Avoiding Probate
Creating a revocable living trust keeps heirs out of probate court and ensures financial data stays private.
Creating a revocable living trust keeps heirs out of probate court and ensures financial data stays private.
Our international tax consultants assist clients with complete tax planning, return preparation and filing to ensure U.S. and foreign compliance.
It is easy to forget to spend remaining funds in Flexible Spending Accounts (FSAs) before January 1, 2017. By failing to observe the “use-it-or-lose-it rule,” money could be forfeited if there is money left over in your accounts, unless a special provision applies.
Three teams from Wallace, Plese + Dreher participated in the Fit Company Challenge – Phoenix 2016 and competed against nine other Arizona companies. Team participants included a variety of ages and fitness levels and worked together to complete three courses for their team. Courses focused on strength, agility, full-body conditioning, speed, and endurance. Examples of course stations included planks, burpees, sit-ups, kettlebell swings, push-ups, inverted rows, sandbell slams, sprint and agility relays, and three-mile runs.
Effective November 1, 2016, Dennis, Schmich & Co., Ltd. combined with Wallace, Plese + Dreher. All four partners, Murray P. Mindlin, CPA, J.D., L.L.M., Hilarie H. Pierce, CPA, Steven F. Buel, CPA, and Nikki M. Kuretich, CPA, joined WP+D.
Mark Dreher recognized as one of the most influential leaders in accounting and Arizona business community.
A special set of federal income tax rules applies to fringe benefits provided by a partnership to its partners in exchange for their services to the business. The same set of rules also applies to multi-member LLCs because they are treated as partnerships for federal tax purposes.
Performing self-audits on retirement plans can avoid common deficiencies found by the IRS and Department of Labor.
Considering setting up a family limited partnership ( FLP) or transferring additional interests into an existing one? You may want to act now before year end.
If you recently inherited an IRA with other beneficiaries, the rules regarding required minimum distributions (RMDs) may not be optimal for everyone. Particularly, if the beneficiaries are multiple beneficiaries or the inherited IRA lists a charity as a beneficiary.
Wallace, Plese + Dreher elected three new partners, Randy G. Brammer, CPA, CCIFP, Michelle L. Flynn, CPA, and Sara B. Nance, CPA, effective July 1, 2016, bringing the Firm’s total partners to nine.
Wallace, Plese + Dreher (WP+D) Voted No. 1 Accounting Firm by Ranking Arizona: The Best of Arizona Business 2016.
You may have heard people say you should “avoid probate” in your estate and wondered: What does that mean? This article discusses probate issues and ways to avoid them.
In 2016, the Baby Boomer generation will turn 59 years old and be eligible to withdraw funds from their qualified retirement funds without incurring the 10% early withdrawal penalty. Many may not be ready for full retirement. Preparing for retirement takes planning and financial matters for retirement should not be ignored.
In December 2015, Wallace, Plese + Dreher (WP+D) designated Mark Dreher as managing partner. Scott Wallace, former managing partner since 1997, remains a partner and dedicates time to serving clients and business development.
Many factors impact the length of time it takes to close an estate, including size, complexity, and state law. Sometimes, estate proceedings continue to be open for years with no end in sight. As an executor, personal representative, or heir of an estate, you should be aware of a few general guidelines for closing an estate.
Take a disciplined approach to determine the best choice for running a family-owned business. Current senior owners should consider applying seven common-sense steps.
Wallace, Plese + Dreher announces new partner, William G. Miles, CPA, CFP.
Wallace, Plese + Dreher congratulates 8 professionals on their well-deserved promotions.
Wallace, Plese + Dreher (WP+D) is among Arizona Republic’s 2015 top 10 mid-sized accounting firms and Michelle Flynn is honored as top-ranking woman in chosen category.