As 2023 draws to a close, it’s time to turn our attention to an essential topic: tax planning. In this newsletter edition, we’ll explore the strategic steps you can take to optimize your financial situation before the year ends From deductions to investments, we’ve got you covered with expert insights and practice advice. Get ready… Read More

Click below to read our newest newsletter regarding year-end planning for 2022 and beyond! PTA Newsletter Year-End Tax Planning for 2022… Read More

When a family member passes away, there are many decisions that need to be made and many emotions to handle. The last thing anyone thinks about is taxes. Unfortunately, even the deceased can’t escape taxation. If the departed family member earned taxable income during the year in which they died, then federal taxes may be… Read More

According to the Conway Center for Family Business, family businesses account for 64% of the U.S. Gross Domestic Product (GDP), yet 57% of family businesses have no formal succession plan.1 While the number may shock you, it is not surprising that many small business owners are consumed by the myriad responsibilities of running their businesses.… Read More

How the gains from the sale of a primary residence are taxed has changed in recent years. If you have recently sold your home, or are considering doing so, you may want to be aware of these new rules. Home Sale If you owned and lived in your home for two of the last five… Read More

With the start of a new year, we’ve been reflecting on the past and looking ahead to the future. What do you see for yourself? How have you considered not only what you want to accomplish, but how you will protect what you are building along the way? No matter what stage in life you’re… Read More

While hearts and flowers may be in the air at this time of year, it’s also a time when people start to reevaluate some of their relationships. Now, no one likes a break-up, but staying in a relationship that is no longer working, isn’t a good plan either. As you think about your many relationships,… Read More

With the deadline to file your taxes just around the corner, now is a great time to evaluate your financial situation. Especially, if you are getting a tax refund. While it may be exciting to get that refund check back from the IRS, recognize that you essentially let the government have use of your money… Read More

In failing to plan, we unknowingly may be planning to fail. The harsh reality is that many people are unsuccessful in their efforts to plan for retirement, not because they picked the wrong investments, but rather because they procrastinated in getting started in the first place. When evaluating how ready you are for retirement, it… Read More