Solving Generation-Skipping Transfer Tax Problems
(authored by RSM US LLP) We delve into five common GST exemption allocation problems and provide suggested remedies to mitigate potential unintended consequences....
31 January, 2024
Author: Don Breckenridge
Expansion of Energy Tax Credits Under the Inflation Reduction Act
Discover how the IRA's expanded energy tax credits offer substantial incentives for a range of projects, from solar power to energy storage. Delve into the specifics of these credits and...
22 January, 2024
From Partnerships to Side Gigs, Who Really Owes Self-Employment Taxes?
Explore the impact of a recent legal shift that broadens the scope of self-employment taxes, including limited partners and gig workers. Learn how everyday activities could land you in the...
22 January, 2024
Self-Employed? Here’s How to Pick Between a SEP IRA and Solo 401(k) for Your Retirement
Explore two popular retirement plans, SEP IRA and Solo 401(k), for the self-employed in this overview, focusing on their benefits, drawbacks, and the strategic considerations for choosing between them. Learn...
22 January, 2024
What Your Accountant Needs to Prepare Your Tax Return
What does your CPA need from you? The following is a list of general information that should be gathered for your income tax returns. Tax Information Needed Individual income tax returns: ...
16 January, 2024
DOJ’s New M&A Safe Harbor Policy Could Bring Opportunities and Risks
Uncover the implications of the DOJ's new M&A safe harbor policy in our latest article. We dissect the potential risks and opportunities that could come with this change, providing vital...
08 January, 2024
IRS Announces 2024 Standard Mileage Rates
The IRS has announced the 2024 Standard Mileage Rates. Understand how these rates will affect your deductions for business, medical, moving, or charitable driving expenses. Explore this article to stay...
08 January, 2024
Don’t Miss the January 16th Deadline for Final 2023 Quarterly Estimated Tax Payments
Time is ticking towards the January 16th deadline for the final 2023 quarterly estimated tax payments. Don’t let this date slip by unnoticed!...
08 January, 2024