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Which Entity Is Most Suitable for Your New or Existing Business?
The Tax Cuts and Jobs Act (TCJA) has changed the landscape for business taxpayers. That’s because the law introduced a flat 21% federal income tax...
To help you understand the implications of the recent Corporate Transparency Act
We have prepared a selection of frequently asked questions.
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If Your Kids Are off to Day Camp, You May Be Eligible for a Tax Break
Now that most schools are out for the summer, you might be sending your children to day camp. It’s often a significant expense. The good news: You...
1 min read
Key Questions to Ask Before Joining Another Business
Merging with another company can be the most efficient way to grow -- if you plan carefully. Failed mergers and acquisitions are often the result of...
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Leave Your Mark with a Dynasty Trust
If a prime objective of your estate plan is to leave a lasting legacy, a dynasty trust may be the right estate planning vehicle for you. And, thanks...
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It’s a Good Time to Check Your Withholding and Make Changes, If Necessary
Due to the massive changes in the Tax Cuts and Jobs Act (TCJA), the 2019 filing season resulted in surprises. Some filers who have gotten a refund in...
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Hire Your Children This Summer: Everyone Wins
If you’re a business owner and you hire your children (or grandchildren) this summer, you can obtain tax breaks and other nontax benefits. The kids...
1 min read
Beware If Your Estate Plan Leaves Specific Assets to Specific Heirs
Planning your estate around specific assets is risky and, in most cases, should be avoided. If you leave specific assets — such as homes, cars or...
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Selling Your Home? Consider These Tax Implications
Spring and summer are the optimum seasons for selling a home. And interest rates are currently attractive, so buyers may be out in full force in your...
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Consider a Roth 401(K) Plan — and Make Sure Employees Use It
Roth 401(k) accounts have been around for 13 years now. Studies show that more employers are offering them each year. A recent study by the Plan...
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Make health care decisions while you’re healthy
Estate planning isn’t just about what happens to your assets after you die. It’s also about protecting yourself and your loved ones. This includes...
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Check on Your Refund — and Find out Why the IRS Might Not Send It
It’s that time of year when many people who filed their tax returns in April are checking their mail or bank accounts to see if their refunds have...
1 min read
Does Your Estate Plan Include a Formula Funding Clause?
The gift and estate tax exemption is higher than it’s ever been, thanks to the Tax Cuts and Jobs Act (TCJA), which temporarily doubled the exemption...
2 min read
Plug in Tax Savings for Electric Vehicles
While the number of plug-in electric vehicles (EVs) is still small compared with other cars on the road, it’s growing — especially in certain parts...