Know the Ins and Outs of “Reasonable Compensation” for a Corporate Business Owner Jennifer McGheeMay 17, 2021C corporation, corporate business owner, executive compensation, reasonable compensationComment
Spendthrift Trusts Aren’t Just for Spendthrifts Jennifer McGheeMay 13, 2021gift and estate tax exemption, estate planning, spendthrift trustComment
Home Sales: How to Determine Your “Basis” Jennifer McGheeMay 11, 2021basis, itemized deduction, real estate taxes, home mortgage interestComment
Simple Retirement Savings Options for Your Small Business Jennifer McGheeMay 10, 2021small business, Simplified Employee Pension, SEP, savings incentive match plan for employees, SIMPLE, retirement planning, SEP-IRA, SIMPLE IRAComment
What Happens If Your Spouse Fails to Designate You as Beneficiary of His or Her IRA? Jennifer McGheeMay 7, 2021IRA, spousal rollover IRA, private letter rulings, PLR, beneficiaryComment
Tax Advantages of Hiring Your Child at Your Small Business Jennifer McGheeMay 6, 2021business owner, sole proprietor, family taxes, small businessComment
How to Ensure Life Insurance Isn’t Part of Your Taxable Estate Jennifer McGheeMay 3, 2021life insurance, estate tax, taxable estate, incidents of ownership, irrevocable life insurance trust, life insurance trustComment
Why It’s Important to Meet the Tax Return Filing and Payment Deadline Jennifer McGheeApril 30, 2021tax return, failure-to-pay penalty, failure-to-file penaltyComment
Keep it All in the Family: Transferring Your Vacation Home Jennifer McGheeApril 27, 2021vacation home, estate planning, family limited partnership, FLP, estate planComment