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An S corporation can be a powerful tax tool, but only if you understand the rules. This guide explains how S corps avoid double taxation through pass-through income, why owner-employees must take a reasonable salary, how state taxes and fees affect savings, and when S status truly pays off. We also outline common pitfalls and how Brister Law Firm helps business owners decide if an S corp is the right move for their tax strategy.

Tax-loss harvesting allows investors to turn losing trades into meaningful tax savings. By selling investments at a loss, you can offset capital gains dollar-for-dollar, reduce up to $3,000 of ordinary income each year, and carry unused losses forward. This guide explains how tax-loss harvesting works, the critical wash-sale rule to avoid, common mistakes investors make, and how Brister Law Firm helps clients apply this strategy correctly to keep more of their investment retu

Depreciation can create powerful tax savings, but Passive Activity Loss Rules often delay when you can use them. Learn how PAL rules impact rental property owners and investors, why suspended losses aren’t gone forever, and strategies like Real Estate Professional Status, grouping elections, and cost segregation that can turn paper losses into real savings.