Tax Hive Blog

Enjoy these timely and informative articles that can help you make informed decisions about your business.

Biden Tax Plan Highlights
Biden Tax Plan Highlights
Though the electoral college has not made it official yet, and there is a lot of evidence of voting irregularities, as this goes out, it sti …
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4 Key Considerations in Asset Protection
4 Key Considerations in Asset Protection
Most people put almost daily effort into building their income and future. It is almost at the top of our list of priorities, with only fami …
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Disbursing Your Estate—The Three Phases
Disbursing Your Estate—The Three Phases
We work HARD for the money! I think there is even a song that says that, but it is so true. Whether you earn through working as an employee, …
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The Tax Tug-O-War
The Tax Tug-O-War
For all the negative statements that people make about the IRS, it must be admitted that they have clearly mapped out their rules in over 90 …
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Retirement Plans - "Non-Qualified"
Retirement Plans - "Non-Qualified"
It usually takes a while for the bureaucracy to catch up with the business world, and the IRS has in accepting digital or computerized recor …
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Understanding Non-Qualified Retirement Plans
Understanding Non-Qualified Retirement Plans
The Employee Retirement Income Security Acti, ERISAii, sets out the rules for determining whether a retirement account is “qualified,” or “n …
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Understanding Qualified Retirement Plans
Understanding Qualified Retirement Plans
Employers can create two main types of retirement plans for their employees. They are either classed as Qualified or Non-qualified. Qualifie …
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If You Owe the IRS, They Have Tossed You a Bone
If You Owe the IRS, They Have Tossed You a Bone
On November 2, 2020, the IRS announced relief measures for taxpayers with tax debti. With the pandemic cited as the primary reason, the IRS …
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The Only Good Debt is Profitable Debt – 3 Ways to Get There
The Only Good Debt is Profitable Debt – 3 Ways to Get There
Running a business involves a lot of financial decision-making, and some of it involves whether to take on debt and if so, what type. Some o …
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