Individual Tax Planning

You have undoubtedly heard that the tax forms have been made much simpler.  However, the tax planning associated with what is reported on these “simpler” forms continues to be complex.  NDHA can help you with these complexities.

NDHA advises clients pertaining to:

  • Section 199A – Deduction for 20% of qualified business income;
  • Investments in Qualified Opportunity Zones;
  • Suspended passive losses;
  • Section 461(l) – Disallowance of Excess Business Losses;
  • Capital gains and losses;
  • Like-kind exchanges;
  • Virtual currency transactions;
  • Retirement plan and IRA planning issues, including the income tax consequences of any estate planning with respect to these types of assets; and
  • Employment contracts, including agreements to receive stock or equity interests in an employer.