Check us out on BrokerCheck
Are you self-employed? Most U.S. companies are self-owned, and of the more than 30 million small business enterprises, over a quarter of self-owned businesses are big enough to have employees. Being self-employed means dealing with many unique tax challenges, like tax withholding, additional reporting requirements, and more IRS scrutiny. There are some changes that self-employed … Continued →
The Growing Renewable Energy and Efficiency Now (GREEN) Act is in the early stages of development. Recently, the House Ways and Means Committee released a discussion draft aimed at promoting green energy for both individuals and businesses. It details the energy priorities of the majority–mostly investing in renewable energy and reducing carbon emissions. On the … Continued →
Social security has evolved over its 80+ year history from a benefit for retired Americans to a source of supplemental income for more than 63 million people. There are various federal and state tax laws that apply to social security benefits and taxpayers who are new retirees, nearing retirement, or have a spouse who is … Continued →
The end of the year is almost upon us. While the CPAs at Naden/Lean are preparing for tax season, our clients and their families can use this time to wrap up financial loose ends. Some items on this list are obvious and most taxpayers know to look out for them, like charitable contributions and maxing … Continued →
If you’ve been putting estate planning on the back burner, you’re not alone. Only 40 percent of Americans have a will or a trust, according to a recent survey. That leaves the remaining 60 percent without any legal say in how their assets are distributed after death. Most individuals point to procrastination as their top … Continued →