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Our take on all things financial.
What’s “Quiet Quitting” and Why is Everyone Talking About It?
They say it came from TikTok. If you’ve heard or read the term “quiet quitting” recently, you might have wondered what it means and why everyone seems to be talking about it....
Deciding Whether to Make Lifetime Gifts or Bequests at Death Can Be a Deceptively Complex Question
One of your primary estate planning goals may be to pass as much of your wealth to your family as possible. That means sheltering your estate from gift and estate taxes. One way...
Cryptocurrency Donations Valued Greater Than $5,000 Require Appraisal
Robert L. Tobey, CPA, Partner SUMMARY On January 13, 2023, the IRS issued Chief Counsel Memorandum (CCM) 202302012 stating the following: If a taxpayer donates...
Is Now the Time for Your Small Business to Launch a Retirement Plan?
Many small businesses start out as “lean enterprises,” with costs kept to a minimum. This is done to lower risks and maximize cash flow. But there comes a point in the evolution...
Tax-Saving Ways to Help Pay for College — Once Your Child Starts Attending
If you have a child or grandchild in college — congratulations! There are ways to help pay for college through tax-saving. To help pay for the expenses, many parents and...
Keeping Debtors Honest with a Solvency Opinion
Are you worried your business won’t receive what a liquidating creditor owes it? In most cases, liquidating companies come by their financially distressed situations honestly....
How the New SECURE 2.0 Law May Affect Your Business
If your small business has a retirement plan, you may see changes and benefits from a new law. The Setting Every Community Up for Retirement Enhancement 2.0 Act (SECURE 2.0) was...
Employers: Don’t Overlook Legislative Changes Affecting Group Health Plans
Late last year, the Consolidated Appropriations Act, 2023 (CAA 2023) was signed into law. There's been much of the discussion about this massive spending package. It has centered...
A Single Parent’s Estate Plan Should Address Specific Circumstances
According to the Pew Research Center, nearly a quarter (23%) of U.S. children under the age of 18 live with one parent. This is more than three times the share (7%) of children...