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Congress to Consider Limited Tax Changes in 2024
Taxation
Congress may enact changes in tax policy this year, but only in a few areas, and the chances of any such package passing by…
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Legislation Would Give New York City Power to Shut Illegal Smoke Shops
Trusted Professional
A bill introduced in the New York State Assembly would, if passed, give New York City the legal authority to shut down…
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Survey: Younger Americans Name Personal Finance as Top Goal for 2024
NextGen
Many people make New Year’s resolutions, and Generations Y (otherwise known as millennials) and Z are no different. More…
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FinCEN Starts Accepting Beneficial Ownership Reports Under Corporate Transparency Law
Trusted Professional
The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) started accepting beneficial ownership…
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Considerations of S-Corp Acquisitions
Federal Taxation
When buying or selling a business, the existence of a target company that is taxed as a subchapter S corporation (an “S…
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The Social Security “Stealth Tax” and How to Control It
Income Taxation
The majority of the rules and funding policy that controls how Social Security works today were put in place by the…
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The Medicaid Asset Protection Trust (MAPT)
Estate Taxation
Long-term care insurance is the preferred option for protecting assets from nursing home costs, because it helps keep clients…
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Indeed Chief Economist: Decent Case for Optimism About Job Market in 2024
NextGen
“There are several reasons for cautious optimism that the same trends that helped cushion the job market in 2023 will hold…
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SBA to Reverse Course and Resume Collection of Some Past-Due COVID-Related Loans
Trusted Professional
The Biden Administration has reversed its previously announced policy of not collecting some past-due COVID-19-era loans,…
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