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Scott Henvey: Jul 11, 2022 2:48:48 PM
The GST tax and your estate plan: What you need to know Here’s a not-so-fun fact: The generation-skipping transfer (GST) tax is among the harshest and most complex in the tax code. So, if you’re planning to share some of your wealth with your...
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Maurice La Verdure: Jul 11, 2022 2:45:38 PM
How do taxes factor into an M&A transaction? Although merger and acquisition activity has been down in 2022, according to various reports, there are...
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Maurice La Verdure: Jun 21, 2022 12:07:30 PM
As a result of the current estate tax exemption amount ($12.06 million in 2022), many people no longer need to be concerned with the federal estate...
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Scott Henvey: Jun 21, 2022 12:04:48 PM
Businesses will soon be able to deduct more under the standard mileage rate Business owners are aware that the price of gas is historically high,...
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Maurice La Verdure: Jun 21, 2022 12:01:17 PM
Does your college-aged child have a basic estate plan? In more cases than not, the answer is “no.” The good news is that the summer months are the...
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Maurice La Verdure: May 9, 2022 3:51:20 PM
Like many people, you may have dreamed of turning a hobby into a regular business. You won’t have any tax headaches if your new business is...
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Maurice La Verdure: May 9, 2022 3:48:29 PM
Adding a new partner in a partnership has several financial and legal implications. Let’s say you and your partners are planning to admit a new...
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Scott Henvey: May 9, 2022 3:47:51 PM
Gift splitting can be a valuable estate planning tool, allowing you and your spouse to maximize the amount of wealth you can transfer tax-free. But...
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Maurice La Verdure: Apr 11, 2022 11:49:00 AM
The federal government is helping to pick up the tab for certain business meals. Under a provision that’s part of one of the COVID-19 relief laws,...
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Maurice La Verdure: Apr 11, 2022 11:45:40 AM
Summer is just around the corner. If you’re fortunate enough to own a vacation home, you may wonder about the tax consequences of renting it out for...
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Scott Henvey: Apr 11, 2022 11:42:25 AM
The unified gift and estate tax exemption is set at an inflation-adjusted $12.06 million for 2022, up from $11.7 million for 2021. This means that...
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Scott Henvey: Mar 11, 2022 2:00:00 PM
If you’re getting ready to file your 2021 tax return, and your tax bill is more than you’d like, there might still be a way to lower it. If you’re...
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Maurice La Verdure: Mar 11, 2022 1:00:00 PM
For 2022, the federal gift and estate tax exemption has reached its highest level ever. In fact, you can transfer up to $12.06 million by gift or...
