I am getting the question much more frequently from clients – “When I retire, does it make sense from a tax standpoint to change my residency from New York to Florida?”. When I explain how the taxes work between New York and Florida, most...
A very common question that we frequently receive from clients is “If I want to make a cash gift to my kids, do I have to pay gift taxes?” The answer to that question depends on number of items such as: The amount of the gift Your lifetime exclusion limit...
With the massive amount of money that has been printed by the U.S. Government this year, a U.S. government debt crisis is looming. In this video we will walk you through: • Probability that a debt crisis will occur • When the U.S. Government Debt Crisis could...
As COVID-19 cases continue to rise in the United States, it has left investors wondering what impact this could have for the stock market in coming months. In this article we are going to review: Key Indicators To Track Impact of A Second Full Shutdown...
For business owners, selling the business is often the single most important financial transaction in their lifetime. Since this is such an important event, we created a video series that will guide business owners through the selling process. Dave Wojeski, a partner...
When you sell your primary residence, and meet certain requirements, you may be able to exclude all or a portion of your capital gain in the property from taxes. In this article, I am going to cover the $250,000 capital gains exclusion for single filers, and...
