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.

How Strategic Is Your Estimated Tax Payment Game Plan? 

How Strategic Is Your Estimated Tax Payment Game Plan? 

Many people mistakenly believe tax withholding will be adequate and possibly guess at a “cushion” for estimated quarterly tax payments. A second mistake is thinking the IRS means what they say in using the term “quarterly.” If only it were that straightforward.  

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Lost Property: The Unintended Tax Consequences

Lost Property: The Unintended Tax Consequences

Many people are fortunate enough to have their valuable collections (whether it be art, coins, baseball cards, etc.) covered by insurance; however, they need to consider the unintended tax consequences of how they spend their insurance proceeds.

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