Friedman + Huey is committed to keeping our clients up-to-date on the issues that impact them the most. From general accounting news, to regulatory updates that affect high net worth individuals and estates, we’ve got you covered.
The Importance of A Family-Owned Business Succession Plan
Discussions about succession planning in family-owned corporations often focus on ways to groom heirs to eventually lead. It may be true that the next generation can...
Medicare Premiums Are On the Up and Up In 2021 and Here’s Why.
Have you looked at your Medicare premiums and deductibles and thought, "Hmm...these seem more expensive than I thought." You're not alone. Others are scratching their...
The Only Sure Things In Life Are Death and Taxes. Too Bad They Aren’t In That Order!
Got an extra $11.7 million laying around? Listen up! It's time to get your checkbooks ready, because estate tax restrictions for the 2021 tax year...
A statement on donut holes, and not the kind you eat.
Imagine you’re holding your favorite donut right now. You close your eyes and take the first bite; warm, gooey dough. Then you bite again; nothing. One more time; you...
Thinking about opting in for an IP PIN?
Prior to the start of the new year, the IRS issued IP PINs - Identity Protection Personal Identification Numbers - to individuals who had their identities stolen or...
Orange You Glad I Didn’t Say Taxes?
Yep, we’re back for more on President Biden’s Proposed American Families Plan. Discussion of the plan is usually over its increase of taxes on the wealthy, while...
When Should I Actually Start Claiming Social Security?
There are a lot of rumors going around about Social Security. Some people are worried about whether it will be around when they’re ready for it, and others are unsure...