The Role of Irrevocable Life Insurance Trusts (ILITs) in Estate Planning
© 2023Life insurance can provide peace of mind, but if your estate will be large enough that estate taxes will be a concern, it’s important to not own the policy...
© 2023Life insurance can provide peace of mind, but if your estate will be large enough that estate taxes will be a concern, it’s important to not own the policy...
Authored by RSM US LLP, December 22, 2023On Dec. 21, 2023, the IRS announced the details of an anticipated employee retention credit Voluntary Disclosure program (ERC-VDP) for employers who claimed and received an ERC...
Time is ticking towards the January 16th deadline for the final 2023 quarterly estimated tax payments. Don’t let this date slip by unnoticed!...
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...
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...
(authored by RSM US LLP) As millions prepare to file federal forms 1099, the obligation to file state equivalent returns is often overlooked....
Make your year-end giving count! Discover the best strategies for 2023 to maximize your charitable contributions and tax savings in our latest article. Dive into the specifics of smart donating...
When planning your charitable donations, it's important to maximize the tax benefits of those contributions. Given the current standard deduction amounts, donors must be strategic to realize any significant benefit...