Two Estate Planning Strategies to Help Protect Wealth

The Supreme Court’s ruling in Moore v. United States could reshape Congress’ authorization to tax income.

The Internal Revenue Service (IRS) has established guidelines concerning the withdrawal of an Employee Retention Credit (ERC) claim for those employers who now believe they may not qualify. These guidelines, detailed on the IRS’s official website, outline the necessary steps a taxpayer must take to withdraw a claim for the ERC, under certain conditions.

On September 14, 2023, the IRS made two major press releases regarding the Employee Retention Credit (ERC). This article summarizes significant points from those releases.

The IRS has temporarily halted processing of employee retention credit claims and will provide additional guidance for businesses.

For any business, understanding and effectively managing the cost of customer acquisition is crucial for success. In this video, we’ll explain what it is, how it’s calculated, and how it affects a business’s profitability, cash flow, and overall growth.

The Internal Revenue Service (IRS) has recently released guidance on Roth catch-up contributions under SECURE 2.0 Act. This guidance, outlined in Notice 2023-62, provides important information for individuals who are age 50 or older and participating in a retirement plan that allows deferral contributions.

New requirements effective January 1, 2024 mandate electronic filing of Form 8300 to report $10,000 cash transactions

This edition was updated to add new guidance on loan modifications, reflect the adoption of the CECL and leases standards, and more.

After selling a business, it is crucial to update your estate plan to align with your new financial situation. This article provides and overview of common strategies to consider.

This article discusses estate planning and tax considerations after the sale of a business interest or other liquidity event, including common strategies to reduce estate tax and meet charitable giving goals.