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As a small business owner, we know that you do your best to keep costs to a minimum. One way to save money that many business owners overlook is tax deductions. Tax deductions that sole proprietors, partnerships, and...
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Throughout the stages of life, there are many major events that can cause a major financial change. In addition to altering your personal bank accounts, some life events can have a significant impact on how you file taxes....
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Gifting property can be a way for one person to shift paying tax on gain, but this does not mean that the gain escapes tax free. Under § 1015, a donor may transfer property to a donee, and...
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The Internal Revenue Code and Treasury Regulations are long and complex.  Many of these laws apply to and impact your 1040 individual income tax return and must be taken into account when planning for future individual decisions.  In...
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There are many issues to consider when forming a trust through your estate planning. A couple of the more common issues being the trustee of the trust and creditor protection to the beneficiary of a trust are discussed...
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