Vine Dahlen PLLC

05/28/2026

Selling investment or commercial real estate can result in a substantial tax bill if the property has appreciated significantly. One strategy to help ease your tax burden is an installment sale.

Selling investment or commercial real estate can result in a substantial tax bill if the property has appreciated significantly. One strategy to help ease your tax burden is an installment sale. What’s an Installment Sale? In an installment sale, the seller gets at least one payment after the tax ...

05/22/2026

Tax documents can accumulate quickly. While clearing out old files can feel productive, it’s important not to discard anything until you’ve reviewed some record-retention guidelines.

Tax documents can accumulate quickly. While clearing out old files can feel productive, it’s important not to discard anything until you’ve reviewed some record-retention guidelines. Why Good Recordkeeping Is Important Well-organized records make it easier to prepare accurate tax returns and res...

05/20/2026

The wages you pay your child are generally deductible as a business expense. For your child’s income tax purposes, wages received will be at least partially protected from federal income tax by his or her standard deduction. Any wages in excess of the standard deduction generally will be taxed at your child’s marginal rate, likely only 10%. So this strategy can reduce your family’s overall income tax liability.

The wages you pay your child are generally deductible as a business expense. For your child’s income tax purposes, wages received will be at least partially protected from federal income tax by his or her standard deduction. Any wages in excess of the standard deduction generally will be taxed at ...

05/13/2026

Getting a large inheritance can create new financial opportunities. But it’s important to handle inherited assets carefully, especially when it comes to taxes and planning. Understanding relevant tax rules can help you avoid surprises and make informed decisions.

Getting a large inheritance can create new financial opportunities. But it’s important to handle inherited assets carefully, especially when it comes to taxes and planning. Understanding relevant tax rules can help you avoid surprises and make informed decisions. Know the Basic Tax Rules Usually, ...

04/29/2026

Are you a business owner or self-employed? Do you drive for business purposes? If so, you’ll be happy to know that the IRS’s standard mileage rate has increased. Learn more: https://www.vinedahlen.com/2026-business-mileage-rate-gets-a-boost/

04/22/2026

Notices from the IRS are more common than you may realize. Each year, the IRS mails millions of letters to clarify information, confirm changes or request additional documentation. Receiving a notice may seem intimidating, but most notices can be addressed quickly with the right information and guidance.

Learn more: https://www.vinedahlen.com/what-to-know-if-you-receive-an-irs-notice/

04/15/2026

A recent survey found that 45% of small businesses reported growth, but 78% wanted to grow. Learn more about how to keep growth sustainable: https://www.vinedahlen.com/common-growth-mistakes-small-businesses-make/

04/06/2026

If you already contribute pre-tax dollars to a traditional 401(k) plan or IRA, you may also want to contribute to a Roth version.

Learn more here: https://www.vinedahlen.com/why-you-may-want-a-roth-account-in-your-retirement-plan/

03/25/2026

Don’t Let the AMT Catch You Off Guard. Are you subject to the alternative minimum tax (AMT)? In general, this tax applies if your “tentative minimum tax” exceeds your regular income tax liability.

Read more here: https://www.vinedahlen.com/dont-let-the-amt-catch-you-off-guard/

03/18/2026

If you buy, sell or trade digital assets, such as cryptocurrency or certain nonfungible tokens (NFTs), new reporting requirements will likely affect how your transactions are reported to and reviewed by the IRS. While these rules don’t change how digital assets are taxed, they significantly impact information reporting, increasing transparency and scrutiny.

Read more here: https://www.vinedahlen.com/irs-expands-digital-asset-reporting-with-new-form-1099-da/