A QTIP trust provides your spouse with income for life while preserving the trust principal for your children. Learn about this option in your estate planning....
It's a good time for business owners to review some of the provisions of the Tax Cuts and Jobs Act (TCJA) that may impact their taxes for 2018 and beyond....
Inherited property is typically tax-free to the recipient, BUT this isn't the case with an asset that's considered income in respect of a decedent (IRD)....
Proper accounting for pledge receivables can be tricky, but if you don't record them right, you could have audit issues and even put your funding in jeopardy....
It's especially critical to get an early start on tax planning for 2018 because the Tax Cuts and Jobs Act (TCJA) has substantially changed the tax environment....
If your office is strewn with years' worth of tax returns, receipts, canceled checks and other records, use these retention guidelines as you clean up....
The addition of an informal advisory board can bring complementary - and valuable - skills and resources to your core board members and organization....
Blended families can create estate planning complications that may lead to challenges in the courts after your death. Learn more about how that can happen here....
Finished your 2017 tax return? Now is the perfect time to go through old tax records and see what you can discard. What should you keep and what can get tossed?...
If you're a U.S. non-citizen resident, the IRS treats you similarly to a citizen. For a nonresident alien, the tax treatment of their estate will be different....