A successful family business can provide long-term financial security for you as its owner, as well as for your loved ones. To improve the chances that your company will continue to benefit your heirs after you’re gone, take steps now to keep it in the family.
Topics: estate planning, Family Business, Strategies, Uncategorized
Good news for wealthy taxpayers who seek to avoid the 40% federal estate tax: The IRS has announced an increase in the estate and gift tax exemption for 2017, to $5.49 million per individual, up from $5.45 million in 2016.
Topics: estate planning, gift tax, Tax, Uncategorized
While failing to plan may be the the most common mistake in estate planning, creating a plan that is too complex or inflexible can create problems as well. In a recent article, Tim Agnew, Managing Director of Smith & Howard Wealth Management discussed five common estate planning mistakes he encounters. Check out his article to find out the other three and see if it might be helpful to discuss your estate plan with one of our professionals.
Topics: estate planning, estate planning mistakes, Tax, Uncategorized
Georgia's nonprofits recognize Smith & Howard as the premier nonprofit CPA firm in Atlanta and throughout our state. Nonprofits benefit from our nonprofit accounting knowledge and expertise in audits, tax Form 990, board governance and strategic planning. Our significant nonprofit client family is an extension of Smith & Howard’s interest in, and commitment to, our community. No one knows, understands or is as committed to nonprofits as the nonprofit accounting team at Smith & Howard.
