The Corporate Transparency Act (CTA) went into effect on January 1, 2024, impacting millions of small businesses across the United States. Designed to combat illicit activities such as tax fraud,…
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There's nothing typical about tax planning in 2020. COVID-19 and the economic fallout are only the beginning. Even without a pandemic, recent developments such as the Setting Every Community Up…
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Income Tax Deadlines for Individuals and Businesses in the U.S. Tax season is here again as the Internal Revenue Service (IRS) officially began processing tax returns on January 27, 2020.…
Read MoreThe gift tax is also a component of the federal transfer tax system and is a tax imposed on transfers (i.e., gifts) of property during life, either given outright or…
Read MoreAccelerate Deductions and Defer Income - It sometimes makes sense to accelerate deductions and defer income. There are plenty of income items and expenses you may be able to control.…
Read MoreThe estate tax is one component of the federal transfer tax system, which also includes the gift tax and the generation-skipping transfer tax. The estate tax is a tax imposed…
Read MoreWorking with a PFS helps you put your current earnings, your projected earnings, and your long-term outlook into proper perspective. A Personal Financial Specialist, or PFS, is an individual who…
Read MoreEach year there are changes to the tax code that affect your tax return, and 2015 is no different. Here are the changes to be aware of for the coming…
Read MoreEstate planning puts your mind at ease and makes things easier for your loved ones once you are gone. Nobody can predict the future and emergencies can occur at any…
Read MoreWorking with an experienced tax attorney makes it easier dealing with the ever-changing Federal & State tax situation Every year changes are made to the tax law that affect the…
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