Once we go through all the headaches of putting our taxes together and filing them, the next step is hopefully waiting for the refund to come. That can seem like an excruciating wait, particularly if there is a spring vacation that would be much more fun with that...
Siblings may have been raised in the same family, but they rarely have the same financial issues when inheriting money unless there is a trust that manages the estate. The more common scenario is for brothers and sisters to inherent the family home and/or other...
Small business owners have major tax filing deadlines on the horizon, which are March 15 or April 17 for many of them. If everything is going according to plan, they have now figured how to tackle the Tax Cuts and Jobs Act of 2017. Ideally, they paid the right amounts...
Many will remember the tragic death of Kansas City Royals pitcher Yordano Ventura, who died January 22, 2017 in a single-car crash. While contracts are an important part of professional sports, or any job for that matter, some will be surprised to note that the Royals...
After all of the media coverage surrounding the new tax laws last year, you probably heard that if you suspect you will either pay or receive alimony, you should finalize your divorce before Dec. 31, 2018. Whether you managed to reach an agreement out of court or let...
Selling a home or property is one of the biggest business deals that most Americans will ever handle. This can lead to a lot of stress and even frustration. While different real estate experts have different approaches to preparing a property for selling, owners can...
Countless small business owners will be looking for answers revolving around the Tax Cuts and Jobs Act that need to be addressing during the 2019 tax season. Many are trying to determine if they legally qualify for a 20 percent exception of their income. Despite the...
It’s a new year, and that means that tax season is around the corner. Like many other Toledo residents, you may be starting to gather your documents whether you want to get your taxes out of the way or file them at the deadline. As part of your preparation, you may be...
Sometimes it makes more sense to set up a generation skipping trust, particularly if the objective is to reduce the size of tax obligation among family members. This trust does this by directly placing assets with grandchildren and future generations rather than...
Many of us have heard the term “Roth IRA” and may even understand that it is a good way to avoid paying unnecessary taxes or avoiding probate. Needless to say, many out there believe that there is a lot to like about this estate-planning tool. Some basics about the...