BLS Insights

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Month: March 2016

Sharing is Caring – Elect Portability

March 17, 2016

George Steinbrenner, the former Yankees owner, was in the news in 2010 when he died during a period of time when the estate tax was repealed, but the rest of us will likely not be as lucky (bad word choice?) as the estate tax appears to be around for the foreseeable future.

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The Tax Effect of Rolling Over After-Tax Contributions in Retirement Plans

March 09, 2016

When taxpayers mix pre-tax and after-tax contributions in the same retirement account such as a 401(k) or other defined contribution retirement plan, withdraws and rollovers can have unintended tax consequences if not properly planned.

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How to Validate Certain Business Expenses

March 08, 2016

Nonprofits, just like for profit organizations, incur expenses for travel, meals and entertainment, gifts, and transportation.

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Donating Your House to Charity

March 03, 2016

Are you a generous person that regularly donates cash to qualified charitable organizations?

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