As we continue to come out of the COVID-19 pandemic, you may be traveling again for business. Under tax law,…
The “sandwich generation” is a large segment of the population. These are people who find themselves caring for both their…
Owning assets jointly with one or more of your children or other heirs is a common estate planning “shortcut.” But…
Internal controls are a system of policies and procedures organizations put in place to protect assets and improve operating efficiency….
If your business is organized as a sole proprietorship or as a wholly owned limited liability company (LLC), you’re subject…
One benefit of the current federal gift and estate tax exemption amount ($11.7 million in 2021) is that it allows…
Strategic investments — such as expanding a plant, purchasing a major piece of equipment or introducing a new product line…
If you and your spouse have similar irrevocable trusts that benefit each other, it’s important to know that the trusts…
In recent years, the accounting rules for certain balance sheet items have transitioned from historical cost to “fair value.” Examples…
Many businesses use independent contractors to help keep their costs down. If you’re among them, make sure that these workers…