Rewarding employees at the end of the year can brighten up their holidays and set the stage for your company to enjoy a good start to 2019. Some forethought and careful communications can avoid problems. A key first step is […]

Most people realize the importance of a will to help direct the transfer of assets after death, but during your lifetime, you also may also want to have a power of attorney (POA) for convenience and asset protection. Before we […]

Under the Tax Cuts and Jobs Act of 2017 (TCJA), equipment expensing permitted by Section 179 of the tax code was expanded. In 2018, your business can take a first-year deduction of up to $1 million worth of equipment purchases. […]

The Tax Cuts and Jobs Act of 2017 was passed at the end of last year, and generally took effect in 2018. One feature of this legislation is an almost doubling of the standard deduction for most tax payers. Because […]

Since rising rates tend to depress bond prices, the threat of rising interest rates may worry fixed income investors. Investors with this concern may want to consider constructing a bond ladder to hedge against this risk.

If your company makes sales to out-of-state buyers, do you need to collect state sales tax? Until recently, Supreme Court decisions from the 20th century said that would not necessarily be the case. Companies were not required to collect state […]

Many people think of life insurance as a product for family protection. The life of one or two breadwinners is insured; in case of an untimely death, the insurance payout can help with raising children and maintaining the current lifestyle.

Taxpayers who itemize deductions on Schedule A of their tax return have in the past been able to deduct outlays for state and local income tax as well as property tax with no upper limit. (State and local sales tax […]

You probably know the G.I. Bill as a program designed to help military veterans receive college educations after they left the armed forces following World War II. What you may not know is that the G.I. Bill has endured, in […]

For many years, 529 college savings plans have offered a tax-favored way to save for higher education. These plans, officially called “qualified tuition programs,” take their nickname from the section of the Internal Revenue Code that authorizes them.