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Business Owner
Articles
Starting a business
Advantages and disadvantages of self-employment
Choosing an entity for your business
Funding a business
Hiring your first employee
Qualifying for the home office deduction
Record keeping for your own business
Starting or buying a business
Tax planning for the self-employed
Decision Tools
Transferring or selling a business
Business succession planning alternatives
Business succession strategy analyzer
Buy-sell agreement analyzer
Buy-sell planning questionnaire
How cross purchase plans work
How entity purchase plans work
Planning for succession of a business interest
FAQs
Incorporating a business
Can I change my business from a C corporation to an S corporation?
Can I change my business from an S corporation to a C corporation?
Should I incorporate my business?
Transferring or selling a business
Can I transfer my business through my will?
How can I keep my business in the family?
What are some financing options for selling my business?
What is a buy-sell agreement?
What is a family limited partnership, and will it help reduce estate taxes?
Estate Planning
Articles
Estate planning basics
Estate planning--an introduction
Facing the possibility of incapacity
Gift and estate taxes
Trust basics
Wills--the cornerstone of your estate plan
Medicaid planning
Medicaid and nursing home care
Medicaid and the principal residence
Medicaid planning basics
Decision Tools
Probate
The probate process: 3 to 9 months after death
The probate process: 9 to 12 months after death
The probate process: initial tasks
Types of post-mortem elections
Trusts
Advantages of trusts
How a grantor retained income trust (GRIT) works
How an irrevocable life insurance trust (ILIT) works
How an irrevocable trust protects assets
FAQs
Estate and gift tax
How can I determine what my business is worth for estate and gift tax purposes?
How can I minimize taxes on my estate?
How will estate taxes be paid if I leave no provision in my will?
I intend to make tuition payments directly to my grandchild's college, and I know this will reduce my estate. But would it be better to contribute to a 529 plan instead?
I just made a gift. Do I have to file a gift tax return?
If I am the account owner when I die, will the value of my 529 account be included in my estate?
The death benefit from insurance on my life will be paid to an irrevocable life insurance trust (ILIT). What if those funds are needed to pay my estate taxes?
What is a family limited partnership, and will it help reduce estate taxes?
What is the applicable exclusion amount?
Will the value of my 529 account be included in my estate or my beneficiary's estate?
Trusts
Can an UGMA/UTMA account reduce my child's financial aid for college?
Should I establish a trust for my child's college education fund?
What is a Crummey power?
What is a life insurance trust and why should I consider establishing one?
What is a living trust?
Tax Planning
Decision Tools
General tax planning
Accelerating deductions/postponing Income
Accelerating income/postponing deductions
Federal individual income tax fundamentals
Remarriage with children: income tax considerations
FAQs
General tax planning
Am I having enough tax withheld from my paycheck?
Are my Social Security benefits subject to income tax?
Are scholarships and grants subject to federal income tax?
Do I have to file a federal income tax return?
Do I have to pay U.S. taxes when I work abroad?
How did the Jobs and Growth Tax Relief Reconciliation Act of 2003 change capital gains tax rates?
I don't have the cash to pay my taxes. What can I do?
I have investment property. What does basis mean, and how do I determine the basis of my property?
I received a state tax refund last year. Must I include that amount as income on my federal return this year?
My spouse passed away this year. When I file my taxes, what filing status should I claim?
What is my tax bracket?
What is the alternative minimum tax?
What is the basis of property received as a gift?
What is the kiddie tax?
What penalties and interest will I be charged for paying and filing my federal income taxes late?
What's the difference between an "injured spouse" and an "innocent spouse"?
Will I have to pay tax on my investment income?
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