Recent News

EIDL Increases: What Businesses Should Know

The SBA recently announced an increase in funding available under the Economic Injury Disaster Loan Program, but making the decision about whether or not this is the right call for your business can be a difficult one. As of April 6, 2021 the loan limit for Covid-19...

What You Need to Know About the $3000 Child Tax Credits

What You Need to Know About the $3000 Child Tax Credits

The new presidential administration is calling for sweeping changes in tax reform which should prompt you to schedule a meeting with your tax professional to adjust your personal and/or business strategies. Possible changes to the Child Tax Credit are coming, so you...

Does Your Tax Picture Look Different in 2021?

Does Your Tax Picture Look Different in 2021?

There's already been a substantial push for updates to taxes and legislation in general in Washington, although the full picture of how this will unfold remains to be seen. Filing your taxes, however, in 2021 might look very different based on inflation adjustments...

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....

Contact Us