Tax Attorney vs. CPA: Why Not Choose Both?
January 10, 2022Can’t Decide Between Tax Attorney or CPA? Why Not Choose Both? Whether you need a professional to assist with tax issues on personal or business-related concerns, it can be difficult to determine which expert best fits your needs. The most reliable professionals to aid you with tax problems are the tax attorney and the CPA…. Read more »
Using Estate Planning to Cover a Child or Grandchild’s College Tuition
January 07, 2022Estate Planning Can Cover a Child or Grandchild’s College Tuition College tuition costs are escalating every day. This includes all the costs that go along with tuition. Remember expenses such as equipment, living expenses, school supplies, textbooks, and more. For many families, the thought of covering these costs is nothing short of daunting. However, estate… Read more »
The State of The Estate Tax
January 06, 2022The State of The Estate Tax 2021 was aflutter with drama about the future of the estate and gift tax. Yet despite all the proposals that floated through both chambers of Congress, the estate tax is ending the year right where we started -the only change is to account for inflation. Why was there such… Read more »
END OF YEAR BUSINESS COMPLIANCE CHECKLIST FOR 2021
December 17, 2021As we wrap up 2021, businesses need to take stock of — and tackle — any outstanding business compliance tasks. Loose ends could jeopardize your company’s good standing with your state. By getting your business “ducks in a row,” your business will be better able to be a successful trajectory as we enter 2022. Below… Read more »
A Recap of the Top Tax Developments of 2021
December 16, 2021The year 2021 has been a tumultuous one for tax professionals, with continuing pandemic-related developments as well as new legislation, regulations, court decisions and IRS pronouncements. While the major developments are familiar to most, there are some that might have been missed due to the busy nature of the profession during the past year. The… Read more »
Tax-related identity theft is a concern during holiday season warn the IRS
November 30, 2021Tax-related identity theft is a concern during holiday season warn the IRS The Internal Revenue Service, state tax authorities and the tax preparation industry are working to highlight the dangers of tax scams and identity theft at this time of year calling it National Tax Security Week. Taxpayers and tax professionals need to beware of… Read more »
Tax Concerns Due to Current Legislation
November 29, 2021Tax Concerns as a Result of the Infrastructure Investment and Jobs Act and the Build Back Better Act As we approach the end of the year, recent legislation can impact your tax and wealth management plans. We have reviewed the final Infrastructure and Jobs Act as well as the latest proposed Build Back Better Act…. Read more »
Thanksgiving: A Good Time to Talk Estate Planning
November 21, 2021It’s Thanksgiving-Let’s Talk Estate Planning Usually, the rule at large gatherings of friends and family is you don’t talk about politics, religion, or personal finances. Yet Thanksgiving offers a great chance to get caught up with loved ones who make up your “family.” With everyone gathered together, you have a prime opportunity to discuss the… Read more »
Time to Start Investing
November 18, 2021The Time to Start Investing is Now Does the thought of funds and portfolios make you start to sweat? Do you think investing is only for the rich? Don’t let excuses or fear cause you to skip out…investing is a great way to grow your wealth. We can all get behind that concept. These days… Read more »
Estate Planning Assistance for Veterans and Active Military
November 10, 2021Whether you’re a veteran or active military, thank you for your service. Here is some help to put a plan in place to safeguard your family and your legacy. This should include how their family members will manage if the head of their household unexpectedly dies. For military service members, the thought of how they… Read more »