Tax Reform’s 20% Tax Break for Pass Through Entities - Exceptions Apply! The Tax Cuts and Jobs Act lowered the corporate tax rate to 21% while individual rates remained higher for individuals. This proved to be a problem for sole proprietors, partnerships, LLCs, trusts and other owners of pass-through entities like S-Corporations. So Congress, with...
North Palm Beach, FL (September 18, 2017) - Disaster Unemployment Assistance (DUA) is a federally funded benefit program that assists individuals who become unemployed because of a disaster. DUA is available to Florida businesses and residents whose employment or self-employment was lost or because of Hurricane Irma. Upon Governor Scott’s request for assistance, President Donald...
Life Insurance Is An Important Asset Which Should Be Managed! Based on a study by the National Association of Insurance Commissioners, over 60% of people who own life insurance are not sure what the policy provides, and 29% admitted that they needed more insurance! Today’s life insurance policies are complex financial instruments and should be...
Enjoy Expanded Tax Benefits for Depreciation and Expensing Tax Reform has impacted depreciation and expensing for nearly every business and entrepreneur. The Tax Cuts and Jobs Act changes allow business owners and the self-employed to write off the cost of machinery, equipment and other property more quickly. Here are some highlights: 100% First-Year “Bonus” Depreciation...
Dealing with physician burnout – why is it so prevalent for so many practitioners in medicine in this new millennium? Being a physician is a demanding job with serious responsibilities. Add to that the fact that patients are often chronically ill, sometimes treatment doesn’t work, and occasionally patients die — that is a heavy burden...
