Clients who extended the deadline to file a federal tax return to October 15 might feel that they’ve got forever to get their taxes done, but advisors say they should use the time wisely. They also shouldn’t expect to come out ahead by investing their tax returns during the […] Click here to view full […]

Today, cybercriminals are developing ever more sophisticated ransomware tactics, social engineering scams, and brute force attacks on organizations’ operations and their data. The same advancements that make leaps in innovation, speed, and efficiency possible can also be exploited to access sensitive data and systems. And unfortunately, these criminal tactics […] Click here to view full […]

Many business owners want to keep their family business within their families. But demographics and generational issues are making that tougher. Companies are often heirless, or their next generation is not ready to take over. Of course, procrastination is still a problem, too. According to a 2023 study by […] Click here to view full […]

Background The ERC was initially enacted in March 2020 as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide eligible employers with a refundable tax credit against applicable employment taxes during qualifying periods between March 13, 2020, and December 31, 2021 (its availability in the […] Click here to view full […]

Clients nearing Medicare age should know about IRMAA (Income-Related Monthly Adjusted Amount), inflation-adjusted surcharges on parts B and D of Medicare. IRMAA surcharges—which first appeared in 2007 as part of the Medicare Prescription Drug, Improvement, and Modernization Act of 2003—kick in for 2024 when clients hit just $103,000 of […] Click here to view full […]

State and local taxes are arguably the most complex part of the tax system in the U.S., and for businesses that operate across state lines, they are especially relevant and difficult to navigate. Click here to view full article