Naming a trustee may be one of the most important decisions of your life

Naming a trustee may be one of the most important decisions of your life When it comes to estate planning, trusts are appealing for many reasons. They can enable you to hold and transfer assets for beneficiaries, avoid probate and…

2020 & 2019 IRS Rates and Limitations Schedule

2020 and 2019 IRS Rates and Limitations Schedule In this post you will find answers to frequently requested IRS rates and limitations such as the retirement contribution limits, auto mileage rates and many others. Please contact us if you have…

New law helps businesses make their employees’ retirement secure

New law helps businesses make their employees’ retirement secure A significant law was recently passed that adds tax breaks and makes changes to employer-provided retirement plans. If your small business has a current plan for employees or if you’re thinking…

4 new law changes that may affect your retirement plan

4 new law changes that may affect your retirement plan If you save for retirement with an IRA or other plan, you’ll be interested to know that Congress recently passed a law that makes significant modifications to these accounts. The…

Sec. 6166: Estate tax relief for family businesses

Sec. 6166: Estate tax relief for family businesses Fewer people currently are subject to transfer taxes than ever before. But gift, estate and generation-skipping transfer (GST) taxes continue to place a burden on families with significant amounts of wealth tied…

2020 Q1 tax calendar: Key deadlines for businesses and other employers

2020 Q1 tax calendar: Key deadlines for businesses and other employers Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2020. Keep in mind that this list isn’t all-inclusive, so there…

3 pitfalls to avoid when naming a beneficiary of a life insurance policy

3 pitfalls to avoid when naming a beneficiary of a life insurance policy Life insurance can be a powerful financial and estate planning tool, but its benefits can be reduced or even eliminated if you designate the wrong beneficiary or…