Appreciated Assets

Run The Numbers Before Donating Appreciated Assets To Charity

Are you charitably inclined? If so, you probably know that donations of long-term appreciated assets, such as stocks, have an advantage over cash donations. But in some cases, selling appreciated assets and donating the proceeds may be a better strategy. That’s because adjusted gross income (AGI) li..........

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Scott Henvey
Scott Henvey

16 January, 2023

Run The Numbers Before Donating Appreciated Assets To Charity

The Standard Business Mileage Rate Is Going Up In 2023

SECURE 2.0 Law May Make You More Secure In Retirement

Can You Qualify For The QBI Deduction In 2022?

Selling stock by year-end? Watch out for the wash sale rule.

Choosing a business entity? Here are the pros and cons of a C corporation.

Intangible assets: How must the costs incurred be capitalized?

How Inflation Will Affect Your 2022 And 2023 Tax Bills

How Savings Bonds Are Taxed

Annual Gift Tax Exclusion Amount Increases For 2023

Year-End Tax Planning Ideas For Individuals

Worried about an IRS audit? Prepare in advance.

Trusting A Trust To Keep Your Assets Secure

The Inflation Reduction Act: what’s in it for you?

Is your income high enough to owe two extra taxes?

Does your trust provide for the removal of a trustee?

How to avoid the early withdrawal tax penalty on IRA distributions

How to treat business website costs for tax purposes

Is your tax withholding adequate? Here’s how to check

The tax obligations if your business closes its doors

The GST tax and your estate plan: What you need to know

How do taxes factor into an M&A transaction?

Your estate plan: Don’t forget about income tax planning

Understanding the increase in mileage deduction.

4 estate planning documents your college-aged child should have

Want to turn a hobby into a business? Watch out for the tax rules

Tax considerations when adding a new partner at your business

Are you and your spouse considering “splitting” gifts?

Fully deduct business meals this year

The tax rules of renting out a vacation property

Power up your trust with Crummey powers

There still may be time to cut your tax bill with an IRA

Defined-value gifts: Plan carefully to avoid unpleasant tax surprises

Owning real estate in more than one state may multiply probate costs

The election to apply the research tax credit against payroll taxes

Lost your job? Here are the tax aspects of an employee termination

Important tax aspects of operating your business as a sole proprietor

Did you give to charity in 2021? Make sure you have substantiation

The donor-advised fund: A powerful vehicle for charitable giving

Making withdrawals from your closely held corporation that aren’t taxed as dividends

Married couples filing separate tax returns: Why would they do it?

Commission fraud: When salespeople get paid more than they’ve earned

Avoiding undue influence claims

Are you eligible for a medical expense tax deduction?

With proper planning, a charitable remainder trust can replicate a “stretch” IRA

Businesses with employees who receive tips may be eligible for a tax credit

How will revised tax limits affect your 2022 taxes?

Small businesses: There still may be time to cut your 2021 taxes

Is your estate plan up to date following a divorce?

Providing a company car? Here’s how taxes are handled

With year-end approaching, 3 ideas that may help cut your tax bill

Prepare for a new year by reviewing your estate plan

Do you have a will?

Feeling generous at year end? Strategies for donating to charity or gifting to loved ones

Businesses can show appreciation — and gain tax breaks — with holiday gifts and parties

Employers: The Social Security wage base is increasing in 2022

The tax score of winning

Is a significant portion of your wealth concentrated in a single stock?

Tax depreciation rules for business automobiles

Is a Health Savings Account right for you?

Planning for year-end gifts with the gift tax annual exclusion

Claiming theft loss deduction if business is victim of embezzlement

Tax breaks to consider during National Small Business Week

You can only claim a casualty loss tax deduction in certain situations

Estate planning in a socially distanced environment

Scholarships are usually tax free but may result in taxable income

Is recording my will signing on video a good idea?

Getting a divorce? Be aware of tax implications if you own a business

Does your employer provide life insurance? See the tax consequences

Large cash transactions with your business must be reported to the IRS

With a self-directed IRA, you choose your own investments

Possible tax consequences of guaranteeing a loan to your corporation

5 possible tax aspects of a parent moving into a nursing home

Is an LLC the right choice for your small business?

A family bank professionalizes intrafamily lending

Understanding the current "step-up" basis rules

Can a broken trust be fixed?

Deductibility of corporate expenses covered by officers/shareholders

IRS audits may be increasing, so be prepared

Does your estate plan address your grandchildren in a fair manner?

Many parents will receive advance tax credit payments starting July 15

Hiring your minor children this summer? Reap tax and nontax benefits

Still have questions after you file your tax return?

Are you holding a joint title to property with a family member?

Recordkeeping DOs and DON’Ts for business meal and vehicle expenses

Traveling for business again? What can you deduct?

Help guide your family with a road map for your estate plan

Estate planning in the FAST lane

Retiring soon? 4 tax issues you may face

2021 Q3 tax calendar: Key deadlines for businesses and other employers

Members of the sandwich generation find themselves in a unique situation

Tax-favored ways to build up a college fund

Ensure the IRS doesn’t reclassify independent contractors as employees

Tax filing deadline is coming up: What to do if you need more time

4 Reasons to Revisit Your Powers of Attorney

Simple retirement savings options for your small business

Unemployed last year? Buying health insurance this year?

Keep it all in the family: Transferring your vacation home

Need a new business vehicle? Consider a heavy SUV

How to ensure life insurance isn’t part of your taxable estate

New law tax break may make child care less expensive

Estimated tax payments: The deadline for the first 2021 installment is coming ups

New law: Parents and other eligible Americans to receive direct payments

Business highlights in the new American Rescue Plan Act

If you run a business from home, you could qualify for home office deductions

Not disclosing all of your assets helps no one

Did you make donations in 2020? There’s still time to get substantiation

Now or later: When’s the right time to transfer your wealth?

Launching a small business? Here are some tax considerations

Dissecting the contents of a will

Creating an education legacy using a family education trust

Retiring soon? Recent law changes may have an impact on your retirement savings

Take control of your charitable donations using restrictions

Work Opportunity Tax Credit extended through 2025

What are the tax implications of buying or selling a business?

2021 individual taxes: Answers to your questions about limits

Many tax amounts affecting businesses have increased for 2021

The power of the tax credit for buying an electric vehicle

The cents-per-mile rate for business miles decreases again for 2021

Getting sentimental over your tangible personal property

Don’t forget to take required minimum distributions this year

The new Form 1099-NEC and the revised 1099-MISC are due to recipients soon

What does a trustee do?

PPP loans have reopened: Let’s review the tax consequences

One reason to file your 2020 tax return early

Reduce gift and estate tax exposure by making direct payments of tuition and medical expenses

Educate yourself about the revised tax benefits for higher education

Can your business benefit from the enhanced Employee Retention Tax Credit?

4 questions single parents should ask about their estate plans

New law doubles business meal deductions and makes favorable PPP loan changes

The COVID-19 relief law: What’s in it for you?

Make your legacy last by educating your children about wealth management

The right entity choice: Should you convert from a C to an S corporation?

Your taxpayer filing status: You may be eligible to use more than one

Does your estate plan clearly communicate your wishes?

Prevent and detect insider cyberattacks

The next estimated tax deadline is January 15 if you have to make a payment

2021 Q1 tax calendar: Key deadlines for businesses and other employers

With a flick of the switch: Build an on-off mechanism into your estate plan

Can you qualify for a medical expense tax deduction?

Drive more savings to your business with the heavy SUV tax break

2 options for families with disabled loved ones: ABLE accounts and SNTs

Maximize your 401(k) plan to save for retirement

The QBI deduction basics and a year-end tax tip that might help you qualify

Review your estate plan in light of a new presidential administration

Steer clear of the wash sale rule if you’re selling stock by year end

Small businesses: Cash in on depreciation tax savers

Avoid these four estate planning deadly sins

Employees: Don’t forget about your FSA funds

The importance of S corporation basis and distribution elections

Only specific trusts are eligible to hold S corporation stock

Taking distributions from a traditional IRA

Health Savings Accounts for your small business

Name the right person as executor to help ensure your planning objectives are carried through

How Series EE savings bonds are taxed

Do you want to withdraw cash from your closely held corporation at a low tax cost?

Estate planning and your art collection

Disability income: How is it taxed?

Tax responsibilities if your business is closing amid the pandemic

Don’t forget about making a portability election

Divorcing couples should understand these 4 tax issues

New business? It’s a good time to start a retirement plan

4 ways to address elderly parents in your estate plan

Buying and selling mutual fund shares: Avoid these tax pitfalls

The 2021 “Social Security wage base” is increasing

What tax records can you throw away?

Understanding the passive activity loss rules

Is a noncharitable purpose trust right for you?

The easiest way to survive an IRS audit is to get ready in advance

Why it’s important to plan for income taxes as part of your estate plan

Don’t procrastinate if you plan to transfer ownership of your life insurance policy

Can investors who manage their own portfolios deduct related expenses?

Business website costs: How to handle them for tax purposes

A health care power of attorney is an essential element of any estate plan

Tax implications of working from home and collecting unemployment

2020 Q4 tax calendar: Key deadlines for businesses and other employers

Buy-sell agreements: A smart business decision also makes estate planning sense

Employers have questions and concerns about deferring employees’ Social Security taxes

Homebuyers: Can you deduct seller-paid points?

Making lifetime gifts continues to be a smart estate planning strategy

Back-to-school tax breaks on the books

5 key points about bonus depreciation

Oh, no, your original will is missing!

Will You Have to Pay Tax on Your Social Security Benefits?

CARES Act made changes to excess business losses

Divorcing? Revise your estate plan

What happens if an individual can’t pay taxes

The President’s action to defer payroll taxes: What does it mean for your business?

5 good reasons to turn down an inheritance

More parents may owe “nanny tax” this year, due to COVID-19

The possible tax consequences of PPP loans

Because of COVID-19, college-aged children need a basic estate plan

The tax implications of employer-provided life insurance

File cash transaction reports for your business

Avoid “bad blood” among family members: Protect your will from legal challenges

Are scholarships tax-free or taxable?

Fortify your assets against creditors with a trust

Take advantage of a “stepped-up basis” when you inherit property

Even if no money changes hands, bartering is a taxable transaction

Conduct a “paycheck checkup” to make sure your withholding is adequate

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