2023 Year-End Tax Planning for Individuals
With rising interest rates, inflation, and continuing market volatility, tax planning is as essential as ever for taxpayers looking to manage cash flow while paying the least amount of taxes possible over time. As we approach yearend, now is the time for individuals, business owners, and family offices to review their 2023 and 2024 tax […]
2023 Taxable Fringe Benefits Reminder
As the end of 2023 quickly approaches, we would like to remind you of the importance of reporting the proper inclusion of common fringe benefits in an employee’s, officer’s, and/or shareholder’s taxable wages.
May 8, 2023/Tax, Family Wealth
We May Never See a Better Environment for Transferring Wealth … Here’s Why
A unique opportunity to maximize the amount of wealth that can be tax-efficiently passed to heirs will expire at the end of 2025.
January Tax Filing Information
As the end of 2022 quickly approaches, we would like to remind you of the importance of reporting the proper inclusion of common fringe benefits in an employee’s, officer’s, and/or shareholder’s taxable wages.
December 29, 2022/Accounting and Auditing, Tax, Press Release
Smith Leonard PLLC Names Three New Partners
Smith Leonard is pleased to announce Patrick Willis as its newest Tax Partner/Member. He is a key technical resource for the firm, a mentor to many staff members, and an integral part of the tax leadership team.
December 22, 2022/Tax, Press Release, Accounting and Auditing
Smith Leonard Adds New Team Members
Smith Leonard is delighted to announce the addition of Jennifer Barbee-White and Jeanette Balazsi to the SL team.
2022 Taxable Fringe Benefits Reminder
As the end of 2022 quickly approaches, we would like to remind you of the importance of reporting the proper inclusion of common fringe benefits in an employee’s, officer’s, and/or shareholder’s taxable wages.
January Tax Filing Information
As we ring in the new year, SL would like to remind you that January tax filings are just around the corner. In addition to annual W-2’s, this alert highlights several of the upcoming filing requirements for payroll and other informational reporting and compliance matters.
December 15, 2021/Tax, Press Release
Announcing Patrick Willis as Partner
Smith Leonard is pleased to announce Patrick Willis as its newest Tax Partner/Member. He is a key technical resource for the firm, a mentor to many staff members, and an integral part of the tax leadership team.
2021 Reminder Regarding Common Taxable Fringe Benefits
As 2021 draws to a close, we would like to remind you of the importance of reporting the proper inclusion of common fringe benefits in taxable wages for employees, officers, and shareholders. Fringe benefits are defined as a form of pay-for-performance of services given by a company to its employees as a benefit and must be included in an employee’s pay unless specifically excluded by law.