Mar 24, 2020 | Income Tax
If you or a well-off relative are facing the gift and estate tax, here’s a planning opportunity often overlooked: pay tuition and medical expenses for loved ones. Such payments, structured correctly, do not represent gifts. The monies spent by you on the qualified...
Mar 16, 2020 | Income Tax
The Setting Every Community Up for Retirement Enhancement (SECURE) Act changed the landscape for retirement and savings planning. Don’t hesitate to reach out to us, your Sarasota CPA, with any questions. Here are eight important reminders about this new law:...
Jan 30, 2020 | Income Tax
Buy-Sell Agreements Buy-sell agreements are usually part of a succession plan put in place to protect the financial interests of the owners of closely held companies and their heirs and to protect the company’s stability in case of a major event. Funding buy-sell...