How Divorce Attorneys Can Leverage a Financial Advisor | Free Webinar

All About High Net Worth (3)

Late Filing Penalties to be Waived for Some Taxpayers

Certain late tax filers are about to see some relief. The IRS is abating the late filing penalties for various tax returns for 2019 and 2020 that were filed late or have not yet been filed. This announcement came on August 24, 2022, when the IRS issued...
Read The Full Blog
Filter Blog Posts By Topic

Donor-Advised Funds Can Add Tax Benefits to Your Charitable Giving

Charitable giving is generally a component of a comprehensive tax or estate plan. Receiving a tax benefit for charitable donations used to be a straightforward exercise for taxpayers who itemized deductions. Taxpayers simply made a contribution to a...
Read The Full Blog

Section 1031 Like-Kind Exchanges Help Defer Capital Gains & Build Wealth

The like-kind exchange is one of the most money-savvy ways to defer capital gains taxes while building your long-term wealth. A 1031 exchange, which gets its name from Section 1031 of the Internal Revenue Code, can help you swap one investment property...
Read The Full Blog

Do You Have to Pay Tax On Student Loan Forgiveness?

Student loan forgiveness is getting substantial media attention, thanks to the Biden administration’s recent announcement that more than a half million borrowers will see their student debt balances wiped out automatically. This forgiveness cancels...
Read The Full Blog

Estate Planning Lessons From a Rock Star

When rock star Prince died on April 21, 2016, he didn’t have a will in place. This rather shocking scenario resulted in one of the most complicated probate hearings ever seen in Minnesota, Prince’s home state. Business owners and high net worth families...
Read The Full Blog

Maryland Extends Deadline for Individual Income State Tax Returns to July 15, 2022

Yesterday, Maryland announced that the deadline for individual income state tax filings and payments will be extended from April 18, 2022 to July 15, 2022.
Read The Full Blog
1 2 3 4 5

Get The Latest Business, Tax And Financial Insights.