Don’t Make These Tax Season Mistakes if You Have High Net Worth

25-Mar-2020

High-net-worth individuals should work with tax advisors during tax season.

Nobody wants to make a mistake on their taxes that could lead to a lower refund or cause them to owe money, but the potential risk can be heightened for those with high net worth. ...

Understanding the Tax Ramifications of Business Owner Compensation

06-Mar-2020

What types of compensation are deductible for businesses can be confusing. Here are some guidelines.

Businesses that claim tax deductions for wages and salaries — as well as commissions, bonuses, and other compensation to employees — are well within IRS tax laws. However, it ...

One-Two Punches to Conservation Easements (Part 1 of 2)

11-Feb-2020

One-Two Punches to Conservation Easements

Two recent tax court decisions highlight the need for compliance-oriented planning in taxation matters. These two cases illustrate that small details make all the difference — of ...

How Highly Compensated Individuals Can Avoid Excess IRS Scrutiny

07-Feb-2020

Avoiding IRS scrutiny for highly compensated individuals means understanding tax laws

If you are what the IRS considers a highly compensated employee (HCE) at your job, it’s important to understand what that means and how it can impact your finances, as well as ho ...

What You Should Know About Estate Tax Changes

28-Jan-2020

If you haven’t reviewed your estate plan recently, now is the time to talk to a tax advisor.

Estate plans have long been an essential vehicle for keeping federal estate taxes low, but recent changes to tax laws surrounding estate plans make now a great time to review your ...