Content - Granite Peak

Now What? Planning Items Post Sale of Your Practice

Take a Multi-Year Outlook on Income Tax Planning It is essential that you know what your tax liability will be from the sale of your practice. Once the tax liability

Abbott Pratt Quick Tax Tip→

As illustrated in a previous post, the tax law changes of 2018 brought along a new benefit to pass through entities: The QBI Deduction, which is a deduction up to

Abbott Pratt Tax Talks – Spotlighting the Retirement Plan Credit

Who doesn’t love tax credits?! They are a dollar for dollar reduction of your tax liability. The IRS has a specific credit for qualified businesses that has added a SEP,

Abbott Pratt Tax Talks – How Long Should I Hold Onto My Tax Records For?

There is a long winded answer to this question, and there is a short one… we will provide the short but are always open for a discussion to expand upon