[See our Disclaimers page about relying on this website’s contents.] All of our ancestors conducted business by paying with cash. When we were younger, our parents told us that it was irresponsible to live without carrying substantial amounts of cash. Those beliefs may have been valid in the past, but doing business without keeping a […]

[See our Disclaimers page about relying on this website’s contents.] Congress changes federal tax law almost every year. Some changes are very dramatic, and other changes are so subtle that tax lawyers must scour them to find the nuances. Federal tax law changes for the 2015 tax year (affecting income tax returns filed in 2016) […]

Retirement plans, annuities, and life insurance policies are great tools to accumulate and protect wealth for some people. However, all investments require some attention to details regarding beneficiary designations and ownership choices. None of these tools fits everyone and some tools can be inappropriate for some people. A knowledgeable estate planning attorney uses these financial […]

[See our Disclaimers page about relying on this website’s contents.] Managing someone else’s business when they die or become disabled can take you on a scavenger hunt. You may not know what you need to find or where to find it. To make a tough job worse, privacy laws severely limit the ability of banks […]

[See our Disclaimers page about relying on this website’s contents.] Clients ask from time to time how long they should keep copies of their records. They often say that they have heard that you should keep records for 3 years or 7 years or 10 years. This article provides record retention guidelines for various purposes […]

[See our Disclaimers page about relying on this website’s contents.] Many farmers have already planned their next crop by the time their fall harvest ends. With wildly variable grain and livestock market prices and input costs, pennies quickly add up to dollars – whether as expenses or revenue. Planning to reduce expenses and avoid losses […]