Individual Taxpayers: Year-End Tax Planning Strategies

Individual Taxpayers: Year-End Tax Planning Strategies

Individual Taxpayers: Year-End Tax Planning Strategies With the end of the year fast approaching, now is the time to take a closer look at tax planning strategies you can use to minimize your tax burden for 2020. General Tax Planning Strategies General tax planning...
Tax Preparation vs. Tax Planning

Tax Preparation vs. Tax Planning

Tax Preparation vs. Tax Planning Many people assume tax planning is the same as tax preparation, but the two are quite different. Let’s take a closer look: What is Tax Preparation? Tax preparation is the process of preparing and filing a tax return. Generally,...
Pandemic Diaries: Providing Liquidity Through Divestitures

Pandemic Diaries: Providing Liquidity Through Divestitures

[vc_row][vc_column][vc_column_text]By Michael Lovell Typically, businesses have a life cycle and transition through phases, from initial launch through maturity. The coronavirus has impacted the economy in such a manner that even industries that have traditionally...
Choosing a Retirement Destination: Tax Considerations

Choosing a Retirement Destination: Tax Considerations

Choosing a Retirement Destination: Tax Considerations With health care, housing, food, and transportation costs increasing every year, many retirees on fixed incomes wonder how they can stretch their dollars even further. One solution is to move to another state where...
Taking Early Withdrawals From Retirement Accounts

Taking Early Withdrawals From Retirement Accounts

Taking Early Withdrawals From Retirement Accounts While taking money out of a retirement fund before age 59 1/2 is usually not recommended, in certain cases, it may be unavoidable, especially during times of economic crisis. If you need cash and have a retirement fund...
Tax Treatment of Virtual Currency Transactions

Tax Treatment of Virtual Currency Transactions

Tax Treatment of Virtual Currency Transactions Whether you’ve invested in Bitcoin and sold it at a profit or loss or received it for services performed, you’ll need to report it on your tax return. Here’s what you should know: Background Prior to...
Unlocking Value – Quality of Earnings Reports

Unlocking Value – Quality of Earnings Reports

Progressive Thinking Webinar Series Unlocking Value – Quality of Earnings Reports Strategic Considerations for Business Owners and Entrepreneurs Watch this event to understand the most significant financial tool for evaluating proposed transactions or financings –...
Preparing for a Successful Retirement

Preparing for a Successful Retirement

Preparing for a Successful Retirement As you approach retirement, it’s vital that you pay attention to several important financial matters to ensure a smooth transition. Here are five of them: 1. Health Insurance Are you among the lucky few who will continue to...
The Pandemic Diaries: Cybersecurity Edition

The Pandemic Diaries: Cybersecurity Edition

Progressive Thinking Webinar Series The Pandemic Diaries: Cybersecurity Edition Learn about cybersecurity through the recent tales and observations of seasoned professionals. Madhu Maganti, ABIP Partner in Charge of Cybersecurity and Technology Advisory Services, and...