Many people feel they do not need trust. They believe since they do not have a large estate, they do not need any elaborate planning. They believe it's expensive and complicated....
Posted by Income Taxes and Bookkeeping LLC on 04/30/2021
Taxes on trust funds can cause big problems for small businesses. When an employer withholds part of his employee's salary to pay income tax, social security, and Medicare taxes,...
Posted by Unifirst Financial & Tax Consultants on 04/29/2021
The financial abuse of the elderly is becoming more and more intense and increasing rapidly every day. This horrible problem is common among the rich and famous and is becoming a problem...
An irrevocable lifetime trust can offer benefits that are not available with a revocable trust. This article touched on how an irrevocable trust can protect property from creditors,...
Posted by Daniel P Vigilante CPA and Profit Consultants on 04/21/2021
What is the trust fund penalty?The term "trust fund" has a varied meaning when applied to labor tax rather than asset management. This is the amount of payroll tax levied...
Posted by Elliot Kravitz, ATP on 04/20/2021
Charities are looking for more help today than ever before. If you are planning to donate to charity now or at any time of the year, you have various options. While you can simply...
Posted by Unifirst Financial & Tax Consultants on 04/14/2021
If you need to file for an individual federal income tax return, you will now use the IRS Form 1040 or 1040-SR for Seniors. The other alternatives above: Forms 1040A and 1040EZ ended...
Posted by Taxes Made EZ Inc on 04/09/2021
Imagine that you could invest in real estate with all the advantages and a few disadvantages of the market. You can skip the process of buying and maintaining a property and jump straight...
Posted by Dennis Jao on 04/06/2021
The grantor, which can also be called the creator, settlor, trust maker, or trustor, is the party who forms the trust. For married couples, if the trust was established jointly, they...
Posted by CORE PERFORMANCE on 04/06/2021
