Tax Reform and the Section 179 Deduction By: Zac Anderson, Staff Accountant With the passing of the Tax Cuts and Jobs Act late last year, there will… More on this story
The Child Credit to Become Even More Valuable The child credit has long been a valuable tax break. But, with the passage of the Tax Cuts and Jobs… More on this story
A Closer Look at the Domestic Production Activities Deduction The domestic production activities deduction (DPAD) provides a tax break for certain “domestic production activities.” Unfortunately, many businesses tend to… More on this story
If you made gifts last year, you may (or may not) need to file a gift tax return Gifting assets to loved ones is one of the simplest ways of reducing your taxable estate. However, what may not… More on this story
Medicare Blog Series: Part 3 By: Linda Fargo- Tax Manager Original Medicare: Includes Part A & Part B Medicare provides this coverage directly Choice of… More on this story
Scrambling to get your 1099-MISC information together? Here’s some advice. By: Natalie Bruns, CPA- Senior Accountant As the deadline to file 1099s quickly approaches, more and more clients seem to… More on this story
Life insurance: A Powerful Estate Planning Tool for Nontaxable Estates For years, life insurance has played a critical role in estate planning, providing a source of liquidity to pay estate… More on this story
Hooray for Continued Valuation Discounts for Family Limited Partnerships and for Francis Ford Coppola and “The Godfather!” By: Mark Rhea, J.D.- Senior Assistant Accountant Valuation discounts are not very hard to understand. I’ll start by asking a… More on this story
Have you taken state estate taxes into account? The Tax Cuts and Jobs Act has doubled the federal gift and estate tax exemption, with inflation-adjustments projected to raise… More on this story
Tax Cuts and Jobs Act Expands Appeal of 529 Plans in Estate Planning It’s common for grandparents to want to help ensure their grandchildren will get a high quality education. And, along the… More on this story