Rising interest rates favor CRAT
Every family situation is different, which is why it is a good idea to determine what estate planning strategy makes the most sense for your financial priorities today and your goals for tomorrow. One strategy to consider is a charitable remainder annuity trust. A charitable remainder annuity trust (CRAT) allows the owner to create a trust […]
IRS updates pre-screening for Work Opportunity Tax Credits
The IRS recently updated information on the the pre-screening and certification process for Work Opportunity Tax Credit (WOTC), available to employers that hire designated categories of workers who face significant barriers to employment. For employers facing a tight job market, the WOTC may be able to help. To satisfy the requirement to pre-screen a job applicant, on […]
Don’t let identity thieves get the upper hand
Few things can make one feel helpless like realizing you have been the victim of identity theft – particularly when it involves having a fraudulent tax return filed on your account. Unfortunately, criminals are becoming more and more savvy. John Wilson, a senior fellow for threat research at Agari by HelpSystems, explained in a recent […]
Is now the time to make the switch to a Roth IRA?
Present and future income tax rates should be considered when deciding to convert your traditional IRA to a Roth IRA.