‘Tis almost the season for charitable giving. Besides helping a worthy cause, your donations may qualify for a festive write-off on your 2020 tax return if you qualify. Here are five ways to boost your deduction for charitable contributions if you itemize. 1. Bunch Contributions Under the Tax Cuts and Jobs Act (TCJA), for 2018 through…
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Prenuptial Agreements as an Estate Planning Tool
Prenuptial agreements and domestic law vary from one state to another but nearly every state has laws that prevent one spouse from entirely disinheriting the other. However, with a prenuptial agreement, one spouse can waive his or her right to the other spouse’s estate. What if you are already re-married and didn’t sign a prenuptial agreement?…
Long-Term Growth: Why It’s So Important to Get It Right
When appraisers select from the menu of appraisal techniques, the income approach is a popular choice. This technique derives value by converting anticipated economic benefits into their net present value. Long-term sustainable growth is a key ingredient. Capitalization of Earnings Method Here’s the “recipe” for valuing a business under the income approach, when the subject company’s earnings and…