Find News, Insights, & Resources
Looking for something else?
Search Again
Designed to ensure that wealth is taxed at each generational level, the GST tax is among the harshest and most complex in the tax code. If you want to share some of your wealth with your grandchildren, it’s critical to plan ahead.
Read More
No matter how much effort you’ve invested in crafting an estate plan, your will, trusts and other official documents may not be enough. Consider also drafting a “road map” to guide your family in executing your plan.
Read More
A primary goal of estate planning is to ensure that your wishes are carried out after you’re gone. It’s important to design your estate plan to withstand potential will contests or other challenges down the road.
Read More
With the current legislative session ending in May, the Minnesota House released a tax proposal that includes the creation of two tax increases that would impact high-income residents and corporations.
Read More
If digital assets show up on your balance sheet, it’s important to understand how the actions you take with them could impact your tax liability.
Read More
Do you own nonfungible tokens (NFTs)? If so, you need to know that the IRS intends to treat certain NFTs as collectibles for tax purposes.
Read More
The IRS has issued the 2023 foreign housing cost exclusions, allowing citizens living abroad to elect to exclude the foreign earned income and housing cost amount from gross income (with limitations).
Read More
The Inflation Reduction Act (IRA) features several renewable energy and efficiency-related tax credits that may benefit homeowners and businesses in 2023.
Read More
The Treasury Department recently released its annual “Green Book,” which explains proposed items in President Biden’s 2024 budget, including proposals involving the employee retention credit (ERC).
Read More
Did you or someone you know turn 72 in 2022? For most of these taxpayers, last day to begin receiving required minimum distribution (RMD) payments from traditional IRAs is approaching.
Read More