Frequently, parents will be encouraged to give their home to their children so the government won’t take it to pay any nursing home bills.  This is usually very bad advice.  Why is this not an appropriate strategy? more…

Ever go looking for a copy of an old tax return and can't find it?  This happens frequently.  How? more…

This is a familiar question a client or potential client will ask us.  Some of the more common situations in need of a tax identification number are:

• Starting a business that will have employees
• Having a corporation
• Having a qualified retirement plan with $100,000 or more of plan assets
• Opening an estate
• Having a trust that is required to file a tax return more…

Taxpayers over age 70-1/2 with an IRA have a year-end tax planning opportunity.  more…