by Claude Silverman | Mar 13, 2023 | Advisory
The SECURE 2.0 Act (PL 117-328, 12/29/2022) contains a prodigious number of changes affecting retirement plans, as well as some changes outside of the retirement arena. The information is presented in this easy-to-read chart showing how the rules have changed, when...
by Claude Silverman | Mar 10, 2023 | Tax
If you hire a domestic worker to provide services in or around your home, you probably have a tax liability that you don’t know about – or one that you do know about but are ignoring. Either situation can come back to bite you. When the worker is your employee, your...
by Claude Silverman | Feb 24, 2023 | News
You’d be hard-pressed to find someone who actually enjoys the process of filing taxes. Having said that, it’s absolutely something that you’re supposed to do like clockwork every single year. Of course, there is a myriad of different reasons why you...
by Claude Silverman | Feb 10, 2023 | Advisory
S corporation compensation requirements are often misunderstood and abused by owner-shareholders. An S corporation is a type of business structure in which the business does not pay income tax at the corporate level and instead distributes (passes through) the income,...
by Claude Silverman | Jan 20, 2023 | Tax
Married taxpayers generally have the option to file a joint tax return or separate returns, a filing status commonly referred to as married filing separate (MFS). If you are married and you and your spouse are filing separate returns, or are considering doing so, you...
