Wm. Neil Langlois CPA, LLC

08/14/2026

Selling a Business: Debt Assumption Is Part of the Tax Price

When a buyer assumes your company's debt, that debt relief counts as consideration. Why a '$100k' sale can be a $500k taxable event, and why to model it before the LOI....

When a buyer assumes your company's debt, that debt relief counts as consideration. Why a '$100k' sale can be a $500k taxable event, and why to model it before the LOI.

08/11/2026

A Large Charitable Deduction Does Not Mean You Should Create Income

A big charitable deduction isn't a coupon you must 'fill' by selling appreciated stock. How deduction limits, NIIT, state tax, and IRMAA change the real math....

A big charitable deduction isn't a coupon you must 'fill' by selling appreciated stock. How deduction limits, NIIT, state tax, and IRMAA change the real math.

08/07/2026

Real Estate Professional Status Is Not Just a Job Title

'Real estate professional' is a specific tax test, not a job title, and you still must materially participate. The contemporaneous log to keep before relying on rental losses....

'Real estate professional' is a specific tax test, not a job title, and you still must materially participate. The contemporaneous log to keep before relying on rental losses.

08/06/2026

I asked Chat GPT about my calendar... the results surprised me.

08/04/2026

Multi-Year Tax Planning Is More Than Moving a Deduction

The lowest tax bill this year isn't always the lowest total tax. Why a November/December projection beats optimizing a single year, and what belongs in the model....

The lowest tax bill this year isn't always the lowest total tax. Why a November/December projection beats optimizing a single year, and what belongs in the model.

08/04/2026

One of the biggest tax misconceptions is thinking a tax deduction and tax credit do the same thing. They don't. Understanding the difference can help you make better financial decisions. Watch to learn how each one actually impacts your taxes.

07/31/2026

Oregon Estate Tax and Federal Portability Are Two Different Conversations

A family can have an Oregon estate-tax filing even when no federal estate tax is expected. Oregon estate tax vs. federal portability vs. Form 1041, and why liquidity matters....

A family can have an Oregon estate-tax filing even when no federal estate tax is expected. Oregon estate tax vs. federal portability vs. Form 1041, and why liquidity matters.

07/30/2026

Curious whether a residential cost segregation study could benefit your property? Start with our FREE Residential Cost Calculator. In just a few minutes, you'll get an estimate to help you decide whether a full study is worth exploring. No guesswork, no commitment.

07/28/2026

Your Business Paid for Improvements to Your Personal Property. Now What?

When your company pays for improvements to a shop you own personally, is it a deduction, rent, a leasehold improvement, or a distribution? Get the lease and ownership right first....

When your company pays for improvements to a shop you own personally, is it a deduction, rent, a leasehold improvement, or a distribution? Get the lease and ownership right first.

07/28/2026

Tax deadlines are approaching faster than you think. If you're still on extension or considering a new CPA, now is the time to start the conversation. Planning ahead can make the transition smooth and help you avoid last minute stress. Reach out today to get started! 💵👍