When can you deduct business meals and entertainment?
You’re not alone if you’re confused about the federal tax treatment of business-related meal and entertainment expenses. The rules have […]
Unlock your child’s potential by investing in a 529 plan
If you have a child or grandchild planning to attend college, you’ve probably heard about qualified tuition programs, also known […]
The amount you and your employees can save for retirement is going up slightly in 2025
How much can you and your employees contribute to your 401(k)s or other retirement plans next year? In Notice 2024-80, […]
Can homeowners deduct seller-paid points as the real estate market improves?
The recent drop in interest rates has created a buzz in the real estate market. Potential homebuyers may now have […]
Is your money-losing activity a hobby or a business?
Let’s say you have an unincorporated sideline activity that you consider a business. Perhaps you offer photography services, create custom […]
How your business can prepare for and respond to an IRS audit
The IRS has been increasing its audit efforts, focusing on large businesses and high-income individuals. By 2026, it plans to […]
Turnaround acquisitions are risky growth opportunities for today’s companies
When it comes to growth, businesses have two broad options. First, there’s organic growth — that is, progress made through […]
Should a married couple use a joint trust or separate trusts?
There are many benefits of including a revocable trust in your estate plan. This trust type allows you to minimize […]
Taking the mystery out of the probate process
Few estate planning subjects are as misunderstood as probate. Its biggest downside, and the one that grabs the most attention, […]