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Who Ultimately Pays for Your Estate Taxes?

“Wow! My uncle left me $100,000 in his will. Wait, what?! I only received $60,000. What happened to the difference? Did my cousins steal some of my inheritance?” This might […]

Step Right Up! Step-ups Explained

Step-ups are powerful, and I believe they should be more widely understood. To that end, the following paragraphs attempt to explain this topic for those of us who are not […]

Bottom Line it For Me – What do I need to know about LIBOR going away?

When is this really happening? For most loans and interest rate swaps you have some time. By the end of 2021, only the one-week and two-month USD London Interbank Offered […]

Ops Tips – Returning to the Office

With the COVID-19 vaccines reaching more of the population, employees will be shifting back to the office at a greater rate. Although the new normal is still a bit hazy, […]

2020 Teleworking and the Threat of Double Taxation

Due to the COVID-19 pandemic and the stay-at-home orders that followed, many employees telecommuted for substantial portions of 2020, and worked from places different from their regular work locations. When […]

Is There a Chance That My Assets Will Be Lost After My Death?

Have you ever found money in your pockets that you have forgotten about? I know I have on multiple occasions. Forgetting about an asset is a common occurrence for people, […]

What’s a Carried Interest, and Who’s Carrying Who?

A carried interest is ownership in future partnership profits, usually granted in return for services. The terms profits interest and promote are commonly used interchangeably to refer to the same […]

12 Simple Steps that go a Long Way in Preventing Identity Theft

COVID-19 was practically a gift to identity thieves. 2020 saw an almost complete cultural shift to remote transactions of every kind. If it could be done remotely, we did it. […]

Nearly A Year After the CARES Act, should Plans still CARE?

2020 was a very unique year that presented many new challenges. On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was passed to provide fast […]