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Blog

Close up of man in a blue suit working on a calculator with a laptop and the words TAX and SAVINGS BONDS transposed onto the photo.
Posted in: Financial Planning

How are Series EE savings bonds taxed?

July 23, 2024 0

How are Series EE savings bonds taxed?

Savings bonds are purchased by many Americans, often as a way to help fund college or show their patriotism. Series EE bonds, which replaced Series […]

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Penalty A Punishment Imposed For Breaking A Law, Rule, Or Cont
Posted in: Tax Planning

Legitimate Ways to Avoid a 10% Penalty Tax on Early IRA Withdrawals

July 19, 2024 0

Legitimate Ways to Avoid a 10% Penalty Tax on Early IRA Withdrawals

In a pinch, you may need to take some money out of your traditional IRA (or IRAs) before you reach age 59½. The IRS refers to […]

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Cost,management,concept,with,businessman
Posted in: Business Planning & Consulting

3 areas of focus for companies looking to control costs

July 10, 2024 0

3 areas of focus for companies looking to control costs

Controlling costs is fundamental for every business. But where and how to address this challenge can change over time based on various economic and logistical […]

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Image of a hand writing on a white board with a marker - a circle with the words ESTATE PLANNING in the middle - also the words trust, living will, life insurance, succession, charity, and income taxes
Posted in: Estate Planning

Planning your estate? Don’t overlook income taxes

July 9, 2024 0

Planning your estate? Don’t overlook income taxes

The current estate tax exemption amount ($13.61 million in 2024) has led many people to feel they no longer need to be concerned about federal […]

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Title Tax Planning
Posted in: Tax Planning

7 Midyear Tax Planning Tips for Individuals

July 8, 2024 0

7 Midyear Tax Planning Tips for Individuals

Summer is a good time to reflect on tax planning moves that could lower this year’s tax bill. It appears there won’t be any significant federal tax […]

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Elderly man and woman sitting on a couch with a laptop
Posted in: Estate Planning

Cross “Create an Estate Plan” Off Your To-Do List

July 5, 2024 0

Cross “Create an Estate Plan” Off Your To-Do List

If you’re like most Americans, you don’t have an estate plan (according to various sources, adults with estate plans range from 23% to 33% of the […]

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Financial,concept,meaning,defined,benefit,plan,with,phrase,on,the
Posted in: Retirement Planning

Could a 412(e)(3) retirement plan suit your business?

July 3, 2024 0

Could a 412(e)(3) retirement plan suit your business?

When companies reach the point where they’re ready to sponsor a qualified retirement plan, the first one that may come to mind is the 401(k). […]

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Business,,technology,,internet,and,network,concept.,young,businessman,shows,the
Posted in: General

Consider borrowing from your corporation but structure the deal carefully

July 2, 2024 0

Consider borrowing from your corporation but structure the deal carefully

If you own a closely held corporation, you can borrow funds from your business at rates that are lower than those charged by a bank. […]

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hand of a man holding a blue calculator resting on tax forms
Posted in: Tax Planning

Planning for Taxable Gains and Losses

June 27, 2024 0

Planning for Taxable Gains and Losses

What’s the difference between capital gains and losses and ordinary gains and losses? The classification will have a major impact on your federal income tax obligations when you sell assets, […]

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Posted in: Technology

Businesses have options for technology leadership positions

June 26, 2024 0

Businesses have options for technology leadership positions

To say that technology continues to affect how businesses operate and interact with customers and prospects would be an understatement. According to the Business Software […]

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Photo of the white house in the evening with a green banner in the upper righthand corner with the letters TCJA
Posted in: Tax Planning

What might be ahead as many tax provisions are scheduled to expire?

June 25, 2024 0

What might be ahead as many tax provisions are scheduled to expire?

Buckle up, America: Major tax changes are on the horizon. The reason has to do with tax law and the upcoming elections. Our current situation […]

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Business Concept About Charitable Contributions With Sign On The Page.
Posted in: Business Valuation

Valuing Donations of Private Business Stock

June 24, 2024 0

Valuing Donations of Private Business Stock

Some business owners may be considering donating corporate stock to charities in 2024. Donations of public stocks are generally easy to value because their prices are listed on […]

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