Are you considering investing in mutual funds or you already have a mutual fund investment account? In 2023, 116 million individual U.S investors owned mutual funds, according to the Investment Company Institute. Despite their popularity, the tax regulations associated with the selling mutual fund shares can be complicated. Review the basic rules Let’s say you […]

The main goal is to ensure your business pays the minimum required estimated tax to avoid penalties for underpayment. Let’s review the rules for computing corporate federal estimated payments. Four possible options The required installment of estimated tax that a corporation must pay to avoid a penalty is the lowest amount determined under one of […]

During strategic planning, business owners and their leadership teams meet to address questions such as “What strategies can we implement to safely grow our company to reach the next level of success?” However, in today’s highly transparent world, companies can be cast in a negative light by inadvertently failing to see the big picture in […]

Are you an older taxpayer who owns a home that has greatly appreciated? At the same time, do you need income? Taking out a reverse mortgage may be a solution for you. Reverse mortgage basics With a reverse mortgage, the borrower does not make payments to the lender to pay down the mortgage principal over […]

Recently, the IRS released new guidance outlining the 2025 inflation-adjusted amounts for Health Savings Accounts (HSAs). These amounts undergo adjustments annually, based on inflation. The adjustments are announced earlier in the year than other inflation-adjusted amounts, allowing employers to get prepared for the upcoming year. Below our team at Rudler breaks out the fundamentals of […]

If you own a business, you are often urged to develop succession plans so their companies will continue into the future, either by passing on to the next generation, or another owner, in a manner that best ensures continued success. Succession planning should best be viewed from three separate but parallel timelines: Ideally, the succession […]

If you are taking care of an elderly relative, there are many rewards. They may include feeling needed, making a difference in the person’s life and allowing the person to receive quality care. In addition to the personal rewards, you may also be eligible for tax breaks. Here’s a rundown of four of them: 1. […]

$1 million in available tax credits will be released and become available on a first come first served basis. Historically, these credits will go fast so you should submit your application as soon as possible but no later than July 7th. The Endow Kentucky Tax Credit allows Kentucky income taxpayers (individuals and businesses) to receive […]

The type of business entity for your business has many implications, including the amount of your tax bill. The most common business structures are sole proprietorships, partnerships, limited liability companies, C corporations and S corporations. Here are four considerations: In some cases, a business may decide to switch from one entity type to another. Although […]

In the ever evolving landscape of customer engagement businesses have been challenged with the sluggishness of traditional feedback methods. There’s now a much faster way of dialoguing with customers and prospects called “conversational marketing.” Maybe you sent out a customer survey and waited weeks or months to gather the data. Or perhaps you launched a […]