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In the good old days, business owners believed that as long as they served their customers effectively and made sure that their stock maintained or increased its value, all was taken care of. However, ...

Individual investors invest billions in financial markets based on factors including research, professional advice and trust -- trust that they have received the best information available to support ...

When a professional corporation sells its assets or liquidates, one important tax issue is whether the corporation or the shareholder-employees own any appreciated professional goodwill (with a fair ...

Beneficial rules for the generation-skipping transfer (GST) tax are currently in force, which may allow you to pass on assets to future generations without a federal tax bill. GST Tax Basics When it ...

After receiving an inheritance , you need to determine how to incorporate those assets, whether stocks, bonds, real estate, or some other asset, into your finances. Consider these points during that ...

With the many changes in the estate tax in recent years, you could be confused about the need for estate planning. But estate planning was never just about reducing estate taxes. It is also about ...

Beneficial rules for the generation-skipping transfer (GST) tax are currently in force, which may allow you to pass on assets to future generations without a federal tax bill. GST Tax Basics When it ...

The reason: Investments held in a Roth IRA are allowed to build up federal-income-tax-free. Later on, you can take federal-income-tax-free withdrawals. Obviously, a zero tax rate is the best rate ...

In today's world, it's not uncommon for a U.S. citizen who lives in this country to be married to a non-citizen who is a resident. Or two non-citizens may be married to each other while living here. ...

U.S. stocks dropped on Wednesday and the Dow Jones industrial average suffered its worst day since February as feeble quarterly reports from Walt Disney, Macy's and Fossil undermined confidence across ...

Ferrari Ottoboni Caputo & Wunderling LLP is proud to announce that Daniel S. Gonzales, of counsel to the firm, was honored with the Professional Lawyer of the Year Award by the Santa Clara County Bar ...

On Wednesday, January 2, 2013, President Obama signed the American Taxpayer Relief Act of 2012 (the "Act") thereby averting the "fiscal cliff" and establishing a "permanent" set of estate and gift tax ...

L ocation, location, location. You know how important it is for your business. So when choosing a location, you probably research foot traffic, car traffic and the occupancy rates of the neighboring ...

If you own commercial property, you're probably depreciating it over 39 years. That means that every year, you deduct 1/39th of the property's value (excluding land) from your taxes . Depending on the ...

Many business owners fail to follow the strict tax rules for substantiating vehicle expenses. But if your business is audited, the IRS will most likely ask for mileage logs if you deducted vehicle ...

There's no doubt about it ... college is expensive. At top-rated private universities, the annual cost can be $55,000 and up. Some public schools charge out-of-state students $40,000 and up. With any ...

C haritable giving is growing at a healthy pace, a sign that Americans are a little more confident about the economy and their own finances. Individuals, corporations and foundations donated $316.2 ...

If you sell stocks with losses in your taxable accounts, you may offset losses against gains and deduct an additional $3,000 of excess losses against ordinary income. But what about losses in your ...

What's your real marginal tax rate? If you answer that question by looking at the tax rate tables that show rates of 10, 15, 25, 28, 33, 35 and 39.6 percent, you could be understating your real ...

If you have investments with substantial losses, consider these strategies to improve your results: 1. Use stock losses to offset other capital gains. You may use stock losses to offset other types of ...

Cash as a form of legal tender isn't yet as obsolete as 8-track tapes and VCRs. But it's definitely less popular with certain demographic groups than others. Only 30% of all retail transactions were ...

Most employers try to strike a balance between encouraging healthy habits on the part of their employees, and acting as a surrogate nanny. The question of whether or not to allow vaping at work can be ...

S everal federal income tax breaks for individuals and businesses expired at the end of 2013. Although we're solidly into 2014, Congress has -- so far -- failed to extend many of tax savings ...

Depending on your situation, it may make sense to include the odd-sounding "Q-tip trust" in your estate plan . The name derives from a special estate tax break for "qualified terminable interest ...

Most of us know that a trust is a useful way to safeguard financial assets for your benefit or for someone else. But the common misconceptions about trusts could cause you to bypass them entirely, or ...

A trust is often only as good as the person selected to manage it. It may a daunting process, but selecting the right trustee and having fail-safes in place are crucial to ensuring the complexities of ...

Custodial accounts for children are established for various reasons. Grandma gave $10,000 to little Jennifer: set up a custodial account. Mom and Dad want a tax shelter for little Johnny's college ...

Do you own a beach house, ski chalet, resort condo or other vacation getaway? Perhaps it's the place where cherished family reunions take place with your children and grandchildren. Many people with ...

Most of the time, investors are satisfied with the relationships they have with their brokers or investment advisers. Occasionally, however, an investor may have a serious dispute about how a broker ...