By Dave Horwedel, CEO of Torchlight Tax. Most likely — yes. But it’s not guaranteed just yet. Let’s break down what’s happening with bonus depreciation and why it matters for your business or real estate investments. What’s Going On in Congress? Bonus depreciation is...
By Dave Horwedel, CEO of Torchlight Tax. Real estate is one of the strongest tools for reducing taxes for the tax-savvy investor. 1031 exchanges can be used to sell real estate and defer the tax on the profits indefinitely. I explain how this works in my video What is...
by Dave Horwedel, EA and CEO of Torchlight Tax A new federal tax law, signed into effect on July 3, 2025, brings a range of changes that impact individuals, businesses, and investors. Some provisions are modest adjustments, while others introduce new opportunities and...
by Dave Horwedel, EA, CEO of Torchlight Tax Reportedly, 40 million lawsuits are filed in America every year. This makes asset protection a high priority for Americans who wants to live well and keep and expand their assets. This is Dave Horwedel, CEO of Torchlight Tax...
by Dave Horwedel, EA Minimizing Tax on Sale of a Home If you’re looking to sell your home, you should take a close look at the exclusion rules and cost basis of your home to reduce your taxable gain on the sale. You are welcome to contact Torchlight Tax if you would...