Read About - Understanding the Buy, Borrow, Die Tax Planning StrategyOctober 20, 2022
At a Glance
Main Takeaway
Many people interested in building personal and generational wealth follow the buy, borrow, die tax planning strategy to reduce tax liability on their assets
Read More »
Read About - Common Accounts Payable Processing ChallengesOctober 18, 2022
At a Glance
Main Takeaway
Every business must handle accounts payable processing tasks efficiently to maintain operations and stable cash flow
Read More »
Read About - New Estate Tax Portability Election ReliefSeptember 12, 2022
At a Glance
Main Takeaway
A new IRS provision passed in July 2022 extends an estate's time to elect the portability of a deceased spouse's unused exclusion amount (DSUE)
Read More »
Read About - 5 Questions for Your Accountant to Achieve Small Business GrowthSeptember 7, 2022
At a Glance
Main Takeaway
Your goal as a private business owner is to run a profitable operation
Read More »
Read About - Biden Signs Inflation Reduction Act: What are the Tax Implications?August 16, 2022
At a Glance
Main Takeaway
On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (the Act) (H.R
Read More »
Read About - Congress Considering Updates to Opportunity Zone RegulationsAugust 10, 2022
At a Glance
Main Takeaway
Recently, representatives introduced a new bill that aims to update current Qualified Opportunity Zone (QOZ) legislation
Read More »
Read About - The Inflation Reduction Act of 2022 Passes in the SenateAugust 4, 2022
On July 28, the House of Representatives passed the CHIPS and Science Act of 2022 (H.R
Read More »
Read About - IRS Delivers More Options to Amend Returns ElectronicallyAugust 4, 2022
At a Glance
Main Takeaway
Last month, the IRS streamlined the tax return process by increasing the number of tax forms taxpayers can amend electronically
Read More »