The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the 2010 Tax Act) included new gift, estate, and generation-skipping transfer (GST) tax provisions.
Tax planners often develop checklists to guide taxpayers toward year-end strategies that might help reduce taxes. Typically, suggestions are grouped into several different categories, such as "Filing Status" or "Employee Matters," for ease of reading.
As one year winds down and we prepare for a new one, here are some simple tips to help lower your taxes and put you on solid financial footing as we look forward to 2022.
The First Bank Center for Family-Owned Businesses held a webinar on December 14, 2021, discussing the challenges that next generation business leaders face.
As children continue to grow into their tweens, they might consider getting a job to earn more money. As their parent or guardian, you’ll want to ensure their job is age appropriate and that they are getting compensated fairly.
The First Bank Center for Family-Owned Businesses held a webinar on November 9, 2021 discussing the topic of succession planning.
October is National Women’s Small Business Month. As we recognize the significant contributions female business leaders make, it’s equally important to provide some insights for the next generation of aspiring leaders to help foster their growth.