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..........

Read More
Scott Henvey
Scott Henvey

16 January, 2023

Investing, Retirement Planning, Taxes

How Savings Bonds Are Taxed

Many people have savings bonds that were purchased many years ago. Perhaps they were given to your children as gifts or maybe you bought them yourself. You may wonder how the interest you earn is t..........

Read More
Maurice La Verdure
Maurice La Verdure

17 November, 2022

Business Owners & Entrepreneurs, Retirement Planning, Tax Reform, Planning, Business Owners, smallbusiness

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

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 yo..........

Read More
Scott Henvey
Scott Henvey

11 March, 2022

Retirement Planning, Estate Planning, Tax Reform, Retirees, Investment Advisory & Wealth Mangement

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

One goal of estate planning is to avoid or minimize probate. This is particularly important if you own real estate in more than one state. Why..........

Read More
Scott Henvey
Scott Henvey

9 March, 2022

Retirement Planning, Taxes, Retirees, Divorcees and Widows, Investment Advisory & Wealth Mangement

Avoiding undue influence claims

A primary purpose of estate planning is to ensure that your wealth is distributed according to your wishes after you die. But if a family memb..........

Read More
Maurice La Verdure
Maurice La Verdure

18 January, 2022

Retirement Planning, Taxes, Tax Reform, Planning, Retirees, Divorcees and Widows

Are you eligible for a medical expense tax deduction?

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. Med..........

Read More
Scott Henvey
Scott Henvey

12 January, 2022

Retirement Planning, Taxes, Tax Reform, Planning

Is a Health Savings Account right for you?

Given the escalating cost of health care, there may be a more cost-effective way to pay for it. For eligible individuals, a Health Savings Acc..........

Read More
Scott Henvey
Scott Henvey

23 September, 2021

Retirement Planning, Taxes, Planning, Retirees, Divorcees and Widows, Investment Advisory & Wealth Mangement, Education

Estate planning in a socially distanced environment

As many states continue to struggle with the current surge in COVID-19 cases, the “new normal” demands continued social distancing in many are..........

Read More
Maurice La Verdure
Maurice La Verdure

7 September, 2021

Retirement Planning, Taxes, Estate Planning, Planning, Retirees, Divorcees and Widows

Is recording my will signing on video a good idea?

Some people make video recordings of their will signings in an effort to create evidence that they possess the requisite testamentary capacity..........

Read More
Maurice La Verdure
Maurice La Verdure

1 September, 2021

Business Owners & Entrepreneurs, Retirement Planning, Executives, Retirees, Business Owners, Investment Advisory & Wealth Mangement, smallbusiness

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

If you’re the type who would rather order ala carte rather than a set entrée, you might prefer a “self-directed” IRA. With this option, you ma..........

Read More
Maurice La Verdure
Maurice La Verdure

20 August, 2021

Retirement Planning, Taxes, Retirees, Divorcees and Widows, Investment Advisory & Wealth Mangement

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

If you have a parent entering a nursing home, you may not be thinking about taxes. But there are a number of possible tax implications. Here a..........

Read More
Scott Henvey
Scott Henvey

12 August, 2021

Retirement Planning, Taxes, Estate Planning, Planning, Retirees, Divorcees and Widows, Investment Advisory & Wealth Mangement

Understanding the current "step-up" basis rules

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes.

Read More
Maurice La Verdure
Maurice La Verdure

30 July, 2021

Retirement Planning, Taxes, Estate Planning, Tax Reform, Planning, Retirees, Business Owners, Divorcees and Widows, Investment Advisory & Wealth Mangement

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

Many people, when planning their estates, simply divide their assets equally among their children. But “equal” may not necessarily mean “fair...........

Read More
Maurice La Verdure
Maurice La Verdure

14 July, 2021

Retirement Planning, Taxes, Estate Planning, Executives, Retirees, Investment Advisory & Wealth Mangement

Retiring soon? 4 tax issues you may face

If you’re getting ready to retire, you’ll soon experience changes in your lifestyle and income sources that may have numerous tax implications...........

Read More
Maurice La Verdure
Maurice La Verdure

17 June, 2021

Business Owners & Entrepreneurs, Retirement Planning, Taxes, Estate Planning, Planning, Retirees

4 Reasons to Revisit Your Powers of Attorney

Although much of estate planning deals with what happens after you die, it’s equally important to have a plan for making critical financial or..........

Read More
Maurice La Verdure
Maurice La Verdure

12 May, 2021

Business Owners & Entrepreneurs, Retirement Planning, Estate Planning, Retirees, Business Owners

Keep it all in the family: Transferring your vacation home

If your family owns a vacation home, you know what a relaxing refuge it can be. This is especially true these days due to the limited travel o..........

Read More
Scott Henvey
Scott Henvey

7 April, 2021

Retirement Planning, Retirees

What qualifies as a “coronavirus-related distribution” from a retirement plan?

As you may have heard, the Coronavirus Aid, Relief and Economic Security (CARES) Act a..........

Read More
Scott Henvey
Scott Henvey

23 June, 2020

Retirement Planning, Retirees

Seniors: Can you deduct Medicare premiums?

If you’re age 65 and older, and you have basic Medicare insurance, you may need to pay..........

Read More
Maurice La Verdure
Maurice La Verdure

14 July, 2020

Retirement Planning, Traditional IRA

A nonworking spouse can still have an IRA

It’s often difficult for married couples to save as much as they need for retirement when one spouse doesn’t work outside the home — perhaps so that spouse can take care of children or elderly pare..........

Read More
Maurice La Verdure
Maurice La Verdure

14 July, 2020

Retirement Planning

CARES ACT changes retirement plan and charitable contribution rules

As we all try to keep ourselves, our loved ones, and our communities safe from the coronavirus (COVID-19) pandemic, you may be wondering about some of the recent tax changes that were part of a tax..........

Read More
L&H CPAs
L&H CPAs

14 July, 2020

Retirement Planning, Traditional IRA, Retirees, Investment Advisory & Wealth Mangement

Planning for a tax-efficient retirement

Read More
L&H CPAs
L&H CPAs

14 July, 2020

Retirement Planning, Traditional IRA, Retirees

Choosing an employee retirement plan

Read More
L&H CPAs
L&H CPAs

14 July, 2020

Retirement Planning

LHCPA Post 3

What is Lorem Ipsum?

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ..........

Read More
L&H CPAs
L&H CPAs

14 July, 2020

Retirement Planning

5 Benefits of Working in Retirement

In the past, retirement has been portrayed as an ending, a grand exit from your years in the workplace. But the rules are shifting. Labor force participation among those aged 65-74 is predicted to..........

Read More
L&H CPAs
L&H CPAs

14 July, 2020

Retirement Planning

Catch-up Retirement Plan Contributions Can Be Particularly Advantageous Post-TCJA

Will you be age 50 or older on December 31? Are you still working? Are you already contributing to your 401(k) plan or Savings Incentive Match Plan for Employees (SIMPLE) up to the regular annual ..........

Read More
L&H CPAs
L&H CPAs

13 June, 2020

Business Owners & Entrepreneurs, Retirement Planning

It’s Not Too Late: You Can Still Set up a Retirement Plan for 2018

If most of your money is tied up in your business, retirement can be a challenge. So if you haven’t already set up a tax-advantaged retirement plan, consider doing so this year. There’s still time..........

Read More
L&H CPAs
L&H CPAs

14 July, 2020

Retirement Planning

Want to Retire Abroad? Review Your Estate Plan First

If you dream of spending your golden years in a tropical paradise, a culture-rich European city or another foreign locale, it’s important to understand the potential Read More
L&H CPAs
L&H CPAs

14 July, 2020

Retirement Planning

Apply for a Waiver If You’ve Missed the 60-Day Ira Rollover Deadline



IRAs and employer-sponsored plans such as 401(k)s are powerful retirement savings tools, but they also provide valuable Read More
L&H CPAs
L&H CPAs

13 June, 2020

Content not found
contact-banner2

KEEP IN TOUCH

ADDRESS

10000 North Central Expressway
Suite 710
Dallas, TX 75231

PHONE

972-421-1099

ANY QUERY?