Part of our job as advisors is explaining important issues in the simplest possible terms and laying out possible strategies and solutions. We’re not looking to confuse you—we’re here to enlighten you and expand your understanding. Bookmark this page or subscribe to our weekly newsletter for a steady stream of helpful articles.
Laws governing the execution of a valid will vary by state, but they generally require specific formalities. For example, a will typically must be signed by the person making it,
Remote work can broaden your job options and make day-to-day life more flexible. However, working from a different state than your employer, or spending part of the year working from
Business property costs can create valuable tax deduction opportunities, but the classification matters. Ordinary repair and maintenance costs are generally deductible in the year they are paid or incurred, depending
When a business is acquired, its customers don’t automatically transfer their loyalty to the buyer. Customers may have questions about future pricing, service, product quality, and whether the new owner
Restructuring can help certain non-profits reduce costs, combine resources, change legal forms, or move to another state. For some domestic organizations recognized as tax-exempt under Section 501(c), IRS guidance allows
Natural disasters can disrupt business operations with little warning. If your organization does not already have one, a formal disaster response plan can help you protect employees, customers, facilities, and
Deferred taxes are often one of the more misunderstood areas of financial reporting. In general, deferred tax assets and liabilities reflect temporary differences between when income, expenses, assets, or liabilities
Sponsoring a retirement plan can help employers attract and retain talent, but it also comes with important responsibilities and retirement plan fiduciary risk. Under the Employee Retirement Income Security Act
Trusts can play an important role in an estate plan. They may help manage assets during your lifetime, guide how property passes to beneficiaries after death, and address family or
High sales do not always translate into healthy profits. A popular product could produce disappointing returns after you account for discounts, shipping, returns, and support costs. At the same time,
Adding employees can help your non-profit expand programs, strengthen services, and reduce pressure on an overstretched team. However, hiring is a significant financial and operational commitment. Before recruiting, take a
Tax-Smart Planning for Investment Real Estate Owners Real estate can play an important role in a broader investment strategy. For many individuals, rental property ownership may help diversify their portfolio,
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