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...
© 2023When a parent enters a nursing home, taxes are probably the last thing on anyone’s mind. But it’s important to know that several tax breaks may be available to...
© 2023Businesses may be familiar with the rule that permits them to deduct employee bonuses this year if they pay them to employees within 2½ months after the end of...
View the 2023-24 Tax Planning Web GuideNavigating the ever-evolving landscape of tax law is essential for maximizing available benefits. To take advantage of all available breaks, you must first be...
(authored by RSM US LLP) This roundup of developments in the tax accounting methods and periods realm covers rulings and advice regarding cost recovery and losses....
(authored by RSM US LLP) Pass-through entity elections are creating tax planning complexity. This article explains what you need to know and what you should do next....
If you employ a household employee of any kind — which may include nannies, babysitters, housekeepers, cooks, gardeners, health care workers, and other employees — it’s important to understand your...
Authored by: W. Dale Westenskow, CPA, Haynie & Company Partner Is It Time For A Roth Conversion? It looks like the wealthy are on track for a tax increase under President Joe...