Building Middle-Class Wealth Through Strategic Ownership, Tax Planning, and Sound Investment Principles
Jessica I. Marschall, CPA, ISA AM President: MAS LLC, Probity Appraisal Group, and The Green Mission Inc. April 23rd, 2025 While the most straightforward path to wealth is through inheritance—particularly in the form of appreciating real estate or investment income—not everyone has the advantage of generational financial support. For those without a billionaire relative, or […]
Read MoreBrand Valuation: Measurement of Value Indicators
Jessica I. Marschall, CPA, MAS LLC March 15th, 2025 Valuing a brand is a complex process that business valuators approach with both qualitative and quantitative tools. The value of a brand is typically captured as an intangible asset and can be appraised independently or as part of a broader business valuation under a fair market […]
Read MoreForeign Earned Income Exclusion (FEIE) vs. Foreign Tax Credit (FTC)
Jessica I. Marschall, CPA, ISA AM March 19th, 2025 U.S. citizens and resident aliens who earn income abroad may be able to exclude foreign income or claim foreign tax credits to reduce double taxation. The Foreign Earned Income Exclusion (FEIE) and the Foreign Tax Credit (FTC) serve different purposes and can sometimes be strategically used […]
Read MoreWhen the IRS Reclassifies Your Business as a Hobby: The Costly Consequences of Retroactive Tax Adjustments
By Jessica I. Marschall, CPA, ISA AM March 16th, 2025 The distinction between a business and a hobby under IRS rules can have profound financial implications. Many taxpayers assume that if they operate an activity with revenue, they qualify as a business. However, the IRS has the authority to retroactively reclassify an activity as a […]
Read MoreUnderstanding the Distribution of the U.S. Tax Burden: Federal Income Taxes vs. Payroll Taxes
Jessica I. Marschall, CPA March 12th, 2025 One of the most widely cited statistics in tax policy debates is that a relatively small percentage of high-income earners pay the vast majority of federal income taxes. While this is true, it is essential to recognize that the federal income tax system is highly progressive, meaning that […]
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