Donating to charity carries many benefits for taxpayers, such as allowing people to connect with a personal cause and preserve legacy–and it doesn’t hurt that donating to charity can lower your tax bill. If donating to a charity is part of your tax plan, here are a couple of tips so you can maximize your tax-deductible donation before year-end.
During the process of selling a business, owners have many obstacles to navigate: processes, taxes, and, of course, deciding what to do next. In this article, we’ll discuss the different types of taxes a business owner may encounter when selling their business, as well as options for how to invest the proceeds.
As you start thinking about the process of selling your business, compare this process to a game of baseball. Where do all pick-up baseball games start? With picking your team. So, captain, who’s your first pick?
With rising interest rates and inflation reaching a 40-year high, investors, planners and affluent individuals are searching for solutions to create financial strategies to meet their goals.
Affluent individuals and families may choose to implement charitable giving strategies for the wealth of benefits these strategies provide.
Wealth management combines various financial services to consult and address the needs of affluent individuals. Holistic financial planning considers the big picture of an individual’s finances while including both short and long-term goals.