Aug 21, 2018 | Firm Updates, Greek Organizations
Hey you! Yeah, you. I’m calling out to all the fraternities and sororities out there! Are you ready for another school year? Here are some things to make sure you have set up for your fraternity or sorority to start the year off right. 1. Check to make sure the...
Aug 20, 2018 | Firm Updates, International Tax
On our International Tax Blog, we have been discussing two fictional taxpayers, John and Sue Ling, who have resided in the United States for many years. They have been working with their CPA and attorney on their estate plans. John is a U.S. citizen but Sue is not,...
Aug 15, 2018 | Firm Updates, Small Business
The Tax Cuts and Jobs Act (TCJA) liberalized the eligibility rules for using the cash method of accounting, making this method (which is simpler than the accrual method) available to more businesses. Now the IRS has provided procedures a small business taxpayer can...
Aug 14, 2018 | Firm Updates, International Tax
Last week we discussed the international tax situation of John and Sue Ling, a hypothetical couple from Taiwan that has been residing in the United States for many years. John is a U.S. citizen but Sue is not, although she is a permanent U.S. resident (or green card...
Aug 8, 2018 | Firm Updates, Individual Tax, Retirement Planning
Converting a traditional IRA to a Roth IRA can provide tax-free growth and tax-free withdrawals in retirement. But what if you convert your traditional IRA—subject to income taxes on all earnings and deductible contributions—and then discover you would have been...
Aug 6, 2018 | Firm Updates, International Tax
Today we will explore the fictional case of John and Sue Ling to demonstrate some of the factors affecting international estate planning. John and Sue came to the United States from Taiwan 30 years ago when John was hired as an engineering professor at a local...