Every year, thousands of seniors are financially exploited by family members, caregivers and others. But you can help put a stop to elder fraud. Pay attention if a senior seems afraid of his or her guardian or if a caregiver prevents a charge from speaking for him- or herself. And be suspicious if the elder
Ellenbogen
Nov 13, 2019
Need to know: Give your nonprofit’s board the right information
- By Ellenbogen
- Non-Profit
- 0 Comments
Nov 12, 2019
Nov 7, 2019
Nov 6, 2019
Nov 5, 2019
Who needs an estate plan? You do!
- By Ellenbogen
- Estate
- 0 Comments
Estate planning is often associated with the division of your assets, and this is certainly a key component. It’s typically accomplished, for the most part, by drafting a will, which is the foundation of an estate plan. With a valid will, you determine who gets what. It can cover everything from the securities in your
Oct 31, 2019
IRA charitable donations are an alternative to taxable required distributions
- By Ellenbogen
- Charity, Taxes
- 0 Comments
Are you charitably minded and have a significant amount of money in an IRA? If you’re age 70½ or older, and don’t need the money from required minimum distributions, you may benefit by giving these amounts to charity. IRA distribution basics A popular way to transfer IRA assets to charity is through a tax provision
Oct 30, 2019
Selling securities by year end? Avoid the wash sale rule
- By Ellenbogen
- Taxes
- 0 Comments
If you’re planning to sell assets at a loss to offset gains that have been realized during the year, it’s important to be aware of the “wash sale” rule. Under this rule, if you sell stock or securities for a loss and buy substantially identical stock or securities back within the 30-day period before or
Oct 29, 2019
Exactly what does FDIC deposit insurance cover?
- By Ellenbogen
- Financial Planning
- 0 Comments
Oct 24, 2019
Accelerate depreciation deductions with a cost segregation study
- By Ellenbogen
- Business
- 0 Comments
Is your business depreciating over 30 years the entire cost of constructing the building that houses your operation? If so, consider a cost segregation study. It may allow you to accelerate depreciation deductions on certain items, thereby reducing taxes and boosting cash flow. And under current law, the potential benefits are now even greater than
Oct 23, 2019
Setting up a Health Savings Account for your small business
- By Ellenbogen
- Business, Health Insurance
- 0 Comments
Given the escalating cost of employee health care benefits, your business may be interested in providing some of these benefits through an employer-sponsored Health Savings Account (HSA). For eligible individuals, HSAs offer a tax-advantaged way to set aside funds (or have their employers do so) to meet future medical needs. Here are the key tax