Many businesses support their communities by donating to local charities. Although there are plenty of nonprofits that deserve your support, some exist solely … [Read more...]
What are your options to fund long-term care expenses?
March 25, 2024
Few things can derail your estate plan as quickly as unanticipated long-term care (LTC) expenses. Most people will need some form of LTC — such as a nursing … [Read more...]
Common Missing Tax Return Items
March 25, 2024
Want your tax return filed quickly and without error? Then double-check this list of items that are often overlooked. These missing items often cause delays in … [Read more...]
Coordinating Sec. 179 tax deductions with bonus depreciation
March 25, 2024
Your business should generally maximize current year depreciation write-offs for newly acquired assets. Two federal tax breaks can be a big help in achieving … [Read more...]
CDS has successful review by Peers
February 27, 2024
Conway, Deuth & Schmiesing, PLLP (CDS) announced today that it has successfully completed a rigorous peer review of its accounting and auditing practice. … [Read more...]
What’s the best accounting method route for business tax purposes?
February 22, 2024
Businesses basically have two accounting methods to figure their taxable income: cash and accrual. Many businesses have a choice of which method to use for tax … [Read more...]
Get ready for the 2023 gift tax return deadline
February 22, 2024
Did you make large gifts to your children, grandchildren or others last year? If so, it’s important to determine if you’re required to file a 2023 gift tax … [Read more...]
Filing jointly or separately as a married couple: What’s the difference?
February 22, 2024
When you file your tax return, a tax filing status must be chosen. This status is used to determine your standard deduction, tax rates, eligibility for certain … [Read more...]
Answers to your tax season questions
February 20, 2024
Here are answers to six individual tax season questions we receive at this time of year. … [Read more...]
A power of attorney is a critical component of an effective estate plan
February 1, 2024
While much of your estate plan focuses on actions that take place after death, it’s equally important to have a plan for making critical financial or medical … [Read more...]
