Many people question whether they really need to meet with an estate planning counselor, create a will, or name beneficiaries. Perhaps they just don’t own a lot of assets, or they’re comfortable with allowing the state to apply default actions after their death. Whatever the reason, those who doubt the necessity of estate planning often do so because they lack information about what estate planning actually is. Read More
Many small business owners believe that a Certified Public Accountant (CPA) is not a necessity due to the fact that they are too small, can handle the finances themselves, have a part-time bookkeeper to handle the accounting, etc. In reality, small businesses are those that benefit the most from the expertise of a CPA. Read More
Read the latest newsletter from AICPA, which provides a breakdown of the 2019 tax reform, and includes a quick reference guide.