The kiddie tax: Does it affect your family?

The kiddie tax: Does it affect your family?

The kiddie tax: Does it affect your family? Many people wonder how they can save taxes by transferring assets into their children’s names. This tax strategy is called income shifting. It seeks to take income out of your higher tax bracket and place it in the lower tax...
Weathering the storm of rising inflation

Weathering the storm of rising inflation

Weathering the storm of rising inflation Like a slowly gathering storm, inflation has gone from dark clouds on the horizon to a noticeable downpour on both the U.S. and global economies. Is it time for business owners to panic? Not at all. As of this writing, a...