If you’re unlucky enough to suffer a personal theft loss, you may be entitled to a federal income tax deduction. Or you may not. The rules are complex, but there’s some good news: Last year’s One Big Beautiful Bill Act (OBBBA) makes claiming these write-offs a little easier in the near future. Ground Rules Theoretically, […]
New Funding Expands Eligibility for Trump Accounts On December 2, President Trump announced that Michael and Susan Dell are donating $6.25 billion to expand the funding of tax-advantaged Trump Accounts. Introduced under the One Big Beautiful Bill Act, these accounts are intended to help children save for the future. Previously, the government pledged to contribute $1,000 […]
Q<font=”arial””size=2″>uestion:</font=”arial””size=2″> For several years now, our organization has sponsored a wellness program for employees. Unfortunately, we’ve never seen a high level of participation. A handful of employees seem to love it and take full advantage of its features. But a much larger percentage either barely participate or ignore it completely. At a recent leadership meeting, one […]
Determining the right successor for your family business can be more complex than it first appears. Sometimes what looks good on paper doesn’t play out well in reality. When the time comes to transition ownership and management to your chosen successor, what should you do if it seems like he or she isn’t ready or […]
The volume of corporate litigation is an ongoing concern, in any economy. In recent years, there has also been a global trend to hold individuals accountable for their actions. For stockholders, employees, customers and clients who feel they have been wronged, finding the guilty party and holding them accountable can often be accomplished by filing […]
The demand for long-term care facilities in the United States continues to rise, along with the costs. Someone who turns 65 today has roughly a 70% chance of eventually requiring long-term care services, according to the latest data from the U.S. Department of Health and Human Services. Moreover, 20% of seniors will need it for […]
Hot off the press! Our latest newsletter covering the 2026 Annual Information Returns (Forms 1099, W-2s, and more) is now available here. Key Updates for 2025: 1099s, Worker Classification, and New Tax Deductions Staying compliant with tax regulations is more important than ever—especially with evolving rules around Forms 1099, worker classifications, and new deductions for […]