A revocable living trust, or RLT, offers many benefits, including probate avoidance, privacy, and flexibility in managing assets during one’s life, incapacity, and death. However, despite their popularity as an estate planning tool, there are many misconceptions surrounding revocable trusts that lead to confusion and misunderstandings. Watch this video to learn about the top six misconceptions.
Many economists are predicting that the US economy will experience a downturn, if not a recession, in 2023. A downturn can lead to job loss, reduced income, and financial insecurity. While it’s impossible to predict the future with certainty, there are steps you can take to protect your finances during a downturn.
Operational excellence plays an integral role in advancing family office goals and strategy.
Such an increase would follow a series of 75 basis-point increases and would lift the Fed’s policy rate to a range between 4.25% and 4.5%.
Isler CPA is committed to timely completion of tax filings throughout the year. In order to meet these standards, we ask our clients to provide documentation and workpapers to us…
When establishing a retirement plan, be sure to avoid common missteps when setting up your company’s retirement plan.
A great way to reduce taxable income while saving for the future is by contributing to an Individual Retirement Account. Learn about IRAs including the deadline to contribute, limits and tax deductibility.
Explore the potential impacts of House-proposed tax changes on wealthy and high-income individuals and strategies to lessen the effects.
One aspect of the American Rescue Plan signed into law in March included an extension of the child tax credit to send aid to families.
Contact our tax team
Eric Bell, CPA, MST
Partner
Joseph Lewis, CPA, JD
Partner
Glenn Munro, CPA
Partner Emeritus
Mary J. Fipps, CPA
Estate & Trust Director Emeritus