Debunking The Top 5 Myths About IRS Tax Refunds
- David Greene
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Tax season often brings anxiety and uncertainty for many Americans. While some concerns are legitimate, others are fueled by persistent myths and misconceptions. Let’s set the record straight on some common misunderstandings, including: Several misleading myths about how to get…
How South Carolina Families Can Plan Their Post-Holiday Finances
- David Greene
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In this article, you can discover… The benefits of viewing your finances at the start of a new year. How to be prepared for the upcoming tax season. How estate planning can factor into your New Year’s plans. Why Is…
What is the Trust Fund Penalty
- David Greene
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The Trust Fund Penalty (TFP) is not really a penalty added to delinquent tax but is instead a portion of the payroll taxes a company is required to collect from employees and pay to the IRS. It only applies to…
Can I Leave Money For My Pet In South Carolina?
- David Greene
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In this article, you will discover: Why you should establish a trust for your pet’s care after your death How to establish a trust for your pet How to plan for any leftover pet trust funds What Options Are Available…
What Is The Stepped-Up Basis Rule In Estate Planning?
- David Greene
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In this guide, you will learn the following: What the stepped-up basis rule is, and why it is important. The assets that are eligible for a stepped-up basis adjustment in South Carolina. How the stepped-up basis affects capital gains taxes….
How To Prepare For Tax Season As A First-Time Homeowner In South Carolina
- David Greene
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For many in South Carolina, buying a home symbolizes a fresh start—marking the beginning of stability and genuine adulthood. However, homeownership also brings specific tax implications that can significantly impact your finances. This article covers: The tax benefits available to…
Common Estate Planning Errors That Will Cost Your Family Money
- David Greene
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This article will discuss: How errors in estate plans and beneficiary designation can cost your family money and lead to disputes. How to avoid the unnecessary costs and taxes that accompany estate planning. How often your estate plans should be…
5 Tax Preparation Mistakes That Could Trigger An IRS Audit For South Carolina Residents
- David Greene
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Taxes are notoriously complicated to file, but even just one of these many mistakes can trigger an audit and an avalanche of problems and expenses. This article will help you avoid these five mistakes, including: Why excessive deductions could land…
How To Structure A Trust For A Family Member With Addiction Issues
- David Greene
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In this article, you will discover: How to structure a discretionary trust for the benefit of someone with addiction The definition and benefits of a spendthrift clause How you can set aside funds in a trust for therapy or treatment…
How To Prepare For Your First Estate Planning Consultation
- David Greene
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This guide covers the following important points: The documents you should bring to your first estate planning consultation. How to prepare an accurate list of assets for estate planning. Some of the questions you should expect to answer during your…