When can seniors deduct Medicare premiums on their tax returns?

If you’re age 65 and older and have basic Medicare insurance, you may need to pay additional premiums ...
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Valuing professional practices

There are many types of professional practices. Examples include medical, architecture, engineering, accounting, advertising, design and law. From ...
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If your family owns a vacation home, address it carefully in your estate plan

For many people, the disposition of a family home is an emotionally charged estate planning issue. And emotions ...
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Commit to continually improve your nonprofit’s accounting processes

Do your not-for-profit’s accounting processes work perfectly — with no errors, delays or other inefficiencies? If yours is ...
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Manufacturers: If available, take advantage of sales tax exemptions

Manufacturers must comply with all relevant tax laws to avoid dire consequences. While the most attention is generally ...
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Reduce the impact of the 3.8% net investment income tax

High-income taxpayers face a regular income tax rate of 35% or 37%. And they may also have to ...
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Consider the finer points of Roth 401(k) contributions

Many people are familiar with Roth IRAs. These popular retirement accounts feature tax-free withdrawals as long as certain ...
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What should you consider when choosing a guardian?

What’s arguably the most common reason people put off estate planning? It’s naming a guardian for their minor ...
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Are your nonprofit’s interim and year-end financial statements at odds?

Using the cash basis of accounting may make sense for your not-for-profit organization — at least at this ...
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5 tips for avoiding profit fade

5 tips for avoiding profit fade Profit fade can be a serious problem for construction companies. It’s not ...
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Business valuation pros can wear two hats

Business valuation pros can wear two hats In adversarial situations — such as divorces, contract breaches and shareholder ...
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Benefits of a living trust for your estate

Benefits of a living trust for your estate You may think you don’t need to make any estate ...
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