Many Americans own a vacation home or aspire to purchase one. If you own a second home in a waterfront community, in the mountains or in a resort area, you…
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This year, many Americans have been victimized by wildfires, severe storms, flooding, tornadoes and other disasters. No matter where you live, unexpected disasters may cause damage to your home or…
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On August 30, 2023, the Financial Accounting Standards Board (FASB) unanimously voted to finalize its proposed improvements to the disclosure rules for income taxes. Here’s what’s changing and when those changes…
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In today's ever-changing job market, the distinction between 1099 contractors and W-2 employees has become a pivotal point of discussion for both employers and workers. While both play essential roles…
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The landscape of federal estate and gift taxes may face significant changes that could have major implications for individuals with considerable estates. The federal estate and gift tax exemption provision…
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Key Takeaways: CTA and Financial Transparency: The Corporate Transparency Act (CTA) enacted in 2021 promotes financial transparency. It mandates specific entities to report Beneficial Ownership Information (BOI) to FinCEN, aiding…
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