Posts Tagged ‘individuals’

HSA Plans Endangered in Maryland

A new law passed in Maryland may endanger the future of HSA plans in the state. A Health Savings Account (HSA) provides significant tax benefits for saving toward healthcare expenses. Contributions can be deducted or excluded from taxable income and any earnings on the account are also tax free. The money in the account must…

Read More

Tax Reform – 2017 Planning Opportunities

On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act of 2017.  The Act generally provides for lower tax rates for individuals and businesses while eliminating certain deductions. See the Tax Alert on our website for more details on specific provisions included in the new Act.  While most of the…

Read More

TAX ALERT: Tax Cuts and Jobs Act

The House and Senate Tax Cuts and Jobs Act Conference Committee unveiled its tax reform package on December 15, 2017. The Committee, after a week of negotiations, blended the House and Senate versions of the Tax Cuts and Jobs Act (H.R.1) into one legislative package. GOP leaders predict that Congress will pass this final version…

Read More

Valuation takes center stage when business owners divorce

Splitting up a marital estate can be a long, complicated process, particularly if it includes a private business interest. Fortunately, a valuation professional can provide answers to these critical financial questions: How much is my business interest worth? There are three ways to value a business: the cost, market and income approaches. All of these…

Read More

2015 Year-End Tax Planning Letters for Businesses and Individuals

  BDO has shared their annual Tax Planning Letters for Business and Individuals. See below for links to each of the letters. As an independent member of the BDO Alliance USA, Hertzbach has access to the resources of BDO USA, LLP. To read more about our membership in the BDO Alliance USA, click here. Please call your Hertzbach Tax…

Read More
©2019 HERTZBACH & COMPANY, P.A. All Rights Reserved.