Explore key planning strategies to efficiently transfer assets to beneficiaries, while avoiding probate, and learn more about estate and gift tax planning.
Read MoreLearn the differences between Chapter 7 and Chapter 13 bankruptcy, as well as how to protect your assets prior to filing using irrevocable trusts.
Read MoreUnderstand the basics about common trusts, including living, testamentary, simple and complex trusts.
Read MoreThe rise in business aircraft purchases across the U.S. in recent years has led to company owners, management and employees using such aircraft for both business and personal purposes — often saving time, enhancing flexibility and increasing productivity. However, the IRS has taken notice...
Read MorePosted by Matthew Divis & Kayla Lieb Some taxpayers may feel they don’t need to worry about estate planning, because they have less than $13,610,000 of net assets ($27,220,000 for a married couple), which are the current estate tax exemption amounts. The truth is, if you have roughly...
Read MoreAs a closely held business owner, the value of your business is one of the most important factors in assessing your personal financial health and driving positive outcomes when it comes to your goals. More often than not, a significant portion of your net worth is tied to the value of your...
Read MoreCohen & Co finalized the acquisition of Szymkowiak & Associates CPAs (Szymkowiak) and PEAR Consultants, LLC (PEAR), effective today. As a result of the transaction, Cohen & Co has expanded their services into Western New York for closely held and private equity-owned companies,...
Read MorePosted by Joe Webb and Matt Rager
Read MoreSzymkowiak & Associates CPAs and PEAR Consultants, LLC are joining Cohen & Co, one of the top tax and accounting firms in the U.S.
Read MoreThe U.S. Court of Federal Claims recently determined that a U.S. couple living abroad could claim a foreign tax credit against the tax liability imposed by the net investment income (NII) tax. This is a significant decision for taxpayers living outside of the U.S., as it means those with foreign...
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