by briesterer@thinkvisionary.com | Jul 7, 2023 | Newsletter, Webinars
When selling your business, it’s the net number that counts. Succession Stories host Laurie Barkman focuses on tax strategies to consider when selling a business and speaks with two colleagues from Wessel & Company, a regional tax and accounting firm in...
by briesterer@thinkvisionary.com | Jul 6, 2023 | Individuals, Newsletter, Tax
May 1 is the traditional deadline for undergraduate students to commit to their college of choice, which means tuition payments are not far behind. If you are wondering if your child’s scholarships are taxable, here is what you should know. What Is a...
by briesterer@thinkvisionary.com | Jul 6, 2023 | Individuals, Newsletter, Tax
Hobby activities are a source of income for many taxpayers. As a reminder, this income must be reported on tax returns. But the reporting rules are different than for income from a for-profit business. For one thing, hobbyists can’t deduct their hobby expenses....
by briesterer@thinkvisionary.com | Jul 5, 2023 | Business, Newsletter, Tax
At some point, most small business owners will visit a bank or other lending institution to borrow money. Understanding what your bank wants and how to approach it properly can mean the difference between getting a loan for expansion or scrambling to find cash from...
by briesterer@thinkvisionary.com | Jul 3, 2023 | Individuals, Newsletter, Tax
Home equity represents a significant portion of the average retiree’s wealth. If you’re 62 or older and house-rich but cash-poor, a reverse mortgage loan allows you to convert part of the equity in your home into cash – without having to sell your...
