Gift tax returns generally do not need to be filed unless you give someone, other than your spouse (if he or she is a U.S. citizen), money or property worth more than the gift tax annual exclusion for
Read MoreRunning a small business comes with a multitude of responsibilities, and one crucial aspect is managing taxes. Small business owners often find themselves grappling with the complexities of the tax system, from understanding different tax obligations to maximizing
Read MoreAs the IRS increases the number of audits, it’s good to be reminded that taxpayers do have rights. Here is the IRS’s Bill of Rights. The Right to Be Informed Taxpayers have a right to clear explanations of
Read MoreDear client, In case you missed it, Nebraska’s Legislative Bill 754 had large Pass-Through-Entity Tax law updates. What is PTET? PTET laws allow these entities to elect to pay tax at the entity level, shifting the tax liability
Read MoreAnnual Meetings Corporations are required to have annual meetings. LLCs (limited liability companies) can, and should have annual meetings. During those meetings, you and your directors or officers should ratify decisions made during the year. Some of the
Read MoreHow does health and life insurance affect your taxes? Many know from experience that medical expenses can easily overwhelm even the best financial plans. Whether it’s a quick ER visit with only modest charges or a serious or
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