Transfer tax planning is a critical strategy to help preserve and pass your wealth to future generations. Unlike short-term income tax planning, transfer tax planning requires a long-term perspective....
The Basics of HSAs An HSA is more than just a savings account; it’s a powerful financial tool designed to offer individuals with high-deductible health plans (HDHPs) a proactive...
Tax season is here. So it’s important to ensure your family takes full advantage of the available tax benefits. This guide now includes deeper insights and technical details to...
Charitable giving supports the causes you care about and offers significant tax benefits. Understanding how to optimize your charitable contributions can lead to more effective giving and tax savings....
As 2024 dawns, CPA firms are bracing for a spectrum of challenges. These challenges will surely test their resilience, adaptability, and strategic prowess. The market is in flux amidst...
With tax preparation fees on the rise, CPA firms face the dual challenge of managing escalating costs while maintaining client satisfaction. This uptick in fees is driven by several...
The tax season is here, and it can give some jitters to taxpayers, especially real estate professionals! Just like all taxpayers, they must adhere to their reporting duties. At...
As a business owner, you’re constantly seeking ways to optimize your company’s financial health. One often overlooked strategy is the effective use of employee benefits. Using employee benefits to...
Welcome to the often-overlooked world of e-commerce sales tax – an area that most new businesses hate to talk about! But as you are operating an online store, you’ve...
Foreign-Derived Intangible Income (FDII) is a U.S. tax provision designed to encourage domestic corporations to maintain and utilize their intellectual property within the United States. Enacted as part of...