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All About High Net Worth (9)

Who Are the Latest IRS Targets? A List of 23 Audit Triggers

Many taxpayers ask, "How can I avoid an IRS audit?" There’s no 100% guarantee you won’t be picked, because some tax returns are chosen randomly. However, completing your returns in a timely and accurate fashion with your trusted tax advisor certainly...
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Reducing Transfer Taxes: Could You Benefit From an FLP?

With so many recent changes in the tax laws, it’s more important than ever to look for tax planning strategies that can help reduce future tax liabilities of higher-income taxpayers.
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Reduce Exposure to the 3.8% Net Investment Income Tax by Grouping Business Activities

The Net Investment Income (NII) Tax — part of the Health Care and Education Reconciliation Act of 2010 — continues to affect millions of Americans come tax time.
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IRA Rollovers: Not as Simple as They Might Seem

Rolling over a company retirement plan distribution into an IRA is usually a good idea. It allows you to defer taxes on the rolled-over balance, and the future income earned on that balance, for as long as the money stays in the IRA. However, the IRA...
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