Bookkeeping

Beginning in 2026, charitable giving will look very different from a tax perspective—especially for higher-income taxpayers. Changes enacted under the One Big Beautiful Bill Act (OBBBA) introduce new limits on charitable deductions that reduce their overall tax value, even though the desire to give remains unchanged. For individuals and families who give generously, particularly those approaching or already in retirement, understanding these changes—and planning ahead—will be critical to preserving tax efficiency while continuing to support the causes that matter most.

Many business owners believe that once revenue and profits look strong, the hard work is done. But high income does not always mean high wealth — especially when tax planning is ignored.

Many business owners believe that once revenue and profits look strong, the hard work is done. But high income does not always mean high wealth — especially when tax planning is ignored.

Many business owners believe that once revenue and profits look strong, the hard work is done. But high income does not always mean high wealth — especially when tax planning is ignored.

Many business owners believe that once revenue and profits look strong, the hard work is done. But high income does not always mean high wealth — especially when tax planning is ignored.

Thinking about investing in property overseas? Before you sign a deal, there’s one thing more important than location, rental yield, or appreciation potential: How each country taxes your real estate income. Many investors assume that the rules that work in the U.S. will naturally apply abroad. But when you start investing internationally, you quickly realize that every tax system has its own logic — and they rarely match. One of my American expat clients learned this firsthand while managing homes in both New York and Madrid. The differences between the IRS and Spain’s Hacienda were surprising — and costly. If you’re an expat, global investor, or planning to buy real estate in Spain or the USA, this guide will help you understand the tax rules that can directly impact your returns.

When most Americans invest abroad, they focus on the opportunity—returns, diversification, and passive income. But what many cross-border investors don’t realize is that the real risk often lies not in the investment itself, but in how the IRS classifies that investment.