Rich, Wightman & Company CPAs, LLC

If you’re a partner in a partnership business, can you deduct expenses you incur on your personal tax return? Here are the rules. https://lnkd.in/gPeD57ZR

If you own a vacation home, perhaps you’re ready to sell it. What are the tax implications? Here are the rules if you sell at a profit. Read the full article: https://lnkd.in/gUUEFdA3

The Family Business Alliance estimates that roughly 80% to 90% of all businesses in North America are family owned. But most of them aren’t run like public companies. Here’s how business valuation pros adjust their methods to account for the differences. Read the full Valuation Brief: https://lnkd.in/dqheYaR4

Tax Season is a demanding time...That is why the partners at Rich, Wightman & Company scheduled a cool visit from #konaice_vegasvalley. Some of us had two servings. Thank you to #konaice_vegasvalley and the partners of Rich, Wightman & Company. A good time was had by all!

Your estate plan may include health care powers of attorney or advance directives to address physical incapacity. Did you know that a psychiatric advance directive can address mental incapacity? Read more: https://lnkd.in/dcHarWzE

Businesses: Do you expect federal income tax rates to go up, go down or stay the same in the future? If you think your rates could go up, here are some considerations. Read the full article: https://lnkd.in/gUiMR8yf

Property you inherit generally isn’t included in income for tax purposes. However, there are certain items that may have to be included. Here’s the story. https://lnkd.in/gU8cfxGe

Understanding fraud concealment methods can help you nab thieves before your business suffers debilitating losses. Learn how thieves hide their actions and how methods can relate to a perpetrator’s identity. Read the full Fraud Brief: https://lnkd.in/g9cvAXSz

A split annuity can provide peace of mind by offering a fixed income stream during retirement while preserving your wealth for your loved ones after you’re gone. Read more: https://lnkd.in/gh7_tnAs

If you’re a business owner without a retirement plan, establishing one is simpler than you may think. And there still may be time to set one up for LAST year, depending on your situation. Read the full article: https://lnkd.in/gaxAJZrJ