Business · June 22, 2026

Raising the estate tax exemption sounds like good news, and for many business owners, it is. But while everyone celebrates the headline, a quieter tax change is already reshaping some business succession plans. Certain trusts can now face new deduction limits at surprisingly low income levels, changing what ultimately reaches the next generation. The biggest risk may not be the law you know about, but the one you never thought to ask about.

Business · June 05, 2026

Helping your child through college often feels like a personal expense. For some business owners, it may be hiding in the wrong place entirely. A little-known IRS strategy could allow a family business to pay up to $5,250 of an adult child's qualified education expenses tax-free, but only if the structure, employment status, and paperwork are handled correctly. The opportunity is not the benefit itself. It's knowing the rules before an innocent shortcut turns a tax-saving strategy into an expens