CPAs need to be aware of current tax developments in key states to properly advise clients doing business in multiple jurisdictions. As state and local tax jurisdictions continue to face budgetary and staffing challenges, it is crucial for CPAs to regularly monitor developments in surrounding jurisdictions. This article will […] Click here to view original […]

Individuals who own interests in a closely held family business need to address an exit strategy. In many cases, such individuals wish to have a child who is involved in the business takeover its operation at some point, often when the founder retires, becomes incapacitated, or dies. This can […] Click here to view original […]

The CTA seeks to fill those gaps by creating a new system for reporting beneficial ownership information (BOI), to be implemented through regulations created by the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN). On September 30, 2022, FinCEN issued a final rule governing the beneficial ownership reporting system, […] Click here to view original […]

The road to college financial aid usually begins with the Free Application for Federal Student Aid, or FAFSA. After years of delays, a new version of the form will be released at the end of December. While it promises increased access to aid, the delays could put universities and […] Click here to view original […]

Kim Owen If you want to make a big purchase, such as a new car or a piece of property, or you were faced with a large, unexpected expense, such as a major home or auto repair, would you have the funds readily available? If not, you might look […] Click here to view original […]

In the new year, we often make resolutions. Here are some I’d like to propose. With the new year approaching, many are thinking about resolutions like going to the gym, eating healthier, hitting work metrics, and getting their finances in order. Thinking about how to get your finances in […] Click here to view original […]