Smart Money Insights
Smart financial planning for college: a parent’s guide
Learn how to effectively plan and save for your child’s higher education. Understand student aid and family contributions, explore college savings plans, and discover how to increase your child’s chances of receiving merit-based scholarships.
Understanding the Child and Dependent Care Credit
Are you a parent or caregiver? This video breaks down everything you need to know about the child and dependent care credit. Don’t miss this opportunity to reduce your tax bill!
IRS moves forward in Employee Retention Credit processing
The IRS is making significant strides in processing Employee Retention Credits. Gain a deeper understanding of these recent updates and their implications for your business. Stay ahead of the curve by reading our latest article.
Tax implications of legal gambling
With the rise of legal sports betting and online gambling, it’s crucial to understand the IRS reporting requirements associated with your winnings. Discover the thresholds for different types of gambling and how to report your earnings accurately. Learn how to avoid potential penalties and comply with IRS regulations.
The DOL expands overtime protections for employees
Discover how the Department of Labor’s recent expansion of overtime protections could impact your business. This article discusses the key changes and implications of the new regulations.
From partnerships to side gigs, who really owes self-employment taxes?
Explore the impact of a recent legal shift that broadens the scope of self-employment taxes, including limited partners and gig workers. Learn how everyday activities could land you in the self-employment tax bracket and how to avoid potential penalties.
Navigating the exit: how non-controlling shareholders can sell private company stock
Selling private company stock can be challenging for non-controlling shareholders. This article explores the critical considerations, from understanding company restrictions to finding the right buyers and planning for taxes.
Self-employed? Here’s how to pick between a SEP IRA and Solo 401(k) for your retirement
Explore two popular retirement plans, SEP IRA and Solo 401(k), for the self-employed in this overview, focusing on their benefits, drawbacks, and the strategic considerations for choosing between them. Learn about higher contribution limits, flexibility, and tax advantages these plans offer. Get insight into which plan best fits your retirement goals and business structure.
The IRS’s new audit strategy: what wealthy individuals, corporations, and complex partnerships need to know
The IRS is set to dramatically boost audits on high-income earners, major corporations, and complex partnerships. Find out what these changes mean for you and how to prepare effectively.
Mistakes To Avoid When Setting Growth Goals
Discover the common mistakes made when setting growth goals and how to avoid them. Learn how to create a clear and achievable plan to take your business to the next level.
IRS proposes major changes for donor-advised funds
The proposed IRS regulations on Donor-Advised Funds introduce potential shifts in how these funds are managed. With possible retroactive effects and new compliance hurdles on the horizon, the time to prepare is now. Get an overview of these changes and how they might affect your giving strategy in our latest piece.
Alternative Minimum Tax basics for individuals
Understanding the Alternative Minimum Tax (AMT) can be complex, but it’s essential for strategic tax planning. This article guides you through the process of calculating your AMT and offers useful strategies for minimizing its impact.
Beyond group health insurance: understanding your options with Section 105 plans
Are you a small business owner looking to offer health benefits without breaking the bank? Our guide to ICHRAs and QSEHRAs explains how these health reimbursement arrangements work, their benefits, and how they can be tailored to fit the unique needs of your business. Learn how to leverage these plans for tax advantages and greater employee satisfaction.
Financial analysis of leasing vs. purchasing a vehicle
Understanding the financial differences between leasing and purchasing a vehicle can save you a significant amount of money. This article provides a detailed breakdown to help you make an informed decision.
Mitigating the Risk of Deepfake Fraud
With the rise of AI, deepfake fraud is on the rise, resulting in significant financial losses for companies. Explore the need for increased employee education and enhanced security measures. Reach out to us to learn how to protect your organization against these sophisticated cybercrimes.
Tips for Raising Financially Literate Young Adults
Parenting comes with many responsibilities, which include teaching children how to budget, save money, and make responsible financial decisions. In this video, we’ll cover six tips to help your children learn about saving, spending and investing.