Month: September 2021

cut taxes

It’s Time to Cut Your Taxes: Use Exemptions Now or Pay Later

by
Reading Time: 2 minutes
“Someone’s sitting in the shade today because someone planted a tree a long time ago.” – Warren Buffett   Why Waiting to Plan for Your Estate is a Costly Gamble Let’s cut to the chase:  It’s a gut punch to hand over your hard-earned money to the IRS in the …

Read moreIt’s Time to Cut Your Taxes: Use Exemptions Now or Pay Later

Pro Tax Tips in a Strained Ag Economy

Advisors Urge Tax Planning for New Business Income Concerns

by
Reading Time: 2 minutes
While some of the highly debated tax legislation changes have been omitted from the proposed tax language, there are still a few potential pitfalls and opportunities that need attention right now. KCoe Isom’s tax advisors have assessed the potential tax implications and are recommending that businesses alter year-end tax planning …

Read moreAdvisors Urge Tax Planning for New Business Income Concerns

tax package

How the Newly Proposed Tax Package Impacts Ag: Actions Needed

by
Reading Time: 2 minutes
Yesterday’s proposed tax package by the Democrats in the U.S. House of Representatives was applauded by the agriculture industry as it eliminated the possibility of changes to the step-up in basis.  “We were pleased to see the capital gains tax at death was omitted from this proposed tax language.  It …

Read moreHow the Newly Proposed Tax Package Impacts Ag: Actions Needed