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...
Problems with taxes and the Internal Revenue Service can affect anyone. You may think you are in line to stay on top of your tax obligations only to later experience a major financial setback. As a result, you may not have the ability to pay your taxes, and your...
The family home will be most American’s biggest investment. However, many individuals and businesses engage in buying commercial property. The purchase of commercial property involves the same concepts as residential property, but there are often different issues. And...
Thinking about contesting a will during probate is a fairly common part of the process for many. Of course, the standing of the objecting party will have a lot of bearing on the matter with children of the decadent ranking much higher than a distant cousin once...
The end of the year is coming up fast, particularly for small business owners. While there are a million details to resolve in what may be your busiest time of year, it is wise to think about the fiscal health of your business. There are a several tax and financial...