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Category: Uncategorized

Home Archive by Category "Uncategorized" (Page 2)

Estate Planning Awareness Month: Rethink These 8 Estate Strategy Myths

October 1, 2021Yana SogolovUncategorizedNo comments

Did you know that October is National Estate Planning Awareness Month? The importance of proper estate planning shouldn’t be understated, as it can be a lasting gift for your loved ones after your passing.   The discomfort in talking about plans after death or incapacitation may cause certain myths and misconceptions to circulate. Many people…

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Gifting vs. Inheritance: Which Is Better For My Beneficiaries?

September 5, 2021Yana SogolovUncategorizedNo comments

If you know that you want to leave behind money for your family members, is it better to leave the money as a gift while you are still living or as an inheritance after death? Each of these options have different tax consequences to be aware of before pursuing. We’ve gathered what you need to…

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Tax Strategies for High Earners

August 5, 2021Yana SogolovUncategorizedNo comments

Preparing a strategy that is both advantageous and tax-efficient might feel daunting at first. Thankfully, there are some things you can do now to keep from overpaying this tax season. Build Your Team of Professionals You might build a team for any number of pursuits, from organizing a baseball team to putting together people to…

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What Is an NFT?

July 5, 2021Yana SogolovUncategorizedNo comments

From mainstream media coverage to a parody skit on Saturday Night Live, non-fungible tokens (NFTs) are starting to become a household name. But the concept can be confusing and leave investors wondering whether this is a fad, a hobby or a bona fide investment. While you may be able to address this question with a trusted…

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What Is FATCA? Understanding the Foreign Account Tax Compliance Act

June 5, 2021Yana SogolovUncategorizedNo comments

Suppose you’re considering doing business in another country or looking to split your time between the United States and elsewhere. In that case, it’s worth familiarizing yourself with the tax implications of having assets outside of the U.S. and its territories. That means getting to understand the basics of the Foreign Account Tax Compliance Act…

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May 6 Is World Password Day. Here Are 6 Tools to Safely Store Your Passwords Online

May 5, 2021Yana SogolovUncategorizedNo comments

How many times have you gotten a reminder to update your password before it expires? Or to make sure your password contains a capital letter, number and symbol? While inconvenient at times, these are some of the crucial steps that come with keeping your personal information safe. Choosing a weak or overused password can make…

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LLC, C-Corp or S-Corp? A Guide to Protecting Your Business Assets

April 15, 2021Yana SogolovUncategorizedNo comments

Creating a business is an exciting venture, and choosing a business structure is an integral step. Not only is each business structure taxed differently, but they all offer different levels of protection between personal and business liabilities. Before moving forward on your next step in entrepreneurship, make sure to understand the pros and cons of…

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Need to Reduce Your Small Business Tax Bill? Try This

March 15, 2021Yana SogolovUncategorizedNo comments

Did you get an unexpected surprise when you went to file your small business taxes this year? Did you not pay enough in estimated taxes during the year and now don’t have the cash to cover what you owe by the deadline? Here are five things you can do today to try and reduce your…

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