by HintonBurdick | Jun 1, 2020 | News
Individuals with significant assets who want to transfer wealth to heirs tax-free, as well as minimize estate taxes, should take advantage of proven tax strategies such as gifting and direct payments to educational institutions; however low-interest rates and a...
by HintonBurdick | Jun 1, 2020 | News
As part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law March 27, many small business owners were able to apply for – and receive – a loan of up to $10 million under the Paycheck Protection Program (PPP). If the loan...
by HintonBurdick | Jun 1, 2020 | Business Tax, Nonprofit Tax, Personal Tax, Tax, Tax Deadlines
My topic today, 3 Underutilized Tax Strategies, builds from a previous blog post of mine called Setting Up For Success. After you have your business setup – how do you best strategize to save on taxes? Below I will highlight 3 Tax Strategies that I feel are...
by HintonBurdick | May 1, 2020 | News
Taxpayers with net operating losses (NOLs) for a business are provided tax relief under the CARES Act. Tax relief for partnerships filing amended returns is provided as well. Let’s take a look at three key points: 1. Claiming NOLs Taxpayers with net operating...
by HintonBurdick | May 1, 2020 | News
If you, your spouse, or dependents have significant medical or dental costs in 2019, you may be able to deduct those expenses when you file your tax return this year. Here are eight things you should know about medical and dental expenses and other benefits: 1. You...
