Business Entities: C Corporation
The C corporation business structure has its strengths and weaknesses. We explore them in this week’s Business Tip.
Beware of Draconian Penalties for Health Reimbursement Plans
As a business owner, do you offer employees a health reimbursement plan? Beware of what this option may cost you. We explain in this week’s Tax Tip.
Partnership, S-Corp and Trust Extensions End September 15
The September 15th tax deadline for Partnerships, S-corps and Trust extensions is right around the corner! We explain in this week’s Tax Tip.
Taxes, Retirement and Timing Social Security
Sometimes it makes sense to take taxable distributions from retirement plans while deferring Social Security benefits. We explain in this week’s Financial Tip.
Three Tax Planning Concepts
No one wants to pay any more taxes than required. We explain three planning tips to reduce your tax burden in this week’s Tax Tip.
Tax Advantages When Paying for a Higher Education
Our experts discuss a case study of a family looking to make the most out of their 529 Plan assets and the available tax breaks for higher education.
Preventing Tax Problems When Employees Travel
Following the tax rules for business travel makes deductions and reimbursements easier for all taxpayers involved. Learn more in this Business Tip.
Plan for the Potential IRA-to-Charity Provision Extension
Even if Congress doesn’t extend the IRA-to-charity provision, it’s still advantageous to direct your RMD to charity. We explain in this week’s Tax Tip.
Income Splitting and Income Shifting: Tax Planning for the Self-Employed
Self-employed individuals have unique opportunities to lower their taxes through income splitting and shifting. We explain in this week’s Business Tip.
Tax Implications of Reverse Mortgages
Is reverse mortgage interest tax deductible and who can take the deduction? Find out in this week’s Tax Tip.