Some assets are easier to address in your estate plan than others. Transferring a significant amount of frequent flyer miles can be tricky (or maybe not even possible). Read more about is here: https://t.co/aYcauZ50D0
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Business owners: Cash flow is the lifeblood of a successful company, and your billing processes have a huge impact on it. Make sure you’re not taking billing for granted. Read more about is here: https://t.co/zdV9TSthIx
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When planning your estate or inheriting assets, it’s essential to understand the “step-up” basis rules. They can affect the taxes due on the sale of the assets. Read more about is here: https://t.co/zCgxGgEw8J
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IRS ramping up audits on exec comp & fringe benefits. Curious about their focus? Guides given to auditors reveal strategies to uncover untaxed benefits. Find out what triggers an examination. #IRS#TaxAudits
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Happy Independence Day weekend from our accounting firm! As we celebrate the birth of our nation, we're reminded of the things that make America great, including hard work, dedication, and the pursuit of happiness. #IndependenceDay2023#TaxServices#AccountingServices
Did you know? Over half of Social Security recipients owe taxes on some benefits! Taxable percentages vary based on income level. Learn how "combined income" is calculated and discover strategies to reduce it, lowering your tax obligation. https://t.co/wJEcJuK5lK
Today we celebrate Juneteenth, a day of freedom and reflection. Let's honor the resilience of those who fought for freedom and equality. Together, let's continue the journey towards justice, unity, and inclusion. #Juneteenth#FreedomDay
Happy Father's Day weekend to all the amazing dads out there! At our accounting firm, we know that being a father comes with a lot of responsibilities. So let’s give a special shoutout to all the dads. #FathersDay2023#DadsInBusiness#FinancialSuccess#TaxPlanning
With careful planning, a spousal lifetime access trust may offer the best of both worlds: the ability to make the most of the current federal gift and estate tax exemption while retaining some access to your wealth. https://t.co/GIF5KRS0Od
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No #BusinessOwner has a fully functional crystal ball. But a carefully created forecast or projection can help you better prepare for the future. Read more: https://t.co/QHcepFKpHO
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Seniors who have Medicare insurance (including supplemental) know that it can be costly to get the desired coverage. If this is your situation, you may be able to deduct the cost of premiums, along with other medical expenses, on your tax return. Read more:
Do you know the optimal way to address your vacation home in your #EstatePlan? Click the link for the latest news and other helpful information to guide individual and business decision making. https://t.co/nrUaoRJ662 #NYCCPA#AccountingFirm
#BusinessOwners: You’ve probably seen the abbreviation “ESG” in an article or maybe heard about it on a podcast. You may want to consider whether and how the concept applies to your company. https://t.co/OsxgVEYL1z #NYCCPA#AccountingFirm