Nuances of Deducting Business Meal Expenses
Navigating the rules for meal expense deductions can be tricky, but understanding the 50% rule and its exceptions can help your business maximize deductions while staying compliant.
Why Updating Beneficiaries is Crucial After Life Changes
Estate planning isn’t just about creating a will—it’s about ensuring your wishes are honored. Discover why keeping your beneficiary designations current matters and how to avoid potential pitfalls in your estate plan.
Tax Season Is Coming: Here’s a Laugh Before the Madness Begins
From a couple returning their refund check out of gratitude to a man claiming his dog as a dependent, the world of taxes has its fair share of odd and entertaining stories. These humorous anecdotes highlight the creativity—and occasional missteps—of taxpayers over the years.
Unlocking Cash Flow from Tax Credits: A Hidden Advantage for Small Businesses
Cash flow is the lifeline of your business, but did you know tax credits could be the boost you need to fuel growth? Learn how to unlock powerful tax credits that keep more cash in your business and support sustainable growth.
Essential Year End Stock Strategies for Savvy Investors
As the year ends, it’s time to evaluate your stock portfolio and optimize your tax position. Whether it’s offsetting gains with losses, leveraging the 0% capital gains tax rate, or donating appreciated securities, there are many opportunities close the year strong.
Gifting with Purpose: Maximize the Impact of Your Gifts
Director of Research Nick Antonucci, CVA, CEPA, is joined by Managing Associate Jarrett McKenzie, CFP®, CWS®, and Associate Clay Norman, CFP®, to advise a couple interested in gifting money to their family members, offering efficient and beneficial ways to share their wealth.
Beware: The Dangers of Underpayment Penalties That Could Cost You Big This Tax Season
Did you know the IRS charges an 8% penalty on underpaid estimated taxes in 2024? Managing your estimated payments is critical, especially with fluctuating income or unexpected gains.
How to Prepare for Your Year-End Financial Review: A Guide for SMBs
Wrap up the year strong with a financial check-up for your business! A year-end review is more than a routine task—it’s a chance to boost profitability, improve cash flow, and set the stage for growth in the coming year.
Navigating the Tax Complexities of Hiring Household Employees
Thinking about hiring household help? From nannies to gardeners, employing household staff comes with important responsibilities—especially around payroll and taxes. Learn about worker classification, payroll requirements, tax implications, and how to stay compliant.
Close Out 2024 with These Key Financial Actions
Senior Associate Michael Griffin, CFP®, Associate Josh Weidie, CFP®, CWS®, and Tax Manager Matthew Reed, CPA/ABV, join forces to discuss key financial and tax year-end moves that investors should consider to finish 2024 on the right foot.