May 2024: News from LIAFPN members!

We’ve gathered the best insights from our members to share with you each month. Get to know your peers, and get the latest news directly from these industry insiders! Lawrence Scherer, Esq., CPA, LL.M. Taxation   NY Enacts Amended Affirmation Law   A law signed by Governor Hochul in October 2023, with an effective date of January 1, 2024, amended the CPLR to allow affirmations from any person. This brings […]

April 2024: News from LIAFPN members!

We’ve gathered the best insights from our members to share with you each month. Get to know your peers, and get the latest news directly from these industry insiders!   Lawrence Scherer, Esq., CPA, LL.M. Taxation   On March 1, 2024, Northern District Court in Alabama held the Corporate Transparency Act (CTA) unconstitutional. There is specific language in that ruling which seems to only apply as to the Plaintiffs in […]

February 2024: News from LIAFPN members!

We’ve gathered the best insights from our members to share with you each month. Get to know your peers, and get the latest news directly from these industry insiders! Lawrence Scherer, Esq., CPA, LL.M. Taxation Elder Law – ABLE Accounts ABLE accounts serve as an important savings option for people with disabilities who wish to remain eligible for government assistance. These accounts provide people with disabilities the ability to save […]

January 2024: News from LIAFPN members!

We’ve gathered the best insights from our members to share with you each month. Get to know your peers, and get the latest news directly from these industry insiders!   Philip H. Kanyuk CPA/CFF/ABV, ASA Does Your Business Have Value? Many business owners believe that their business ownership represents their most valuable asset and that the value can be recognized in short order once the owner decides to retire and […]

2024 Retirement Planning Guide

The newest edition of W&S Financial Group’s popular Retirement Planning Guide is here. It’s your go-to for contribution limits, eligibility requirements, tax aspects, target markets and more.   Seize this opportunity to elevate your retirement strategy – click Get Guide now to access your copy of the guide and take the first step towards a financially robust retirement.   Get Guide

Tax Advantages of Purchasing a Long-Term Care Policy

Brought to you by Mutual of Omaha   In the ongoing debate over choosing between a stand-alone long-term care insurance policy or a hybrid option, we want to draw your attention to a compelling advantage that may sway your decision—tax deductions. For businesses, especially, this can be a game-changer with the allure of tax-free benefits. Consider the tax advantages available to business owners based on their tax structure: For Self-Employed Business […]

It’s time we revisit “Swap ‘til you drop”

Last week I was in a meeting with a highly respected investment advisor who used the cliché “Swap ‘Til You Drop.” Although I am familiar with the term, I have to admit it struck a particularly strong chord with me this time around. As such, I feel compelled to address its merits. For those unfamiliar with the concept, swapping ‘til you drop refers to a number of investment strategies including […]