Articles From Lumsden McCormick
Posted by Kevin Smeader on June 11, 2019
The free use of a company car is one of the best perks an employee may receive as part of a compensation package, but the benefit to the employee isn't completely “free” under current tax law.
Posted by Megan Morris on June 11, 2019
The so-called “gig economy” challenges conventional practices between companies and the people who perform the work. A key question is: Are these workers independent contractors or employees?
Posted by Michael Grimaldi on June 11, 2019
Certain assets and liabilities must be reported at fair value, rather than historic cost. Find out what the term “fair value” means, how it differs from other standards and why you shouldn’t recycle a valuation.
Posted by Cheryl A. Jankowski on June 11, 2019
Estate planning isn't just for the rich and famous. While it's true that the Tax Cuts and Jobs Act (TCJA) provides generous estate tax relief, even for well-to-do families, the need for estate planning has not been eliminated. There are still numerous reasons to develop a comprehensive estate plan and regularly update it.
Posted by Robert Ingrasci on June 10, 2019
When a loved one who was “financially comfortable” passes away, his or her family must deal with the emotional issues that come with the loss — as well as winding up the decedent's financial affairs.