San Ramon, California-based Armanino LLP will merge with St. Louis-based Brown Smith Wallace effective Aug. 1, 2021, the firms announced Wednesday. The deal adds Brown Smith Wallace’s strong presence in the Midwest to Armanino’s home base in California, as well as its growing operations in the Pacific Northwest, Texas, and the Chicago area. “We think […]
Archives for 2021
AM News Brief: Temple Square Reopening, Drought Orders & Accounting For COVID Deaths In Indian Country – KUER 90.1
Wednesday morning, June 9, 2021 State Drought Conditions Could Lead To July 4 Fireworks Ban Gov. Spencer Cox issued another executive order Tuesday aimed at water conservation. It requires state facilities in northern Utah to water their lawns just twice a week. In southern Utah, it’s three times a week. Ninety percent of the state […]
When Does It Make Sense To Choose “Married Filing Separately” On My Taxes?
Some married couples choose to combine all their finances. Others prefer to keep some or all of their accounts separate. But most of the time, married couples file one joint tax return. You don’t have to do it that way, but it usually means you’ll pay less taxes — though not always. Married Filing Separately […]
When Does It Make Sense To Choose “Married Filing Separately” On My Taxes?
Some married couples choose to combine all their finances. Others prefer to keep some or all of their accounts separate. But most of the time, married couples file one joint tax return. You don’t have to do it that way, but it usually means you’ll pay less taxes — though not always. Married Filing Separately […]
Maximizing Split-Interest Charitable Deductions With New Pooled Income Funds Over CRTs
Executive Summary Split-interest gifting has long been a staple of charitable tax planning for affluent individuals, where assets are “split” between individual beneficiaries (e.g., the donor themselves or their family members) and charitable beneficiaries. At its core, the appeal of such split-interest vehicles – particularly the ‘charitable remainder’ type – is the opportunity to claim […]
Maximizing Split-Interest Charitable Deductions With New Pooled Income Funds Over CRTs
Executive Summary Split-interest gifting has long been a staple of charitable tax planning for affluent individuals, where assets are “split” between individual beneficiaries (e.g., the donor themselves or their family members) and charitable beneficiaries. At its core, the appeal of such split-interest vehicles – particularly the ‘charitable remainder’ type – is the opportunity to claim […]
Donor-advised funds aren’t just for affluent investors
In a sign of resiliency and an example of a nation coming together in the wake of COVID-19, many Americans have amplified their usual donations to charities — and in some cases have made their first charitable contribution. Further good news is that the market for charitable contributions has been able to accommodate the growth, […]
What CPAs must do at the first financial planning meeting
More than most accounting professionals, CPA financial planners delve into the intimate details of their clients’ lives. In fact, for a financial planning engagement to be successful, clients must allow themselves to be vulnerable — sharing their personal and financial habits, certainly, but also their hopes, dreams, and goals. The initial planning meeting is therefore […]
What CPAs must do at the first financial planning meeting
More than most accounting professionals, CPA financial planners delve into the intimate details of their clients’ lives. In fact, for a financial planning engagement to be successful, clients must allow themselves to be vulnerable — sharing their personal and financial habits, certainly, but also their hopes, dreams, and goals. The initial planning meeting is therefore […]
Treasury yields ebb lower as investor focus turns to inflation data
U.S. Treasury yields ebbed lower early on Wednesday, despite an anticipated rise in inflation, with data due out tomorrow morning. The yield on the benchmark 10-year Treasury note fell to 1.513% at 4 a.m. ET. The yield on the 30-year Treasury bond dipped to 2.194%. Yields move inversely to prices. The consumer price index for […]