads as tax-free fringe benefits to your employees can be a smart move for your business. When provided prim...

The IRS is tightening its grip on crypto transactions with new tax reporting requirements set to begin in 2025. Digital asset brokers will be requi...

Replacing the roof on your rental property can yield significant tax benefits beyond the standard depreciation over 27.5 years. This blog explains ...

Investing in raw land offers unique opportunities but comes with specific tax considerations. Unlike improved property, tax deductions for raw land...

Real estate options and leases with purchase options offer powerful tools to boost your investment returns. This guide outlines how to capitalize o...

Selecting the correct business entity is pivotal in shaping your tax strategy. Among the various options available, the S Corporation (S Corp) stan...

Did you make any energy-efficient upgrades to your home in 2022? Or are you planning renovations for 2023?

It's tax season, which means small business owners should be thinking about 1099s!