Comparing Trusts: Inter Vivos & Testamentary
Crafting and following an estate plan is a complex undertaking. Typically, the ultimate objective of estate planning is to distribute and transfer assets to loved ones with minimal or zero
Crafting and following an estate plan is a complex undertaking. Typically, the ultimate objective of estate planning is to distribute and transfer assets to loved ones with minimal or zero
Of course, no one likes to make a mistake. But it’s certainly true in business, where a wrong decision can cost time, money, and resources. According to a recent survey,
If your non-profit consistently faces staffing shortages, you might decide to enlist the assistance of independent contractors or freelancers to alleviate the workload. If this is the case for your
By: Patti Callaway In today’s ever-evolving business landscape, organizations must continually assess and refine their operational processes to stay competitive and compliant. One critical area that demands regular scrutiny is
The ‘kiddie tax’ is a provision that may result in a portion of a child’s unearned income being taxed at their parent’s higher marginal federal income tax rates, rather than
In today’s unpredictable markets, a company’s value can vary significantly over time. That’s why it’s crucial to pick the right date to determine how much a business is worth. Sometimes,
Are you an employer with a business where tipping is routine when providing food and beverages? If yes, you may qualify for a federal tax credit regarding the Social Security
Most employers are familiar with the U.S. Occupational Safety and Health Administration (OSHA) due to the nature of the agency’s stated mission “to ensure the safe and healthful working conditions
Companies such as homebuilders, contractors, custom manufacturers, and professional practices that work on customer-specific or long-term projects generally track job costs to gauge the profitability of each project. Which, in
By: Mike Nelson, CPA, CFE, CVA In a significant move to assist individuals, businesses, and tax-exempt organizations with outstanding tax obligations, the Internal Revenue Service (IRS) has announced new penalty