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Estate & Trust Planning Strategies: Power of Appointment and Disclaimer Trust Explained

KROST

In one of our previous articles, we covered the topic of disclaimers as an excellent post-mortem tax planning tool. As discussed, anyone can disclaim a part of their inheritance. The post Estate & Trust Planning Strategies: Power of Appointment and Disclaimer Trust Explained appeared first on KROST.

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Benefits of Disclaimers in Post-Mortem Estate Planning

KROST

Let’s look at an important post-mortem planning tool – the disclaimer. A disclaimer is a refusal to accept an interest in or a power over property – Read the full article. The post Benefits of Disclaimers in Post-Mortem Estate Planning appeared first on KROST.

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“SOS! Do I Need to Prepare a 1099 for Credit Card Payments I Make to Contractors?”

Patriot Software

Paying a contractor to perform work for your business comes with a little disclaimer: reporting said payments on Form 1099-NEC. But what if you pay your contractor using a credit card? Do you have to prepare a 1099 for credit card payments?

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Did your state receive a clean audit opinion this year?

Accounting Today

Whether a qualified, disclaimer or adverse opinion is given depends on the nature and scale of the problem, and some states had lots of problems.

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Why Your Business Shouldn’t Rely on AI-Powered Tax Prep Advice

CPA Practice

While both companies include fine print disclaimers that their AI systems are incomplete and that you should review their output, The Washington Post found the AIs were ineffective about half the time.

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Why Businesses Shouldn’t Rely on AI-Powered Tax Prep Advice

CPA Practice

While both companies include fine print disclaimers that their AI systems are incomplete and that you should review their output, The Washington Post found the AIs were ineffective about half the time.

Tax 105
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Bookkeeping Fundamentals for Small Business Owners

DuctTapeMarketing

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