Accounting | Consulting | Tax
Tax Checklist for Closing Your Business
If you’ve decided to close a business, it’s important to take care of your Federal tax obligations. Company owners can mistakenly think that because the…
Passing the Torch Without Burning Bridges: Avoiding Wealth Transfer Pitfalls
The greatest wealth transfer in history is underway, marking a pivotal moment for families at the crossroads of legacy and the future. Yet, passing on…
Limited Partnerships: A Smart Choice for Your New Business Endeavor
Control Meets Collaboration with a Strategic Advantage for Entrepreneurs and Investors When starting a new business venture, choosing the right structure is a decision that…
Accounting | Consulting | Tax
Every Business Owner Needs an Exit Strategy: Navigating Succession Planning
As a business owner, your journey doesn’t just involve launching and growing your enterprise; it also includes planning for the day when you will step…
The Financial Foundations of a Thriving Cannabis Business
Navigating the ever-expanding cannabis industry can be as exhilarating as it is challenging. Whether you’re just stepping into this world as a new licensee or…
Innovative Giving: Exploring the Flexibility of Donor-Advised Funds
Secure Your Tax Benefit Now and Guide Charitable Efforts Tomorrow Making a large charitable donation can be both a generous gesture and a strategic financial…
Secure Your Tomorrow: How IRAs Can Shape Your Retirement
Mapping out your financial future is a necessity, and it’s important to make it a priority now. Without proper planning, the path to retirement can…
Life Insurance Benefits: How to Avoid Estate Taxes
For many, life insurance is a practical safeguard, promising to support loved ones in the event of untimely passing. However, the complexities of estate tax…
Passing Down the Family Home: A Tax-Savvy Approach with QPRT
The family home, often steeped in memories, is more than just a piece of real estate. So when the time comes to pass it down…
Litigation Support Accounting: Unraveling the Complexities of Financial Disputes
Every legal battle is fraught with complexities, and when money enters the fray, things can get even murkier. It’s in these scenarios that litigation support…
Tax Saving Strategies for Nature Lovers: Conservation Easements and You
Interested in helping to conserve land for public use or preserve an historic structure from real property that you own? If you feel a deep…
529 Plans Unveiled: Your Path to Tax-Free Education Savings
When it comes to securing a quality education, the costs can sometimes feel overwhelming. That’s where 529 plans shine as beacons of financial relief. These…
Accounting | Cannabis | Consulting | Tax
Missouri Marijuana 2023 Tax Update: Rays of Hope
In a significant development for the cannabis industry, licensed marijuana businesses in Missouri are now permitted to bypass 280E for state tax filings. This new…
Unmasking Sham Trusts: A Closer Look at Tax Evasion Dangers
Estate planning and tax optimization go hand in hand, enabling individuals to secure their financial future while minimizing tax liabilities. Amidst the realm of legitimate…
Valuation Demystified: Navigating Finance with Expert Insights
Valuation is a crucial aspect of finance and investment, providing insights into the worth of a business or an asset. In the world of finance,…
Smart Estate Planning: Utilize a Life Insurance Trust to Reduce Tax Burden
Estate taxes can quickly erode the value of even a modest estate, leaving your beneficiaries with a fraction of what you intended to pass on….
Accounting | Consulting | Tax
Secure Your Financial Future: Recommendations for Disaster-Proofing Your Finances
Natural disasters can wreak havoc on your life and finances. With mudslides, landslides, severe storms, and tornadoes already happening this year, it’s important to be…
Navigating Divorce: The Value of a Financial Expert in Marital Dissolution
Marital dissolution, or divorce, can be a complicated and emotional process that can impact both parties involved, their children, and their finances. A financial expert…
Budgeting Made Easy: How to Transform Your Financial Life Today
Do you ever find yourself wondering why you can’t seem to get ahead financially? Are you tired of living paycheck to paycheck and never being…
Cannabis | Consulting | Tax
What to Expect During IRS Cannabis Audits
Cannabis Audit Procedures Revealed in Confidential IRS Document It’s been documented that the IRS looks closely at cannabis businesses. We’ll take a look at the…
Are Your Social Security Benefits Taxed?
Social security income is taxed differently than the income you may have earned during your career. Whether you pay income tax on social security depends…
Accounting | Consulting | Tax
Installment Sales: Defer Taxes, Attract Buyers
With escalating prices and the era of COVID-19, Installment sales may be a good way to attract buyers even if they don’t the ability to…
Buy-Sell Agreements: Exit Strategy for Small Businesses
As a business owner, you’re often caught up in the daily motion of running your business. It’s easy to let important, but non-urgent aspects of…
ESOP Tax Benefits: 2022 Contribution Limits and More
What is an ESOP? An Employee Stock Ownership Plan (ESOP) is an employee benefit plan that enables employees to have ownership interest in the company….