Save or Shred? Follow These Recordkeeping Guidelines
Are you a recordkeeping pack rat? Many individuals and businesses hold onto paper and digital records indefinitely — just in case. […]
FAQs about Deducting Home Loan Interest under the New Tax Law
The Tax Cuts and Jobs Act (TCJA) changes the rules for deducting interest on home loans. Most homeowners will be unaffected […]
Retirement Account Catch-Up Contributions Can Add Up
Are you age 50 or older? If so, you can currently make extra “catch-up” contributions to certain types of tax-favored retirement […]
Tax Cut Law: Mostly Good News for Employers and Employees
The most immediate concrete change the Tax Cuts and Jobs Act (TCJA) will bring about for employers is new payroll […]
2018 IRS Estate and Gift Tax Inflation Adjustments
The IRS has announced the 2018 inflation adjustments for many tax provisions, including exemptions for estate, gift and generation-skipping transfer […]
Issues Regarding Valuation of Cash and Non-Cash Assets in Estate Planning
Valuation of Cash or Financial Assets Valuation of Cash or Financial Assets is determined by providing an independent statement such […]
Report Warns Retirees about Potential Downsides of Reverse Mortgages
Reverse mortgages have been around for years. But they're getting a new spin: Some senior homeowners are tapping into their […]
Qualified Domestic Trusts (QDOT)
The basic idea of a Qualified Domestic Trust or QDOT (normally built into most revocable living trusts) is to avoid […]
Business Continuity Solutions In Case of Death or Incapacitation
How does your small business Corporation or LLC pass to your family members upon your death? We have come across […]
Is This Your Situation: Worried about Taxes on an Asset Sale?
There is always a temptation to just sell off assets that you've accumulated and take the cash. But that generally results […]