The Stepped-Up Basis: How to Pass Real Estate Tax-Free to Heirs
When a loved one passes down real estate, the emotional weight can be heavy—and so can the potential tax bill. For families inheriting property, understanding how taxes work on that…
When a loved one passes down real estate, the emotional weight can be heavy—and so can the potential tax bill. For families inheriting property, understanding how taxes work on that…
Navigating business expansion is no easy task for a business at any stage of its lifespan. This challenge is exacerbated for start-ups and small businesses who don’t have the time…
Running a medical practice means navigating a maze of financial and operational challenges while simultaneously trying to deliver top-quality care to patients. From managing nuanced billing systems and insurance requirements…
From Chicago Real Producers Magazine – December 2024 Issue – For Tim Reichert and Steve Kunz, success at The Hechtman Group (THG), a premier accounting firm in the North Shore,…
With the tax season quickly approaching, The Hechtman Group would like to remind you of some important tax opportunities for 2024 which may impact your return. Standard vs. Itemized Deductions…
Small business owners know that staying on top of finances can be overwhelming. Limited resources, a lack of accounting expertise, and time constraints often lead to gaps in financial management,…