Inheritance Unplanned: The Unexpected Impact of Taxes on Families
Estate taxes are a complex and frequently misunderstood part of financial planning that can significantly impact the inheritance process. The federal ...
Don't Overlook Taxes when Contemplating a Move to Another State
When you retire, you may think about moving to another state, perhaps because the weather is more temperate or because you want to be closer to ...
The Importance of Appraisals Beyond Business
Whether you’re in the process of making a retirement or estate plan or you intend to donate property to charity, you’ll need to know the value of ...
Plan Now for Year-end Gifts with the Gift Tax Annual Exclusion
Now that Labor Day has passed, the holidays are just around the corner. Many people may want to make gifts of cash or stock to their loved ones. By ...
Divorcing Business Owners: Mind the Tax Consequences
If you’re getting a divorce, you know the process is generally filled with stress. But if you’re a business owner, tax issues can complicate matters ...
IRS Provides Transitional Relief for RMDs and Inherited IRAs
The IRS has issued new guidance providing transitional relief related to recent legislative changes to the age at which taxpayers must begin taking ...
Don't Overlook These Two Essential Estate Planning Strategies
When it comes to estate planning, there’s no shortage of techniques and strategies available to reduce your taxable estate and ensure your wishes are ...
The IRS Clarifies What Counts as Qualified Medical Expenses
The IRS recently released guidance providing the 2024 inflation-adjusted amounts for Health Savings Accounts (HSAs).
Evaluating an ESOP from a Succession Planning Perspective
If you’ve been in business for a while, you’ve probably considered many different employee benefits. One option that might have crossed your desk is ...