- Intrafamily loans must be handled with care- Is one of your top estate planning goals to provide your family with financial security at the lowest tax cost? 
- Navigate the risky business of nonprofit borrowing- Should your not-for-profit apply for a loan? Perhaps you want to buy new equipment or build an extension to an existing facility. Maybe your nonprofit generates revenue unevenly or you need help to recover from a financial blow. 
- The power of catch-up retirement account contributions after 50- Are you age 50 or older? You’ve earned the right to supercharge your retirement savings with extra “catch-up” contributions to your tax-favored retirement account(s). 
- Receive $10,000 in cash at your business? The IRS wants to know about it- Does your business receive large amounts of cash or cash equivalents? If so, you’re generally required to report these transactions to the IRS — and not just on your tax return. 
- A quiet trust has its benefits, but an incentive trust may be a better option- When it comes to estate planning, one of the more nuanced tools available is a quiet trust (also known as a “silent” trust). 
- Building a better nonprofit budget- Does your nonprofit start its budget process from scratch each year or do you mostly make simple adjustments to the previous year’s budget? 
- Payroll tax implications of new tax breaks on tips and overtime- Before the One Big Beautiful Bill Act (OBBBA), tip income and overtime income were fully taxable for federal income tax purposes. The new law changes that. 
- Run a business with your spouse? You may encounter unique tax issues- Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues. 
- Is a custodial account right for your family?- If you’re considering opening an investment account for your minor child or grandchild to help him or her save for the future, a custodial account can be a useful option. 
- Recruiting is more than a job posting- For many small business owners, recruiting begins and ends with a job posting. You write a description, post it online, and wait for the right candidate to apply. 
 
 
 
 
 
 
 
 
 
