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Start Planning Now For Year-End Gifts With The Gift Tax Annual Exclusion

Labor Day has passed, and the holidays will be here soon. It’s a time when many people consider gifting cash or stocks to their loved ones. By strategically using the

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Update: The 2023 Inflation-Adjusted Tax Rules For Depreciating Business Assets

The Tax Cuts and Jobs Act introduced more lenient regulations for depreciating business assets. However, the amounts change each year due to inflation adjustments, and due to high inflation, the

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Employers Struggle With Post-Pandemic Return-To-Office Programs

The initial year of the pandemic had many people speculating about the long-term consequences created by a significant portion of the workforce operating remotely. Fast forward to now where we’re

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The Three Components Of A Comprehensive Financial Statement

Financial statements help to ensure transparency and accountability and provide investors and stakeholders with information about an organization’s financial performance. However, they also can be used internally by management to

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The Power of Portability In Estate Planning For Married Couples

Portability is a valuable strategy for reducing federal gift and estate taxes, which enables a surviving spouse to use the unused portion of their deceased spouse’s gift and estate tax

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Commit To Fundraising Year-Round

If most of your non-profit’s fundraising energy is focused on the holiday season and year end, it makes sense given that 26% of charitable giving to non-profits happens in December,

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Review Your Marketing Strategy As Summer Comes To An End

As the end of summer nears, organizational leaders should consider reviewing the overall marketing strategy they’ve completed so far this year. How’s it doing? If it’s not going well, there’s

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IRS Announces Roth Rule Delay: Relief for Retirement Savers

On August 25, the IRS unveiled a two-year postponement for the enforcement of SECURE 2.0’s mandatory Roth catch-up rule. This welcomed announcement delivers a sense of reprieve for individuals and

Know The Tax Rules When Selling Your Home For A Big Profit

Home values have increase in recent years for many homeowners across the country. In fact, the median price of existing homes sold in July of 2023 rose 1.9% over July

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Protect Your Small Business Against Money Laundering

When criminals profit from unlawful activities, they usually need to conceal or “clean” their proceeds. The purpose of money laundering is to disconnect the illegally acquired funds from illicit sources