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TLR insights

Practical articles by the TLR team on the questions clients actually ask.

Business structures · Jul 9, 2026

Business Bank Account: Required Documents

Opening a business bank account requires more documentation than a personal account. This guide outlines the essential documents needed, ensuring a smooth and compliant process.

By Ozhan Yuksel, EA, MBA · 2 min
General tax · Jul 8, 2026

Capital Gains Taxes: What Seniors Need to Know

Navigate capital gains taxes as a senior with our comprehensive guide. Understand current regulations, dispel myths about age-related exemptions, and learn strategies to minimiz…

By Ozhan Yuksel, EA, MBA · 2 min
General tax · Jul 7, 2026

Medicare Tax on Retirement Income: What You Need to Know

Understanding whether your retirement income is subject to Medicare tax is crucial for financial planning. This guide clarifies which retirement income sources are taxable and h…

By Ozhan Yuksel, EA, MBA · 2 min
General tax · Jul 6, 2026

Capital Gains and Roth IRAs: What You Need to Know

Understand the tax implications of capital gains within a Roth IRA. Learn how Roth IRAs can offer tax advantages and contribute to your retirement savings strategy. Consult with…

By Ozhan Yuksel, EA, MBA · 2 min
Payroll · Jul 5, 2026

Navigating Tax Rules for Company-Provided Meals

Understanding the nuances of tax regulations regarding employer-provided meals is crucial for accurate financial reporting. This guide clarifies when company meals are tax-deduc…

By Ozhan Yuksel, EA, MBA · 2 min
Real estate tax · Jul 4, 2026

1031 Exchanges and Stocks: Understanding the Rules

While 1031 exchanges are powerful tax deferral tools, they are specifically designed for real estate investments. Learn why stocks don't qualify and explore alternative strategi…

By Ozhan Yuksel, EA, MBA · 2 min
Real estate tax · Jul 3, 2026

Deducting Mortgage Interest on a Rental Property: A Comprehensive Guide

Rental property owners can deduct mortgage interest as a business expense on Schedule E to reduce taxable income. This guide explains eligibility, limitations, and how to accura…

By Ozhan Yuksel, EA, MBA · 3 min
Real estate tax · Jul 2, 2026

A History of Capital Gains Taxes in the United States

Explore the evolution of capital gains taxes in the U.S., from their introduction in 1913 to modern legislation. Understand how rates have changed and the factors influencing them.

By Ozhan Yuksel, EA, MBA · 3 min
Real estate tax · Jul 1, 2026

Understanding Section 1250: Depreciation Recapture on Real Property

Section 1250 of the Internal Revenue Code addresses the recapture of depreciation on real property. It primarily applies when accelerated depreciation methods have been used, po…

By Ozhan Yuksel, EA, MBA · 3 min
Business structures · Jun 30, 2026

Understanding IRS Revenue Ruling 99-5: LLC Membership Changes

IRS Revenue Ruling 99-5 outlines the tax implications when a single-member LLC transitions into a partnership. It addresses scenarios involving the addition of new members throu…

By Ozhan Yuksel, EA, MBA · 2 min
Real estate tax · Jun 29, 2026

Tax-Advantaged Financial Planning: Maximize Your Savings

Strategic financial planning can significantly reduce your tax obligations. By understanding the nuances of retirement accounts like 401(k)s and IRAs, as well as investment stra…

By Ozhan Yuksel, EA, MBA · 2 min
Real estate tax · Jun 28, 2026

Tax Deductible Closing Costs When Selling Rental Property

Selling a rental property involves tax implications that can be mitigated by understanding deductible closing costs. These deductions reduce taxable earnings from the investment…

By Ozhan Yuksel, EA, MBA · 2 min

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