Many people think that when you talk about an Estate Plan, that means you have a large estate subject potentially to federal estate taxation.
2019 Year-End Tax Planning Letter
Year-end tax planning in 2019 remains as complicated as ever. Notably, we are still coping with the massive changes included in the biggest tax law in decades—the Tax Cuts and Jobs Act (TCJA) of 2017—and pinpointing the optimal strategies. This monumental tax legislation includes a myriad of provisions affecting a wide range of individual and business taxpayers.
5 Things To Consider Before Selling Your Business
Based on the studies that we are seeing, approximately 40% of the wealth in this country will transition from the baby boomers to the next generation. By and large, most of these individuals are ill-prepared to transfer this wealth either because they have done no planning to do so, or it is very difficult to transfer it.