Recent News

Is a Roth IRA Conversion Right for You?

Is a Roth IRA Conversion Right for You?

There are a few strategies that you can take and implement prior to the end of the year to increase your chances of a better financial future. Having a relationship with an accountant and a knowledgeable tax attorney can help you maximize all of these opportunities....

Use Your Annual Gift Tax Exclusions

Use Your Annual Gift Tax Exclusions

The gift tax annual exclusion amount is staying the same at $15,000 per person for 2021, which means it can be a good idea to make any planned gifts before the end of the year if you have not yet reached this maximum amount for 2020. Remember that if you are married,...

IRS Announces Priority Plans for 2021: What to Know

IRS Announces Priority Plans for 2021: What to Know

Estate planners and financial experts take notes. On November 17th the IRS released their priority guidance plan for 2020 and 2021. These are all of the projects that will be the focus of their 12 month period beginning on July 1st, 2020 through June 30th, 2021. There...

Advanced Trust Options for Estate Planning

Advanced Trust Options for Estate Planning

If you've heard of tactics, such as an intrafamily loan, a grantor retained annuity trust or an intentionally defective grantor trust, it can be helpful to discuss these and which makes the most sense for you using the support of a knowledgeable estate planning and...

How to Invest Business Profits to Decrease Tax Obligations

How to Invest Business Profits to Decrease Tax Obligations

Questions around whether to invest business profits to avoid tax obligations is a popular issue among many business owners. Understanding your full tax implications and possible tax liability is critical for any business owner regardless of their stage in the company....

Is PPP Loan Forgiveness Right for You?

Is PPP Loan Forgiveness Right for You?

Many PPP loan borrowers who took advantage of this special program earlier in the year after some of the most significant and sudden impacts of Covid-19 are being pushed towards leveraging forgiveness. However, it's important to understand all of the implications of...

Estate and Gift Tax Exemption Landscape Might Change: Act Now

Estate and Gift Tax Exemption Landscape Might Change: Act Now

Anytime there's a big election on the horizon, there's the possibility that the estate tax landscape can change. It's a big reason why plenty of our clients maintain a relationship with us over many years so our office can keep an eye on these details and let you know...

IRS Audit Triggers: What Increases Your Chances?

IRS Audit Triggers: What Increases Your Chances?

No one wants to open their mailbox and discover that the IRS is launching a formal audit against them. It can happen to anyone, but here are some clues that you’ll be more likely to get audited at some point in the future when an auditor shows an interest in your tax...

Contact Us