Newsletters

The current state of estate planning
Wed, Sep 1, 2021

Because of the current estate tax exemption amount ($11.7 million in 2021), many estates no longer need to be concerned with federal estate tax. As a result, more energy can be devoted to other aspects of estate planning. This article looks at important issues to still consider.


Which business website costs are deductible?
Wed, Sep 1, 2021

Every business needs a website, but it’s not always easy to determine which costs of running one are deductible. Fortunately, there are guidelines and even IRS guidance to follow. This article discusses both the hardware and software costs associated with a website.


Energize tax savings with an EV credit
Wed, Sep 1, 2021

Electric vehicles (EVs) are increasing in popularity all the time, and more of them are qualifying for a federal tax credit. For example, the IRS added three more eligible models in July. This article discusses the definition of EVs for tax purposes as well as other important points about the credit.


Safeguarding your critical documents
Wed, Sep 1, 2021

Every adult has a variety of critical documents that should be protected. This brief article discusses the importance of having a dependable safe or bank safe deposit box in which to store key documents and even cash in case of a major disaster.


Know the nuances of the nanny tax
Mon, Aug 2, 2021

During the pandemic, many families have hired household workers. For any household worker who isn’t an independent contractor, “nanny tax” obligations may apply. This article explores the details of withholding, reporting and paying a household worker. A sidebar looks at the federal unemployment tax.


5 key points about bonus depreciation
Mon, Aug 2, 2021

Like most business owners, you’ve probably heard about 100% bonus depreciation. It’s available for a wide range of qualifying asset purchases. But there are many important details to keep straight. This article presents five key points about this powerful tax-saving tool.


Stress testing your investment portfolio
Mon, Aug 2, 2021

Many banks conduct regular “stress” tests to predict the impact of adverse external events. Essentially, stress testing is the ultimate “what if” analysis. This article discusses how investors can perform stress tests on their portfolios to assess and mitigate risk.


Compiling a marital balance sheet in divorce
Mon, Aug 2, 2021

 Divorce is a difficult process for almost everyone. That’s why being clear and organized can help facilitate the process. This brief article discusses how the first step is generally to compile a marital balance sheet and what that involves.


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Archived Newsletters

July's Topics:

Curtailing tax surprises with cryptocurrency
Family businesses must beware of fraud
Are scholarships taxable?
A tax quirk of being a business partner
Tax Calendar

 

June's Topics:

Know the nuances of the nanny tax
5 key points about bonus depreciation
Stress testing your investment portfolio
Compiling a marital balance sheet in divorce

 

May's Topics:

Bolster wealth management with trusts
3 things to know after filing your tax return
The tax treatment of start-up expenses
Appreciating the helpful balance of bonds

 

April's Topics

Considering a Roth IRA conversion
Worker classification is still important
Be prepared for taxes on Social Security benefits
How the CAA affects education funding
Tax Calendar