Financial Independence for Kids

An AICPA survey discovered that parents are more likely to talk with their children about manners, eating habits, school grades, and substance abuse than about finances.  All these topics are important, but it’s
also vital to prepare kids for financial independence by teaching them the basics of handling money.

New IRS Ruling May Rescue Estate Plans

The “death tax” still exists, and it continues to be a major concern for high net-worth taxpayers, including the owners of successful small companies.  IRS Revenue Procedure 2017-34, effective June 9, 2017, provides relief when a deceased spouse’s executor fails to make a timely portability election.

Small Business: 100% Meal Deduction

This is great news but your meal must meet 5 tests to be fully deductible.

Click here to read more on all of these topics!

Tax Calendar

October 16th – Tax Filing Extension Deadline