Our Company News
Tax Gap Projections and Increased IRS Enforcement
Episode 261 – The IRS will be increasing tax enforcement action on high-income and high-net-worth individuals, and business owners. Prepare now. Continue Reading Tax Gap Projections and Increased IRS Enforcement
Avoiding a Fake Charity
Episode 260 – This being the holiday season, many of us have turned some of our attention to charitable gifts. The IRS has recently published some guidelines to help spot the difference between a real and a fake charity. Continue Reading Avoiding a Fake Charity
IRS Again Delays New Reporting for Gig Workers and Independent Contractors
Episode 259 – The IRS further delays implementation of the rules related to the issuance of Form 1099-Ks to gig workers and independent contractors. Continue Reading IRS Again Delays New Reporting for Gig Workers and Independent Contractors
Disinheriting Adult Children for Their Political Beliefs Revisited
Episode 258 – We’ve all heard stories of Thanksgiving dinners gone terribly wrong. The food is great, the mood is good, and everyone is happy to see each other. But it all goes terribly wrong when politics enters the room. Continue Reading Disinheriting Adult Children for Their Political Beliefs Revisited
What Does Life Insurance Have to Do With Divorce Revisited
Episode 257 – What does life insurance have to do with divorce? Life insurance and divorce intersect in several ways. Continue Reading What Does Life Insurance Have to Do With Divorce Revisited
No Section 165 Loss Deduction for Bitcoin
Episode 256 – Cryptocurrency can be a very volatile asset. If the cryptocurrency falls significantly in value, that loss may not be entitled to a Section 165 loss deduction on the investor’s income tax return. Continue Reading No Section 165 Loss Deduction for Bitcoin
Massachusetts and Other States’ Estate Taxes
Episode 255 – Massachusetts is one of twelve states with a state estate tax. Even though it just raised its state estate tax exemption amount from $1 million to $2 million, you don’t have to be ultra-wealthy to be subject to estate taxes, so plan now. Continue Reading Massachusetts and Other States’ Estate Taxes
Are Millennials Better Prepared for Retirement Than Baby Boomers and Generation X?
Episode 254 – Which generation—baby boomers, gen X or millennials—is better prepared for retirement? The answer may surprise you. Continue Reading Are Millennials Better Prepared for Retirement Than Baby Boomers and Generation X?