Estate planning in 2019 is changing with the tax bill! In the video below, Amy is sharing the new tax updates that may affect you
Video: 2019 Estate Tax Updates
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The Balancing Act
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Tax
10 Ways to Prevent the Grinch from Stealing Your Identity
If you have experienced identity theft, you know how devastating it can be. Unfortunately, it’s on the rise, so it behooves us all to pay attention to prevention methods, as no one is immune. The month of January is a high activity period for such scams since thieves...
Essential Tax Considerations Before Acquiring a Target Company
It’s best to take a proactive approach at the front end when planning to acquire a target company. Any acquisition is an event that requires careful consideration and due diligence before signing on the line. To avoid problems after acquiring a given target company,...
Run Your Life Like a Business: Budget Wiselybudget
Every company goes through an annual planning and budgeting process to operate their business, so they are able to meet both fixed and capital expenses—making changes as needed to react to inevitable ups and downs in the market. To grow their business, they may need...
Tips for First-Year Tax Accountants to be Successful
You’ve chosen a great career that, from everything we can see, will always be around. Regardless of technology advances, clients want someone to talk to, to ask questions, to help plan ahead and so on. With over 25 years as a tax accountant, I’ve seen it all. As I now...
Keys to a Strong International Referral Network
Globalization Today’s marketplace is more globalized than ever before, with other countries investing in the United States and vice versa. Whether you want to build “inbound” or “outbound” business relationships with foreign companies, it is advantageous to have a...
Tax by the Alphabet: A Simplified View of a Tax Accountant’s Busy Season
Tax season is hectic for everyone! But imagine how busy tax accountants must be during the months of February, March and April of every year. Being a numbers person, I can tell you that Weinstein-Spira, for example, currently prepares well over 2,500 tax filings, and...
The Tax Reform Journey: Individual and Business Implications
We’ve all waited with bated breath and now it’s finally a done deal. After much anticipation and back and forth negotiations, the dust is just starting to settle with respect to the newly passed Tax Cuts and Jobs Act. We don’t yet fully know how the new laws will...
CFOs Checklist for a Successful New Year
“Success often comes to those who have the aptitude to see way down the road.” - Laine Burns Short-term and long-term planning is critical to the success of any company, as CFOs well know. At the beginning and end of each year, business owners and leaders are busy...
Tip of the Iceberg: Wealth Transfer Tools for Setting Future Generations up for Financial Success
How can you provide your children, and their children, with financial stability now or when you’re no longer here? What wealth transfer strategies are best for your family? Unfortunately, we can’t give you all the answers in the context of one blog post. But we can...
Year-End Tax Strategies to Set Your Family Office Up for Success in 2018 and Beyond
Already thinking about next year’s tax deadline? Believe it or not, now may be the best time to do just that! Family office accounting can be incredibly cumbersome, as it involves coordination between various entities and individuals. In order to see successful...
Tax Reform According to Millennials
Tax reform. Will it happen? Will it be good for our country? What do you know or what are you hoping to see? With the latest reports stating that legislators are aiming to have a tax reform bill on President Trump’s desk by Thanksgiving, our team is paying attention...
O Canada! Establishing Business and Paying Taxes Beyond Your Native Land
While our countries both call North America home, establishing and doing business in the United States means an entirely new set of rules, regulations and implications for our Canadian neighbors. As a Canadian entrepreneur, business owner or CFO, it’s important to be...
Six Lessons on Improving Business Operations from our Lean Six Sigma Green Belts
What's the secret to working efficiently and effectively, while also keeping your paying customers happy? You’ve likely skimmed through dozens of articles surrounding how to be more efficient, or what measures to take for a more efficient workplace in hopes of finding...
Two Money-Management Lessons for Heirs: Quantify and Qualify
In estate planning and the transfer of wealth, there are various financial tools to help the next generation “test the waters” of sound money management, including trusts and partnerships. At some point, however, the heirs take over and the risk of errors may...
Understanding the Alternative Minimum Tax to the Max
You’ve likely heard the buzz surrounding President Trump’s tax return since Rachel Maddow revealed a tiny section (just two pages of what was likely thousands) of it on her newscast. Perhaps this was the first time many Americans heard about the alternative minimum...
A Note on President Trumps Proposed Tax Reform Plan
On Wednesday, April 26, the White House issued its goals and priorities for tax reform in a one-page proposal of bullet points entitled “2017 Tax Reform for Economic Growth and American Jobs: The Biggest Individual and Business Tax Cut in American History.” While...
Never Underestimate the Power of Estate Planning
Our estate planning team understands how important preserving wealth can be for future generations of loved ones. If your estate is over a certain dollar threshold, your tax due can be significant, so early planning is even more beneficial. Determining assets and...