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Maurice La Verdure: Jun 1, 2023 10:03:03 AM
Whether you’re operating a new company or an established business, losses can happen. The federal tax code may help soften the blow by allowing...
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Maurice La Verdure: Jun 1, 2023 9:36:37 AM
If you’ve received, or will soon receive a significant inheritance, it may be tempting to view it as “found money” that can be spent freely. But...
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Maurice La Verdure: Nov 17, 2022 11:32:31 AM
The effects of inflation are all around. You’re probably paying more for gas, food, health care and other expenses than you were last year. Are you...
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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...
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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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Scott Henvey: Feb 16, 2022 3:24:42 PM
If you donated to charity last year, letters from the charities may have appeared in your mailbox recently acknowledging the donations. But what...
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Maurice La Verdure: Feb 16, 2022 3:23:10 PM
If charitable giving is important to you, consider a donor-advised fund (DAF). A DAF — typically sponsored and managed by a community foundation or...
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Scott Henvey: Feb 16, 2022 3:21:30 PM
Do you want to withdraw cash from your closely held corporation at a minimum tax cost? The simplest way is to distribute cash as a dividend. However,...
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Maurice La Verdure: Feb 16, 2022 3:19:32 PM
If you’re married, you may wonder whether you should file joint or separate tax returns. The answer depends on your individual tax situation.
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Scott Henvey: Jan 12, 2022 3:41:53 PM
You may pay out a bundle in out-of-pocket medical costs each year. But can you deduct them on your tax return? It’s possible but not easy. Medical...
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Maurice La Verdure: Jan 12, 2022 3:39:02 PM
The “stretch” IRA generally no longer exists. But if you have a substantial balance in a traditional IRA, a properly designed charitable remainder...
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Scott Henvey: Jan 12, 2022 3:31:29 PM
If you’re an employer with a business where tipping is customary for providing food and beverages, you may qualify for a federal tax credit involving...
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Maurice La Verdure: Jan 12, 2022 3:29:11 PM
While Congress didn’t pass the Build Back Better Act in 2021, there are still tax changes that may affect your tax situation for this year. That’s...
