1 min read
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...
To help you understand the implications of the recent Corporate Transparency Act
We have prepared a selection of frequently asked questions.
1 min read
Investment Interest Expense Is Still Deductible, but That Doesn’t Necessarily Mean You’ll Benefit
As you likely know by now, the Tax Cuts and Jobs Act (TCJA) reduced or eliminated many deductions for individuals. One itemized deduction the TCJA...
2 min read
Building an On-Off Switch into Your Estate Plan
The right estate planning strategy for you likely is the one that will produce the greatest tax savings for your family. Unfortunately, there can be...
2 min read
When Are LLC Members Subject to Self-Employment Tax?
Limited liability company (LLC) members commonly claim that their distributive shares of LLC income — after deducting compensation for services in...
1 min read
Create a Road Map to Protect Your Estate
No matter how much effort you’ve invested in designing your estate plan, your will, trusts and other official documents may not be enough. Consider...
2 min read
Could Your Business Benefit from the Tax Credit for Family and Medical Leave?
The Tax Cuts and Jobs Act created a new federal tax credit for employers that provide qualified paid family and medical leave to their employees....
1 min read
Stretch Your College Student’s Spending Money with the Dependent Tax Credit
If you’re the parent of a child who is age 17 to 23, and you pay all (or most) of his or her expenses, you may be surprised to learn you’re not...
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The 2018 Gift Tax Return Deadline Is Almost Here
Did you make large gifts to your children, grandchildren or other heirs last year? If so, it’s important to determine whether you’re required to file...
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There’s Still Time for Small Business Owners to Set up a Sep Retirement Plan for Last Year
If you own a business and don’t have a tax-advantaged retirement plan, it’s not too late to establish one and reduce your 2018 tax bill. A Simplified...
2 min read
Vehicle-Expense Deduction Ins and Outs for Individual Taxpayers
It’s not just businesses that can deduct vehicle-related expenses. Individuals also can deduct them in certain circumstances. Unfortunately, the Tax...
2 min read
Careful Tax Planning Required for Incentive Stock Options
Incentive stock options (ISOs) are a popular form of compensation for executives and other employees of corporations. They allow you to buy company...
1 min read
Appointing the Right Trustee for Your Living Trust Provides Peace of Mind
A living trust is a cornerstone of many estate plans. During your life, you can serve as the trustee and manage the assets just as you would if you...
1 min read
Address Your Pet in Your Estate Plan Using a Pet Trust
If you’re an animal lover, a pet is a member of the family — sometimes even more so than flesh-and-blood. So you want to ensure that your beloved pet...