Latest Insight

October 20, 2026

Real Estate Professional Status: Why Most Investors Who Think They Qualify Don't

Qualifying as a real estate professional can convert suspended rental losses into current deductions. The two statutory tests are stricter than most investors assume, and the hours are counted per calendar year.

Simon Klein, CPA.

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IRS Representation — What Actually Happens After You Ignore an IRS Notice

July 16, 2026

The earlier you respond to IRS collection notices, the more options you have to resolve your tax debt and avoid levies, wage garnishments, and other enforcement actions.

Simon Klein, CPA.

The Cost Segregation Bill You Don't See Coming

July 16, 2026

Cost segregation can generate substantial upfront tax savings, but understanding and planning for depreciation recapture is essential to maximizing your long-term investment returns.

Simon Klein, CPA.

Why Your S-Corp Salary Number Could Get You Audited

July 16, 2026

Learn why setting a reasonable S-corporation salary is essential for maximizing tax savings while minimizing IRS audit risk and ensuring long-term compliance.

Simon Klein, CPA.