IRA Charitable Donations Are an Alternative to Taxable Required Distributions

IRA-charitable-donations

Are you charitably minded and have a significant amount of money in an IRA? If you’re age 70½ or older (and don’t need the money from required minimum distributions) you may benefit by giving these amounts to charity. IRA distribution basics A popular way to transfer IRA assets to charity is through a tax provision […]

Thinking About Converting From a C Corporation to an S Corporation?

converting-from-a-C-corporation-to-an-S-corporation

Choosing the right entity can make a difference in the tax bill you owe for your business. Although S corporations can provide substantial tax advantages over C corporations in some circumstances, there are plenty of potentially expensive tax problems you should assess before making the decision to convert from a C corporation to an S […]