Inherit Property? The Fair Market Value Basis Rules Apr 20, 2023A common question for people planning their estates or inheriting property is: For tax... read more
Tax Planning Ideas for Individuals’ Year-End Sep 29, 2022Now that fall is officially here, it’s a good time to start taking steps that may lower... read more
Time to Save Income Taxes on Your Estate Plan Jun 16, 2022As a result of the current estate tax exemption amount ($12.06 million in 2022), many... read more
Inheriting Money? What to Know About IRD Mar 16, 2022Once a relatively obscure concept, “income in respect of a decedent” (IRD) may create a... read more
3 Ideas to Help Cut Your Tax Bill Before Year-End Dec 8, 2021If you’re starting to worry about your 2021 tax bill, there’s good news — you may still... read more
Are You Planning Your Estate or Have Inherited Assets? Jul 22, 2021If you’re planning your estate, or you’ve recently inherited assets, you may be unsure... read more
4 Potential Tax Issues if You’re Retiring Soon Jun 17, 2021If you’re retiring soon, you’ll experience changes in your lifestyle and income sources... read more
More COVID-19 Relief Announced by IRS Apr 14, 2020In the midst of the coronavirus (COVID-19) pandemic, Americans are focusing on their... read more
The New COVID-19 Law Provides Businesses with More Relief Mar 31, 2020On March 27, President Trump signed into law another coronavirus (COVID-19) law, which... read more
Individuals Get Coronavirus (COVID-19) Tax and Other Relief Mar 24, 2020Taxpayers now have more time to file their tax returns and pay any tax owed because of... read more