Tax Briefs: How to determine if you need to worry about estate taxes

Here’s a simplified way to project your estate tax exposure. Take the value of your estate, net of any debts. Also subtract any assets that will pass to charity on your death. Then, if you’re married and your spouse is a U.S. citizen, subtract any assets you’ll pass...

Dependency Exemption for Kids

  Your family structure plays a very important role on your individual income tax return. Married? Not-married? Kids? Ages of your kids? Etc. I would like to talk about dependency exemption for a child today.  Basically, your child has to be not-married (or...

Selling Isn’t the Only Reason to Conduct a Business Valuation

    Most business owners consider having a business valuation conducted at the time they decide to sell their business, but every business needs to have an up-to-date business valuation on hand at all times. Why? An up-to-date valuation better positions you...