Financial Poise

Accounting, Audit, & Tax

An axehead chops a stump, symbolizing the 2017 tax cut and jobs act

Tax Cut and Jobs Act: Expectations Met and Unrealized

Expectations were high for the Tax Cut and Jobs Act in 2017. Were those expectations met? How the tax reform actually affects you and your business in 2019.

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Similar but not identical row houses, representinglike-kind exchanges, a real estate swap mechanisms

The Economic Consequences of 1031 Exchanges: 5 Myths Debunked

1031 exchanges are not cop-outs for the wealthy. Like-kind exchanges actually stimulate the economy. Here are 4 myths about 1031 exchanges, debunked.

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EBIDTA

EBITDA: What Does it Say and Not Say?

Learn how EBITDA, or earnings before interest, taxes, depreciation and amortization, facilitates financial comparison among companies in the same sector.

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qualified business income

Qualified Business Income: What to Expect from New Sec. 199A Updates

What Qualifies as Qualified Business Income? In the six months following the passage of the landmark Tax Cuts and Jobs Act, the business community has been anxiously awaiting clarifications on certain aspects of the legislation. Specifically, the area that defines qualified business income. Now, guidance is finally on the way. In summer 2018, the IRS […]

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IRA rollover, ira rollover rules

Little-Known IRA Rollover Rule Has Big Consequences

Knowing your IRA rollover rules can minimize unexpected taxes and penalties. Find out why traditional IRA rollovers aren’t as simple as they seem.

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tax-efficient portfolio investing client

Tax-Efficient Portfolio Management: Tips and Tricks for Investors

Fiduciaries must also offer a careful review of the probable tax impact of any investment strategy — without a tax-efficient focus, their work remains incomplete.

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Tax Strategy for High Net Worth Families

Multi-Generational Tax Strategy for High Net Worth Families

For high net worth families looking for a robust, multi-generational tax strategy, private placement insurance and variable annuity contracts are a viable solution.

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FASB revenue recognition TRUMP

New Revenue Recognition Standards to Impact Wide Array of Business Practices

The Financial Accounting Standards Board (FASB) recently changed revenue recognition standards, introducing many new aspects that accountants need to understand as they advise their clients in 2017.

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Will President Trump repeal the Estate Tax

Will President Trump Repeal the Estate Tax?

Will President Donald Trump repeal the Estate Tax? The truth is, thanks to the estate tax exemption, most Americans already experience a de facto repeal.

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In Trump Administration, Private Placement Insurance Has a Rising Role

In Trump Administration, Private Placement Insurance Has a Rising Role

This article introduces the private placement life insurance industry and reveals planning opportunities for its products in a Trump presidency—especially in light of his proposed tax reforms.

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