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Blogs: LLC and Business Formation

Legal May 10, 2024

Audit Representation: What It’s All About & How to Benefit From It

What Is Audit Representation? Audit representation refers to hiring a qualified professional, such as a tax attorney, certified public accountant (CPA), or enrolled agent, to advocate for a taxpayer during an audit. It is usually conducted by the Internal Revenue Service (IRS).  The representative acts as a liaison between the taxpayer and the auditing authority, […]

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Taxes May 8, 2024

Do I need a CPA?

About the Video The talk revolves around why it’s crucial for business owners to bring a Certified Public Accountant (CPA) on board when tackling taxes. The discussion really hones in on the perks of having a pro on your team, helping you maximize your earnings each year. The conversation touches upon the peace of mind […]

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Finance

Gift Tax Exclusions For 2024

Monetary gifts are one excellent way to express appreciation and love to a family member. But before you write them a check, you must consider the tax implications of giving someone a substantial amount of money. While giving gifts is a great, heartfelt gesture, you must understand how gift taxes work. This way, you can […]

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Legal May 6, 2024

Do Retirement Accounts Go Through Probate Court?

Estate planning is one excellent way to secure the future of you and your family. It involves several strategies for growing and preserving wealth, including setting up and contributing to an individual retirement account (IRA). IRAs are tax-advantaged retirement accounts designed to help individuals save and grow money for retirement. But what happens to all […]

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Business Funding Tips May 3, 2024

A Comprehensive Guide to Life Insurance & Estate Planning

Life insurance is one of the most important tools in estate planning. It provides a financial safety net during unforeseen accidents and tragedies. Furthermore, if properly set up, life insurance policies can be pivotal in preserving and distributing wealth.  In this blog, we’ll explore life insurance’s role in estate planning and discuss the two primary […]

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