Secular Trusts and Annuities
A secular trust can provide assurance that your nonqualified deferred compensation plan benefits will not be at risk. We explain in this week’s Business Tip.
What to Do if You Receive a Dreaded IRS Letter
April 15th may be long gone, but the IRS is still sending out audit letters. We explain what you need to do if you receive one in this week’s Tax Tip.
Excess Benefit Plans
Excess benefit plans allow employees who participate in a qualified plan to exceed the contribution limitations. Learn how in this Business Tip.
Do You Need a Mid-Year Tax Checkup?
So many life events provide tax-planning opportunities. See if you need tax help in this week’s Tax Tip.
Life Insurance Evaluation: Interest-Adjusted Cost Methods
Comparing similar life insurance policies? Consider trying the cost index method and the surrender cost index method. Read all about it in this week’s Financial Tip.
A Beginner’s Guide to C Corporation Distributions
Receiving money from a C corporation? The method used to make the distribution determines your tax consequences. Learn more in this Business Tip.
Deferred Compensation: Substantial Risk of Forfeiture
Have deferred compensation? Do you know when it is subject to income tax? Find out in this week’s Tax Tip.
Life Insurance Needs: Income Replacement Approach
The income replacement approach assumes the goal of life insurance is to replace the lost earnings of a breadwinner. Read more in this week’s Financial Tip.
Converting from S Corporation to C Corporation
Although an S Corporation has many advantages, shareholders may wish to convert the corporation into a C corporation in certain situations. We explain what they are in this week’s Business Tip.
Tax Consequences of Selling Interest in Business
Your tax consequences for selling an interest in a business depend on the type of business entity. Read more in this Business Tip.