There are several financial and legal implications when adding a new partner to a partnership. Here’s an example to illustrate: You and...

If you donate valuable items to charity and you want to deduct them on your tax return, you may be required to get an appraisal. The IRS...

Let’s say you plan to use a C corporation to operate a newly acquired business or you have an existing C corporation that needs more...

Let’s say you own one or more vacant lots. The property has appreciated greatly and you’re ready to sell. Or maybe you have a parcel of...

After experiencing a downturn in 2023, merger and acquisition activity in several sectors is rebounding in 2024. If you’re buying a...

Choosing the right business entity has many implications, including the amount of your tax bill. The most common business structures are...

There are many rewards for taking care of an elderly relative. They may include feeling needed, making a difference in the person’s life...