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.
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.
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.
As the use of digital assets like cryptocurrencies continues to grow, so does the IRS’s scrutiny of how taxpayers report these transactions on their federal income tax returns. The IRS has flagged this area as a key focus. To … Continue reading →
The post Reporting Digital Assets: What You Need to Know appeared first on Ramsay and Associates.
It’s not uncommon for an estate plan to contain multiple trusts. They can enable you to hold assets for and transfer them to beneficiaries, avoid probate, and possibly reduce estate tax exposure. When drafting a trust, you must appoint a … Continue reading →
The post Why Choosing the Right Trustee Matters appeared first on Ramsay and Associates.
With summer fast approaching, you might be considering hiring young people at your small business. If your children are also looking to earn some extra money, why not put them on the payroll? This move can help you save on … Continue reading →
The post Tax Benefits When You Hire Your Child for a Summer Job appeared first on Ramsay and Associates.