What individuals need to know about the new CARES Act

The third coronavirus relief package – the Coronavirus Aid, Relief and Economic Security Act (CARES Act) – has been passed by Congress and signed by President Trump. The CARES Act contains provisions designed to help both businesses and individuals. Click here to read about the provisions affecting businesses. Below is a look at those provisions […]
Calculating QBI deduction can be complex and time-consuming
One of the more beneficial provisions of the 2017 Tax Cuts and Jobs Act for individuals and small business owners is the new qualified business income (QBI) deduction under Section 199A. Eligible taxpayers may be entitled to a deduction of up to 20 percent of QBI, a significant tax savings for owners of sole proprietorships, […]
Create your will now for your family’s future
Do you have a will? If so, does your last will and testament reflect your wishes or will the fate of your estate be in the hands of the state? A discussion was held recently with attorneys from the Atlanta firm, MendenFreiman LLP, during which attorney Paige Baker explained that establishing a will puts control […]