Sep 30, 2020 | Tax, Uncategorized
Is a Tax Trap Lurking in Your Paycheck? October 1, 2020 A payroll tax holiday effective September 1 was recently signed via a presidential executive order. Payroll tax holidays typically provide forgiveness of Social Security and Medicare taxes that are...
Sep 30, 2020 | Estate Planning, Uncategorized
Transferring Ownership of Your Life Insurance Policy October 1, 2020 Generally, the proceeds of your life insurance policy are included in your taxable estate. You can remove them by transferring ownership of the policy, but there’s a catch: If you wait...
Sep 28, 2020 | News, Uncategorized
How to Protect Your Social Security Number From Theft September 28, 2020 In order to protect your Social Security number from identity thieves, know who NEEDS your Social Security number. The list of people or organizations that need to have your number...
Sep 17, 2020 | Estate Planning, Uncategorized
Health Care Power of Attorney: An Essential Element of Any Estate Plan September 17, 2020 What happens if illness, injury or age-related dementia renders you unable to make decisions or communicate your wishes regarding your health care or financial...
Sep 10, 2020 | Estate Planning, Uncategorized
Lifetime Gifts: A Smart Estate Planning Strategy September 11, 2020 With the federal gift and estate tax exemption now at a record high $11.58 million for 2020, most estates aren’t taxable. But that doesn’t mean making lifetime gifts isn’t without...
Sep 1, 2020 | News, Uncategorized
IRS Announces Common COVID-19 Tax Scams September 15, 2020 The most recent tax scams are surrounding COVID-19 tax relief. Here are six of the more common tax scams. Phishing Phishing refers to potential fake emails or websites looking to steal your...
