Surviving Spouses as Sole Designated Beneficiaries of IRAs
Surviving spouses who are sole designated beneficiaries of a decedent's IRAs have two favorable...
Nonprofits should look before leaping abroad
Many not-for-profits today look beyond U.S. borders to recruit members, sell products, promote...
Innovate or acquire? That’s the strategic question
Many companies reach a point in their development where they have to make an important decision:...
Time may be running out — again — for tax-free treatment of home mortgage debt forgiveness
Income tax generally applies to all forms of income, including cancellation-of-debt (COD) income....
Documentation is the key to business expense deductions
If you have incomplete or missing records and get audited by the IRS, your business will likely...
Business or Hobby Income?
It’s important to distinguish between what is considered a hobby activity and what is considered a...
Vacation home should keep families together, not tear them apart
A shared family vacation home can be a great place for family bonding. And a little estate planning...
Climbing the “hierarchy of needs” to find employee engagement
In 1943, psychologist Abraham Maslow set out his “hierarchy of needs.” This theory suggested that...
Tax impact of investor vs. trader status
If you invest, whether you’re considered an investor or a trader can have a significant impact on...
Are frequent flyer miles ever taxable?
If you recently redeemed frequent flyer miles to treat the family to a fun summer vacation or to...