Mar.5, 2024
Tax-wise ways to take cash from your corporation while avoiding dividend treatment
If you want to withdraw cash from your closely held corporation at a low tax cost, the easiest way is to distribute cash...
Mar.1, 2024
What Gifts Are Subject to the Gift Tax
The gift tax is an area of taxation that many taxpayers may not be aware of including the related filing requirements. T...
Feb.28, 2024
Taking your spouse on a business trip? Can you write off the costs?
A recent report shows that post-pandemic global business travel is going strong. The market reached $665.3 billion in 20...
Feb.26, 2024
Planning for Elder Care
What is it? When planning for elder care you must focus on the quality of life the older individual wants to have. Acut...
Feb.23, 2024
Get ready for the 2023 gift tax return deadline
Did you make large gifts to your children, grandchildren or others last year? If so, it’s important to determine if you’...
Feb.22, 2024
Everyone Should Check Their Withholdings
Did you or your employees get your W-2 or file your income tax return, only to notice that your federal or state income ...