by Eric Landro | Mar 2, 2023 | Uncategorized
Once upon a time, life insurance played a much larger part in an estate plan than it does now. Why? Families would use life insurance payouts to pay estate taxes. But with the federal gift and estate tax exemption at $12.92 million for 2023, far fewer families...
by Eric Landro | Mar 1, 2023 | Uncategorized
You might assume a salaried employee making $200,000 annually isn’t ineligible for overtime pay. However, the recent U.S. Supreme Court case of Helix Energy Solutions Group, Inc. v. Hewitt says otherwise. If eligible, overtime still applies to salaried...
by Eric Landro | Feb 28, 2023 | Uncategorized
You generally must pay federal tax on all income you receive but there are some exceptions when you can exclude it. For example, compensatory awards and judgments for “personal physical injuries or physical sickness” are free from federal income tax under the tax...
by Eric Landro | Feb 27, 2023 | Uncategorized
If customers report fraud or suspicious charges on their accounts, you can turn that fraud dispute into a loyalty-building opportunity. Handle these disputes efficiently, because you can regain — and even strengthen — customer loyalty. Alternatively, you may...
by Eric Landro | Feb 27, 2023 | Uncategorized
Buying or replacing a vehicle that you’ll use in your business? A heavy SUV may provide a more generous tax break this year than a smaller vehicle. This is due to smaller business car depreciation for tax purposes. Depreciation rules Business cars are subject to more...
Recent Comments