Estate planning is a vital component of financial management, ensuring that your assets are protected, your wishes are honored, and your loved ones are taken care of when you can no...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/30/2023
In June 2018, the United States Supreme Court issued a landmark decision in the case of South Dakota v. Wayfair, Inc., fundamentally altering the landscape of sales tax collection...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/22/2023
Trusts are powerful financial tools that enable individuals to manage and distribute their assets according to their wishes while potentially minimizing estate taxes and probate processes....
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/13/2023
In personal finance, planning for the future is essential to securing a stable and comfortable life. A deferred compensation plan is one of the most powerful tools available to individuals...
Posted by Pat Raskob on 09/13/2023
Tax-free investments are a cornerstone of a well-rounded financial portfolio, allowing investors to grow their wealth while minimizing the impact of taxes. These investments provide...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 08/22/2023
Filing taxes can be complex, and it becomes even more intricate when you have income in multiple states. If you've earned money or conducted business in more than one state during...
Posted by KLSM CPA Firm PLLC on 08/11/2023
As online selling continues to flourish, the taxation landscape has become increasingly complex for e-commerce businesses. One crucial aspect that online sellers need to navigate is...
Posted by Rosovich & Associates, Inc. on 07/23/2023
Local and state governments sell municipal bonds to investors to help fund public projects like repairing a public park or building a new school. While municipal bonds pay tax-free...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/27/2023
Deducting your charitable contribution is tricky because of the changing laws in 2022 and 2023. The law allows taxpayers to deduct their generous contributions without going through...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 04/21/2023
