What Are the Different Types of Trusts?

What Are the Different Types of Trusts?

Trusts are used in estate planning to transfer assets to beneficiaries. Trusts have some advantages over wills, including skipping probate. That’s pretty basic. But it gets complicated when you try to figure out which type is right for you. Know the options...
Watch Out for Fake ERC Plans

Watch Out for Fake ERC Plans

You may be aware of widely circulated promotions — ads on radio and the internet — touting refunds involving Employee Retention Credits. The IRS says these are a blatant attempt to con ineligible people to claim the ERC credit. The problem is widespread enough to make...
When You Might Be Contacted by the IRS

When You Might Be Contacted by the IRS

The IRS reaches out in multiple ways. Most IRS contacts will come through regular mail delivered by the USPS. When might the IRS initiate direct contact with you? If you owe taxes — The agency describes the various payment options you can use to help you meet your...
X