Who’s in your family?

Comments Off on Who’s in your family?

“Family,” can sometimes be a tricky word. It means different things to different people. Families do not have only one form; they take all kinds of shapes, sizes, and configurations – nuclear, blended, and convoluted, and in the case of the majority of our clients, they have businesses (which can become part of their definition […]

Read the rest

Tax Increase Prevention Act of 2014

Comments Off on Tax Increase Prevention Act of 2014

Source: Tax Legislation > 113th Congress (2013-2014) > Proposed > Tax Increase Prevention Act of 2014 (H.R. 5771)  > Practice Tools > Client Letter: Tax Increase Prevention Act of 2014   Tax Increase Prevention Act of 2014  Congress has extended many popular tax provisions that significantly impact individuals and businesses. Late on December 16, 2014, […]

Read the rest

Kick your 2014 Tax Strategies into Gear

Comments Off on Kick your 2014 Tax Strategies into Gear

You may be able to save money on your 2014 taxes by making a few well-timed moves by Dec. 31. Here are five areas to examine with your tax advisor before the end of the calendar year: 1. Deductible expenses. If your adjusted gross income (AGI) exceeds a certain level, the amount of your itemized […]

Read the rest

Restricted stock and RSU’s

Comments Off on Restricted stock and RSU’s

Choosing a compensation tool Stock options have long been a “carrot” for attracting, motivating and retaining executives. But other incentives — notably restricted stock and restricted stock units (RSU’s) — have gained popularity in recent years. With restricted stock, the company awards executives nontransferable shares up front, and those shares are forfeitable until they have […]

Read the rest

HSA as a Retirement Savings Tool

Comments Off on HSA as a Retirement Savings Tool

There is a wide range of plans to help save for retirement. But one type of plan is ideally suited to serve a dual purpose: a Health Savings Account (HSA). A tax strategy HSA’s were created in 2003 primarily as a tax-advantaged strategy for those covered by high-deductible health plans to save money for medical […]

Read the rest

Ready, Set, Sell Your Business

Comments Off on Ready, Set, Sell Your Business

What will buyers look at when it’s time to sell?   After working for many years to grow your business, you may have reached the point where you’re thinking about selling. Maybe retirement is on the horizon and you’re counting on proceeds from the sale of your company to help support you. Eyes wide open Your […]

Read the rest

Affordable Care Act Seminar

Comments Off on Affordable Care Act Seminar

Health Care Reform is the nation’s hot topic, but also one of the most confusing. Organizations must decide whether to continue offering benefits or not. This session will help you better understand the impact of the “Affordable Care Act” on businesses and individuals, so you can make the most of everything you’ve got, including health care. It’s time […]

Read the rest

Refinancing and Tax Impact

Comments Off on Refinancing and Tax Impact

With mortgage rates still relatively low across most of the country, many homeowners are continuing to refinance their mortgages. If you’re planning to join their ranks, you’ll want to first look closely at the tax impact of such a move. Here are some tips to help you avoid having a tax bite cancel out the potential […]

Read the rest

Structuring for Success: Employee Bonus Plans

Comments Off on Structuring for Success: Employee Bonus Plans

Many companies today are creating bonus and incentive compensation plans to reward hard-working employees for jobs well done. Such plans can be a win-win: Employees receive a tangible reward for exceptional performance, and businesses reap the benefits of high achievements. However, creating an employee bonus plan without carefully thinking through what you want to accomplish can […]

Read the rest

Affordable Care Act pose tax planning challenges

Comments Off on Affordable Care Act pose tax planning challenges

Key provisions of the Affordable Care Act (ACA) have changed several times since late last year. Most notable was the delay in the employer mandate until Jan. 1, 2015, giving “large” businesses an extra year to plan for how they’ll meet the law’s requirements. But one important component of the law that hasn’t changed will affect […]

Read the rest