Courts have ruled that some nonprofits' otherwise exempt activities are substantially the same as those of commercial entities and revoked their 501(c) status....
What if you become incapacitated and unable to make medical or financial decisions on your own? How a nonspringing power of attorney provide may peace of mind....
If you're thinking about giving holiday gifts to employees or customers or throwing a party, consider the tax consequences both for you and for the recipients....
The income reduction from making catch-up contributions to your retirement plan might be especially beneficial in 2018 if your itemized deductions are reduced....
Setting up a trust as your IRA beneficiary is complicated, and one misstep can erase the IRA's estate planning benefits but this strategy can have advantages....
If your organization is busy and growing, it's critical you learn when to delegate to staffers and how to encourage them to effectively accomplish new tasks....
Investment decisions shouldn't be driven by tax considerations alone, but taxes are still an important factor when it comes to mutual funds in taxable accounts....
The cash method of accounting will allow more income to be deferred for federal tax purposes than will the accrual method. Is your business eligible to use it?...
Do you receive nonqualified deferred compensation? There may be steps you need to take before year end to defer income taxes and avoid interest and penalties....
What life events might require you to update or modify your estate plan? And what type of revisions might be needed? Find out....