“Accountability” may seem like one of those popular management concepts you know would be nice to implement if your not-for-profit had the time and budget.
Typically, an estate plan includes accommodations for your spouse, children, grandchildren and even future generations. But you may overlook some older family members, such as your parents or in-laws. They may also need your financial assistance and help with their estate planning.
If you invest in mutual funds, be aware of some potential pitfalls involved in buying and selling shares. Surprise sales You may already have made taxable “sales” of part of your mutual fund investment without knowing it.
As year-end draws near, many businesses will be not only be generating their fourth quarter financial statements, but also looking back on the entire year’s financials. And what a year it’s been.
If your small business is planning for payroll next year, be aware that the “Social Security wage base” is increasing.
You may view your will as the centerpiece of your estate plan. But other documents can complement it. For example, if you haven’t already done so, consider writing a letter of instruction. Elements of the letter
It would be an understatement to say 2020 has been challenging.
It’s been a year like no other. The sudden impact of the COVID-19 pandemic in March forced every business owner — ready or not — to execute his or her disaster response plan.
October 15 is the deadline for individual taxpayers who extended their 2019 tax returns.
Are you wondering if the passive activity loss rules affect business ventures you’re engaged in — or might engage in?