🖨 Print⏱ 4 min read Running a small business often means working with a mix of people: some full-time staff, part-time helpers, seasonal workers or project-based contractors. While this flexibility helps manage costs and workload, it creates a crucial decision point that many business owners underestimate: properly classifying each worker. The stakes couldn’t be higher. … Continue reading “Navigating Worker Classification: The Critical Difference Between Employees and Independent Contractors”
🖨 Print⏱ 2 min read Part 2 In this second part of our two-part series on the One Big Beautiful Bill Act (OBBBA), we examine the legislation’s impact on businesses, trusts, and estates. In addition, we will look at its overall economic impact. Estate Tax Changes The federal estate tax exemption receives a significant boost … Continue reading “One Big Beautiful Bill Act: Part 2 – What the New Tax Law Means for Your Business”
🖨 Print⏱ 3 min readRight smack dab in the middle of summer might seem like the worst time to think about your taxes, but it’s actually the perfect time. Here’s what taking a pause in July allows you to do. Get Organized Do you have all your receipts? Are your records up to date? Did … Continue reading “6 Reasons for Mid-Year Tax Planning”
🖨 Print⏱ 5 min readIf you are in the market for a new job or are interested in extracting more value from your current one, consider some of the newer trends in company benefits. The following is a primer on what might be available to help supplement your income with your current employer or benefits … Continue reading “Job Shopping: What’s New in Company Benefits”
🖨 Print⏱ 4 min read Part 1 The One Big Beautiful Bill Act (OBBBA) passed the House on July 3 and was signed into law by President Trump. This comprehensive legislation makes several expiring tax cuts from the 2017 Tax Cuts and Jobs Act permanent while at the same time introducing several temporary provisions through … Continue reading “One Big Beautiful Bill Act: Part 1 – What the New Tax Law Means for You”
🖨 Print⏱ 4 min readAccording to a Bankrate Financial Infidelity Survey, 28 percent of couples said they considered financial cheating as bad as physical cheating. Furthermore, money is one of the top reasons for divorce, says Rahkim Sabree, counselor and financial therapist with the Financial Therapy Association. With these facts in mind, it makes good … Continue reading “How to Navigate Money Before Saying ‘I Do’”
🖨 Print⏱ 4 min readThe goodwill to assets ratio measures how much of a company’s total assets come from goodwill – an intangible asset like brand value or customer loyalty – and it plays a role in assessing the company’s overall value. It provides a ratio or percentage of the amount of intangible versus tangible … Continue reading “Understanding the Goodwill to Assets Ratio”
🖨 Print⏱ 4 min readThe appointed executor of a will is the person responsible for paying the debts and taxes of the will’s owner once he dies and then distributing what is left in the estate to named beneficiaries according to instructions of the will. While it might feel like an honor to be asked … Continue reading “Responsibilities of Being the Executor of a Will”
🖨 Print⏱ 4 min read The rise of artificial intelligence tools like ChatGPT and Grok has transformed how Americans seek information. From meal planning to complex financial questions, these platforms offer instant answers to virtually any query. But when it comes to U.S. tax advice – especially international tax matters – relying on AI can … Continue reading “Why AI Falls Short for U.S. Tax Guidance”
🖨 Print⏱ 4 min readOne Big Beautiful Bill Act (HR 1) – Introduced by Rep. Jodey Arrington (R-TX) on May 20, this tax bill supports the president’s tax and immigration agenda. The legislation includes: Making permanent the income and estate tax cuts passed in the Tax Cuts and Jobs Act of 2017 Waiving income taxes … Continue reading “New Tax Cut & Spending Bill, Protecting Law Enforcement, VA Benefits and Semiconductor Supply Chains”