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Vrakas CPAs, Here Are Your Articles for Wednesday, September 13, 2017
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Vrakas Updates

What's new at Vrakas? Well, a variety of events have been taking place. Vrakas Business Valuations is now hiring, Vrakas sponsored another event for a great cause and the firm brought back its summer picnic. Click on the picture to learn more >>>

Hobby vs. Business: Where Do You Draw the Line?

You buy and sell rare stamps: Is this a business or just a hobby? The answer can be complicated. Click through for an introduction to IRS guidance on the differences between a business and a hobby.

Life Insurance Trusts: Powerful Tax-Savings Vehicles

If an estate is large enough, it can get hit by federal and state estate taxes. Fortunately, a life insurance trust can let you plan around these taxes. Click through for an introduction to this useful estate planning tool.

It's Time to Organize Your Estate

No matter what age you are, it's not too early or too late to get a handle on your estate, to make sure it passes smoothly to your spouse, children, and any charities. Click through to learn how to get started.

A Shrewd Way to Give: The Donor-Advised Fund

Think of DAFs as halfway between a private foundation and a simple bank account. They can be very useful systems for the philanthropically minded. Click through to learn what DAFs are, and how they work.

Local Entertainment And Events Calendar

You’ll always know where the fun’s going on with our interactive local events calendar featuring social sharing, images, videos and ticket links. Click through to see what's happening or to add your own local events.

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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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