Many people do not have to worry about heirs paying taxes on their estate. This is because the federal exemption amount is currently $13.61 million, meaning that your estate must be valued above that for any estate taxes to apply…. Read More
Mid-Year Tax Planning
Most taxpayers think about taxes twice a year: in December, the last month of the year to make certain tax moves; and in April, when tax returns are due. In this article, we discuss some things you can do partway… Read More
One Downside of Doing What You Love
One of my best friends loves to bake cakes; she posts pictures of her cakes on Instagram and sells her cakes to anyone who would like a custom cake, which for now is mostly family members and friends of friends…. Read More
Tax Returns: What to Know BEFORE You Sign
Unfortunately (or fortunately), we’re not all tax specialists. Despite this, ultimately the responsibility for attesting to the accuracy of a tax return rests with the taxpayer, not the tax-preparer. This article outlines some key items to review before signing off… Read More