When someone passes away or a trust becomes active, tax compliance is rarely the first thing on a family’s mind. Yet for trustees, executors, and corporate fiduciaries, estate and trust tax obligations can become immediate and complex.
Tag: Tax Strategy & Planning
What Is Cost Segregation?
Cost segregation is an engineering-based analysis that identifies and reclassifies certain building components into shorter tax recovery periods.
Understanding PFICs & Form 8621
What You Need to Know About the Trump Accounts
As you may be aware, recent tax law changes have introduced a new savings vehicle for children called a Trump account.
Making a List, Checking It Twice
Finance & Accounting Services matter more than ever in 2026. Small businesses are facing an increasingly complex financial landscape.
Unrelated Business Income Tax (UBIT): What Nonprofits Need to Know
Nonprofit organizations work hard to focus on their mission: serving communities, supporting causes, and strengthening Minnesota. But when revenue begins flowing in from activities outside that mission, things can get complicated quickly.
Rothification of Catch-Up Contributions: What Employers Need to Know
If you have employees age 50 or older who earn $145,000 or more in FICA wages, a significant retirement plan change is coming your way.
