How Are Series EE Savings Bonds Taxed?
Savings bonds are purchased by many Americans, often as a way to help fund college or show their patriotism. Series EE bonds, which […]
Closing a Business Involves a Number of Tax Responsibilities
While many facets of the economy have improved this year, the rising cost of living and other economic factors have caused many businesses to close their doors. […]
Valuing a Business for a Divorce
When a marital estate includes an interest in a closely held business, determining its value for purposes of dividing up assets for a divorce settlement can be […]
Six Tax Issues to Consider If You’re Getting Divorced
Divorce entails difficult personal issues, and taxes are probably the farthest thing from your mind. However, several tax concerns may need to be […]
Watch Out for Tax Misinformation on Social Media
Social media gets blamed for a lot these days — sometimes for good reason. Recently, the IRS issued a warning to individual and […]
IRS Reminds Car Dealers to be Aware of Phishing Scams
(As appearing in IR 2024-186)
IRS reminds car dealers and sellers to be […]
If Your Business Has Co-Owners, Your Probably Need a Buy-Sell Agreement
Are you buying a business that will have one or more co-owners? Or do you already own one fitting that description? If so, consider installing a buy-sell […]
Planning Your Estate? Don’t Overlook Income Taxes
The current estate tax exemption amount ($13.61 million in 2024) has led many people to feel they no longer need to be concerned […]
Business Owners: Understanding Value is Key to Updating Your Estate Plan
Summer is a great time for business owners to review their estate plans. Maybe your kids are home for summer break, so they’re top of mind. Or […]
Be Aware of the Tax Consequences of Selling Business Property
If you’re selling property used in your trade or business, you should understand the tax implications. There are many complex rules that can potentially apply. To simplify […]
