Samuel D. Fries

Crypto: What Taxpayers Need to Know

Cryptocurrencies have gone mainstream. You can now invest in them and use them to buy and sell many products and services. However, crypto transactions have important federal tax implications that may not be well understood by everyone. Here's an update on what you need to know about the federal tax issues if you exchange or receive Bitcoin, Ethereum or other cryptocurrencies.

Update on Retirement Account RMDs

If you have a tax-favored retirement account, you generally must take required minimum...

Estate Planning Isn’t Just for the Wealthy

Thanks to today's favorable federal gift and estate tax rules, most people haven't amassed enough...

Midyear Tax Planning for Small Businesses and Owners

Summer isn't just for barbeques and baseball. It's also a good time to think about ways to cut your...

Are Your Social Security Benefits Taxable?

Many retirees have seen their Social Security benefits increase in 2023 due to a cost-of-living...

Ways to Secure Your Estate Plan

Estate planning isn't just for the rich and famous. For example, you may have family heirlooms...

Investor Alert: Tax Impact of Gyrating Markets

The stock markets have experienced significant volatility over the last year, causing many...

Inheriting Money? Considerations for Handling It

After receiving an inheritance, you need to determine how to incorporate those assets, whether...

How Much FDIC Coverage Do You Have?

In early March, Silicon Valley Bank (SVB) and Signature Bank unexpectedly collapsed. They became...

Investors: Know the Basics of Basis Before You Sell

If you're thinking about selling stocks, mutual funds or other investments, you need to first...