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Understanding Estate Planning Will Help Limit Your Tax Liability

CPA Practice

By Tylor Willis, CFP, The Kansas City Star (TNS) Most of us want to preserve or grow our wealth. One crucial aspect of wealth management is creating a holistic financial plan that includes your estate and tax strategy. Here are four strategies to consider adding to your financial plan. ©2023 The Kansas City Star.

Kansas 101
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The Benefits of Delayed Business Filings

CPA Practice

Administrative considerations: If administrative or logistical challenges could cause delays, planning for a later filing date may provide the necessary time to address and overcome these issues. Generally, a company can choose a “future effective date” 30 to 90 days out.

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What Do Taxes Have to Do with the NBA Finals?

CPA Practice

Highly paid entertainers and celebrities also deal with hefty income taxes for income earned outside their home states.) Low tax states with no jock tax Most states and some cities have a jock tax. cities that impose the tax include Cleveland, Kansas City, Philadelphia, and Detroit.

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Promotion Watch ’24: Moss Adams Adds 20 Partners to the Roll

Going Concern

Hansen provides assurance services to clients in the manufacturing and consumer products, food and beverage, and agribusiness industries, and is also well-versed in performing employee benefit plan audits. Pat Hoppa (Kansas City, Communications & Media Practice). Tax Credits & Incentive Services). M&A Tax Services).

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Professionals on the Move – January 2023

CPA Practice

Gabe Rivers focuses on providing income tax planning and tax compliance services to high-net-worth individuals and families, partnerships, S corporations, trusts, and private foundations.Gabe holds a Bachelor of Business Administration and a Master of Accountancy from the University of Tennessee.

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What’s Hot on Checkpoint for Federal & State Tax Professionals?

ThomsonReuters

In this edition, we take a look at the recently enacted corporate alternative (book) minimum tax; new elections to convert credits to cash or tax payments; changes to the electric vehicle credit; recent legislation in Kansas, Kentucky, and Missouri; and state taxation of forgiven student loans.

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The Technology Lab Podcast – Quantum Tech in Accounting – Oct. 2023

CPA Practice

And it may be happening now, and I just don’t know about it, because you know, I’m just a simple guy from Kansas. And you know, when I think about tax strategies, and tax planning, we can optimize tax strategies by analyzing large data sets. But you know, the bottom line on this stuff is, it’s a real threat.