Tax Treatment of Home Energy Rebates
Many states have applied for or have received optional early funding to jumpstart their home energy rebate programs. Rebates are expected to be available in some states starting in 2024.
Unlocking Financial Relief: How Medicaid Waiver Payments Offer Tax Benefits and Tax Free Income
Dive into the complexities of Medicaid waiver payments, a crucial lifeline for caregivers in the U.S. Learn about their tax implications, relationship with the Earned Income Tax Credit (EITC), and proper reporting methods. Maximize your benefits and ensure compliance with IRS guidelines.
Understanding the Tax Implications of Inheriting or Receiving a Home as a Gift
Inheriting vs. Gifting: What’s the better tax move for a home? Discover the tax implications and key considerations when deciding whether to receive a home as a gift or as an inheritance.
From IRA to Roth: Strategic Conversions for Tax-Efficient Retirement
Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Managing Associate K.C. Smith, CFP®, CEPA, and Senior Associate Logan Daniel, CFP®, CRPC®, to discuss a strategy for retirees allowing them to generate tax-free income from their Roth IRA.
Payroll Management: A Complete Guide for SMBs
Struggling with payroll taxes? Our guide will help you navigate the complexities of tax compliance and avoid the pitfalls that can lead to IRS trouble. Stay informed and protect your business!
Installment Sale – A Useful Tool to Minimize Taxes
Thinking of selling a property you’ve owned for a while? Learn how an installment sale could help you manage capital gains taxes and the 3.8% surtax on net investment income.
Freshen Your Finances: 10 QuickBooks Spring Cleaning Tips
Spring is here, and it’s not just your home that needs cleaning! Your financial records in QuickBooks could use some tidying too. Check out these tips to freshen up your finances for the new season.
Hidden Heroes of Tax Season: How A Financial Adviser Can Help
Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Senior Associate Michael Griffin, CFP®, and Associate Giuliana Barbagelata, CFP®, to highlight some of the financial questions and moves investors often have after tax season.
Biden’s Tax Agenda
President Biden’s proposed tax agenda for 2025 aims to increase taxes on the wealthy, including raising the capital gains tax rate for those earning over $1 million to 39.6%. The plan also includes a 5% Medicare tax for earnings above $400,000 and a 25% minimum tax rate on income of families worth $100 million or more.
Securing Your Business’s Future: Mastering Succession Planning
Secure the future of your business with effective succession planning. From identifying successors to strategic planning, learn how to ensure your enterprise thrives even after you’ve stepped away.