Basis - Tipping and Company

The total original cost (including any additional outlays) of an equity investment or a piece of property. This is used by the Internal Revenue Service to compute taxable gain, profit, or appreciation.

Your Last Chance to Claim the Solar Tax Credit
The Importance of Year-Round Tax Planning
Five Key Provisions of New Tax Law Affecting Estate Planning
The One Big Beautiful Bill, signed into law on July 4, 2025, reshapes estate and tax planning strategies. Key provisions include a higher $15 million estate and gift tax exemption, an expanded SALT deduction cap, preservation of lower income tax rates, enhanced benefits for qualified small business stock, and continuation of the 20% QBI deduction. Together, these changes provide new opportunities for high-net-worth individuals and business owners to refine their tax and estate plans with greater certainty.
One Big Beautiful Bill Act Tax Cuts
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