Wondering what a gift tax is? Strategic gift taxation planning can help to make sure that your objectives are accomplished without unnecessary complication or taxation. Knowledge is power, so we’re here to educate you on gift taxation in this two-part series, and address some frequently asked questions.
Generally speaking, the gift tax is a tax on […]
Making sure to file your taxes is important, but some people watch that deadline fly by without even noticing it. For some reason or another, they don’t file (or pay what they owe) by the deadline, and there are definitely some consequences to that. Here are some things that can happen as a result of […]
Most people do not think about starting a living will until they are in their older years, or ill. However, there are many benefits of having a living will, and you could end up regretting not taking the time to make one out. Life is unpredictable and often uncomfortable, which is enough reason for adults […]
Business owners understand stress. They manage employees, daily operations, and customers. One thing that vexes them more than anything though is filing their taxes. Filing taxes as a business owner can seem like a quarterly uphill battle . It’s important to know, however, that business taxes don’t have to be so frustrating, especially when you […]
Now that 2016 has officially arrived, the countdown to tax season is underway. Important tax documents, including W2 forms, will begin arriving in mailboxes this month and the IRS officially starts accepting returns on January 19th. To minimize stress and streamline the process, it’s important to gather your documents now and make an appointment with an experienced […]
Estate planning is an important consideration for everyone, and ignoring or mishandling these important financial matters can lead to probate woes and family drama. On the other hand, having a solid estate plan in place can go a long way in minimizing legal headaches and family heartache. This is true even for celebrities and their […]
There are many important matters addressed by a will, and this valuable legal document can provide peace of mind when planning for the future. One important consideration that you may not have thought about is nominating a personal representative to administer your estate.
Who Can Be a Personal Representative?
The judge overseeing probate proceedings will appoint a […]
One of the most feared aspects of the income taxation process is the possibility of an audit. Tax payers worry that some aspect of their return will trigger a further investigation and an avalanche of paperwork and headaches. Even when taking legitimate deductions and accurately representing your personal or business finances for the prior year, […]
December is here, and it’s commonly considered to be the Season of Giving – as well as the final opportunity to make any charitable donations to be deducted on your 2015 taxes. If you plan on making any tax-deductible donations this December, the IRS and your tax attorney want you to bear the following points […]
At this time of year, many people are taking a moment to reflect on the people and things that they are most grateful for in their lives. What is most important to you? No doubt family is at the top of your list. You may also have a special sense of pride for the things […]
