In the recent Tax Court case Estate of Anne Milner Fields v. Commissioner, a complex estate planning scenario involving a Texas oil heiress has underscored
When it comes to filing your taxes, claiming dependents can significantly reduce your taxable income, often leading to valuable tax credits and deductions. But, determining
For many business owners, early retirement can seem like an enticing option or an inevitable necessity. However, stepping away from your business before reaching age
When it comes to estate planning, business owners have unique considerations that go beyond personal assets. With the estate tax exclusion amount set at $13.61
If you’re paying alimony as part of a divorce or separation, it’s important to understand the tax rules that govern these payments, especially after recent