What’s something every business owner should have? A succession plan. Whether you’re planning to pass your business down to the next generation or eventually sell it, a solid succession plan is key to ensuring the…

An idea to keep your tax life simple. If you filed your return in April, your refund check should be coming in any day. But proceed with caution before immediately cashing that physical refund check!…

When it comes to receiving gifts, many people are relieved to learn that they don’t have to pay taxes on them. Gifts, in general, are not taxable for the recipient. However, the situation is a…

Professional athletes are used to facing challenges on the field or court, but every year, they face-off with a tax season that’s a bit more complex than the average taxpayer’s. If you don’t know the…

Do you live in one state, but work in another? Many neighboring states have special rules to deal with this situation. The agreement between New Jersey and Pennsylvania is one example. People who live in…

Tax season can be a stressful time of the year. Whether you’re waiting on important documents or simply need more time to organize your finances, filing a tax extension might be the right choice for…

Today, we’re diving into a topic that might not be the most fun to think about, but it’s really important—especially if you’re going through it. We’re talking about the tax implications of getting divorced. Filing…

With the changes happening in Washington D.C., there is now some uncertainty about what tax policies we may see in 2025 and beyond. During this time of uncertainty, it is challenging to create a workable…