Generally, when we have clients come in who are self-employed, we ask that they provide us with a profit and loss statement for their business. The bankruptcy court looks at the last six months before filing. I’ll generally ask clients just to put together a simple revenue versus expenses, profit and loss sheet, and that’s basically how we come up with the income
Florida Community Property Trust Act: Why the Double Step-Up in Basis Is a Game-Changer for Married Couples in 2026
Tax planning has become an increasingly important part of estate planning, particularly for married couples who have accumulated significant wealth through investments, real estate, or business ownership. One of the most powerful tax advantages available today is the...