by receptionist@theKFORDgroup.com | Apr 1, 2025 | Newsletters
You can generally divide most assets, including cash and business ownership interests, between you and your soon-to-be ex-spouse without any federal income or gift tax consequences. When an asset falls under this rule, the spouse who receives the asset takes over its...
by receptionist@theKFORDgroup.com | Mar 18, 2025 | Newsletters
Current economic volatility — as evidenced by rising costs, upticks in interest rates, bank failures and geopolitical risks — adds an element of uncertainty when estimating business value. So, even established businesses can’t necessarily count on historical profit...
by receptionist@theKFORDgroup.com | Mar 11, 2025 | Newsletters
Big news from the Treasury Department—as of March 2, 2025, the Corporate Transparency Act (CTA) and its associated Beneficial Ownership Information (BOI) reporting requirements will no longer be enforced. What’s Changed? The Treasury Department announced...
by receptionist@theKFORDgroup.com | Feb 18, 2025 | Newsletters
The News: The Social Security Fairness Act was signed into law on January 5, 2025, eliminating the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). The individuals most affected are: Schoolteachers Firefighters Police officers Old...
by receptionist@theKFORDgroup.com | Feb 5, 2025 | Newsletters
When sales are strong and market conditions are favorable, business operations tend to run smoothly. However, economic uncertainty can take a toll on a private business — and shareholder relations. Owners may be at odds about how to handle unexpected changes in market...
by receptionist@theKFORDgroup.com | Jan 21, 2025 | Newsletters
As we embark on a new year, it’s essential to stay informed about the latest tax developments that may impact your financial strategies. Below are the most recent updates and considerations for individuals and families: 1. Increased Contribution Limits for Retirement...
