Reading Time: 3 minutes As people look ahead to retirement, they often picture relaxing days, trips, and special times with family and friends. However, a financial issue is not always so obvious, and it can significantly impact how secure your retirement is....
Reading Time: 3 minutes The 2017 Tax Cuts and Jobs Act (TCJA) increased almost twice the lifetime estate and gift tax exemption. It elevated the individual exemption from $5.6 million to $11.18 million. It raised the exemption for couples from $11.18 million to $22.36...
Reading Time: 3 minutes When a person dies, their estate is responsible for paying their debts and taxes. However, the heirs of the estate may also be liable for these obligations. This is because the heirs are essentially taking on the assets and liabilities of the...
Reading Time: 3 minutes Retirement plans are crucial considerations for business owners. The SEP IRA and Solo 401(k) are two popular options to explore. It is essential to compare the advantages and disadvantages of each retirement plan. The ideal plan depends on...
Reading Time: 2 minutes Business owners and executives are known to invest numerous hours evaluating options, modeling potential deals, and considering outcomes before engaging in a transaction. The success of a deal, whether it be a merger, acquisition,...
Reading Time: 3 minutes After three years of disruption caused by COVID-19, the world is gradually returning to normal, and taxes are not exempt from this. As millions of Americans file their federal income taxes for 2022, they are faced with several pandemic policies...
