The unified gift and estate tax exemption is set at an inflation-adjusted $12.06 million for 2022, up from $11.7 million for 2021. This means that for many … [Read more...]
A beneficiary designation or joint title can override your will
March 21, 2022 by Larry Stulen
Inattention to beneficiary designations and jointly titled assets can quickly unravel your estate plan. Suppose, for example, that your will provides for all of … [Read more...]
Benefits of Virtual CFO
March 9, 2022 by Kelly O'Farrell
Benefits of Virtual CFO Full access to a proven, experienced financial expertise Pay for what your company needs Company growth in terms of size and … [Read more...]
Should your Business Address Retirement Plan Leakage?
March 8, 2022 by Jeff Rislov
Under just about any circumstances, the word “leakage” has negative connotations. And so it follows that this indeed holds true for retirement planning as … [Read more...]
IRS Again Eases Schedules K-2 and K-3 Filing Requirements for 2021
March 8, 2022 by Mitchell Erickson
The IRS has announced additional relief for pass-through entities required to file two new tax forms — Schedules K-2 and K-3 — for the 2021 tax year. Certain … [Read more...]
5 Ways to Control your Business Insurance Costs
March 8, 2022 by Jeff Rislov
Common sense dictates that every company, no matter how small, should carry various forms of business insurance. But that doesn’t mean you should pay … [Read more...]
Clarity Counts when it Comes to Estate Planning Documents
March 8, 2022 by Jill Hedman
Precise language is critical in wills, trusts and other estate planning documents. A lack of clarity may be an invitation to litigation. An example of this is … [Read more...]
7 Key Warning Signs of Fraud
February 15, 2022 by Annette Benson
In the 2020 ACFE Report to the Nations, 85% of all fraudsters displayed at least one behavioral red flag while committing their crimes. According to the ACFE’s … [Read more...]
Donor-advised Fund: A powerful vehicle for charitable giving
February 14, 2022 by Jill Hedman
If charitable giving is important to you, consider a donor-advised fund (DAF). A DAF — typically sponsored and managed by a community foundation or commercial … [Read more...]
Approach Turnaround Acquisitions with Due Care
February 9, 2022 by David Corneil
Economic changes wrought by the COVID-19 pandemic, along with other factors, drove historic global mergers and acquisitions (M&A) activity in 2021. Experts … [Read more...]
