Are you making charitable donations between now and year end? If so, it’s important to know how different types of donations impact tax deductions.
Whether the IRS considers your side gig a business or a hobby determines whether you can deduct related expenses. Let's take a closer look.
With a language all its own, estate planning can be overwhelming. We’ve outlined a glossary to help you understand the meaning of estate planning terms.
Are you making charitable donations between now and year end? If so, it’s important to know how different types of donations impact tax deductions.
Whether the IRS considers your side gig a business or a hobby determines whether you can deduct related expenses. Let's take a closer look.
With a language all its own, estate planning can be overwhelming. We’ve outlined a glossary to help you understand the meaning of estate planning terms.
Are you making charitable donations between now and year end? If so, it’s important to know how different types of donations impact tax deductions.
Whether the IRS considers your side gig a business or a hobby determines whether you can deduct related expenses. Let's take a closer look.
With a language all its own, estate planning can be overwhelming. We’ve outlined a glossary to help you understand the meaning of estate planning terms.
Ramsay & Associates first opened its doors 50 years ago. Learn how this local, family-owned accounting firm got from there to here on our latest blog.
One critical yet often overlooked component of an estate plan is a living will. Does your estate plan include a living will? Here’s what to know.
If your business has working animals, you may be able to capitalize on business deductions for your four-legged coworkers. Here are the details.
A change to SALT deductions under the OBBBA will make it beneficial for more taxpayers to itemize deductions on their 2025 returns. Are you one of them?
If you had significant medical expenses last year, we'll explain which are tax deductible and how to take advantage of those when filing your return.
When planning your estate, one of the smartest strategies you can adopt is to minimize or avoid probate. Probate is a legal procedure in which a court establishes the validity of your will, determines the value of your estate, resolves … Continue reading →
The post Estate Planning Tips: 4 Reasons Why Avoiding Probate Is a Smart Move appeared first on Ramsay and Associates.