Wealth Strategies Journal

Do More, Better, Faster

Author: Caroline Lisankie

Keeping up with Technology: Solo and Small Firms

At a recent conference in Minnesota called “Strategic Solutions for Solo and Small Firms,” the topic of conversation was technology. The increasingly impersonal nature of everyday transactions requires attorneys in smaller firms to be increasingly versatile in their approach.  As sophisticated software used for legal matters such as estate planning … Continue reading

Recent Report Contests Corporate Tax Burden in the U.S.

Edward D. Kleinbard, a professor at the University of Southern California’s Gould School of Law, insists that the U.S. tax code has been wrongfully accused of burdening corporations and stifling their capacity to compete with international counterparts. In a paper entitled “Competitiveness Has Nothing to Do with it,” Kleinbard … Continue reading

Certain Assets Need Special Consideration

When it comes to estate planning, certain assets warrant additional attention. Four examples to keep in mind are:

Businesses: those that require special licenses or specific kinds of expertise will necessitate the appointment of an individual who is authorized to administer the asset.

Firearms: a licensed trustee will be needed … Continue reading

New Study Finds Financial Planning Linked to Better Health

In a recent New York Times article entitled “Your 401(k) is Healthy.  So Maybe You Are, Too” Matt Richter explores the results of a new study, conducted by researchers from the Olin Business School at Washington University in St. Louis, which revealed that those who take steps to … Continue reading

Updates Made to Statistics of Income TaxStats Table Wizard

The TaxStats Table Wizard allows users to retrieve income statistics and other important data associated with corporations, individuals, tax-exempt organizations, estates, gifts, trusts, etc.

The following updates have been made to the Table Wizard to aid users in gathering information:

1. Corporate data by industry (Forms 1120 and 1120s),  available for … Continue reading

Online Tools Offered by IRS for Year-round Tax Assistance

Tax filing assistance can be found year-round on www.irs.gov.  Whether it’s virtually filing your taxes for free, checking the status of a tax refund, or simply seeking the answer to a tax related question, help is just a click away.  Make filing taxes easier with the following tools:

IRS Continue reading