Strict rules govern the timing of retirement account withdrawals. These rules may change in the near future with a new bill moving through Congress, but meanwhile, here’s what you need to know. With a series of recent changes, and some possible future modifications, it can be difficult to keep pace with the withdrawal rules on… Read more
BPW Named Among Accounting Today’s 2022 Top Regional Leaders
Bartlett, Pringle & Wolf, LLP (BPW) is excited to share that the firm was recently named one of the “Top Regional Leaders” by Accounting Today for the seventh year in a row! Each year, Accounting Today releases rankings of top performing accounting firms across the United States and categorizes them within 10 regions. BPW is… Read more
Is Now the Right Time to Invest in Cryptocurrency?
Cryptocurrency has been in the news a lot lately as it continues to gain traction as an alternative currency. Many are considering whether this is the time to invest in cryptocurrency. After all, the IRS has taken notice and has instituted measures to ensure income from cryptocurrency is accurately reported. Recently, Ernst & Young’s “2022… Read more
The Spousal Lifetime Access Trust: A Near-Perfect Tool?
The Spousal Lifetime Access Trust is not one of the better-known trusts but has become a popular estate planning strategy for families. A spousal lifetime access trust (SLAT) is an irrevocable trust that authorizes the trustee to make distributions to a spouse if a need arises. It can be designed to benefit one’s children, grandchildren,… Read more
Advantages of a Cost Segregation Study
Whether putting up a new building or renovating an existing one, companies are discovering that they can strengthen their balance sheets by doing a cost segregation study. A cost segregation study (CSS) helps managers break down and itemize construction and acquisition costs so that they can be allocated to shorter depreciation lives. In other words,… Read more
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