Tax, Audit, Firm and Regulatory News
In this webinar recorded on July 17, 2024, Senior Tax Manager Will Hendrick provides an overview of the Corporate Transparency Act (CTA), including what the CTA is for, Beneficial Ownership Information Report filing requirements, and an overview of penalties for non-compliance.
If you have questions please reach out to your Topel Forman contact or contact us at info@topelforman.com
As home values rise, the federal home sale exclusion may no longer be enough to eliminate capital gains tax when a property is sold or inherited. The difference between a large tax bill and a smaller one can come down to how well a homeowner documented capital improvements over the years. Keeping a permanent record of qualifying expenses is one of the simplest steps homeowners can take to protect themselves.
Financial planning is a holistic practice that should be done regularly as big life changes happen: 529 plans, estate planning, and tax considerations are only a few of the factors that could be considered during financial planning.
Topel Forman is pleased to announce that Lisa Blechman has been promoted to Chief Operating Officer.