Tax advantages of qualified charitable distributions

   INSIGHTS Tax advantages of qualified charitable distributions by Larson Gross ARTICLE | August 02, 2022 An individual retirement account (IRA) is a powerful retirement saving tool. But once you reach age 72, you must begin taking distributions, which are not only...

How a family limited partnership is used in estate planning

   INSIGHTS How a family limited partnership is used in estate planning by Larson Gross ARTICLE | July 27, 2022 Families with significant or fast-growing assets are often concerned about minimizing estate taxes, protecting assets against creditors, and succession...
IRS Announces Increases for HSAs and HDHPs in 2023

IRS Announces Increases for HSAs and HDHPs in 2023

   INSIGHTS IRS Announces Increases for HSAs and HDHPs in 2023 by Larson Gross ARTICLE | June 28, 2022 The IRS recently released new contribution limits for 2023 health savings accounts (HSAs) and excepted benefit health reimbursement arrangements (EBHRA) and new...
What is the Work Opportunity Tax Credit (WOTC)?

What is the Work Opportunity Tax Credit (WOTC)?

   INSIGHTS What is the Work Opportunity Tax Credit (WOTC)? by Larson Gross July 21, 2022 Bringing more people into the workforce is one of the best ways for the government and businesses alike to build a stronger economy. To that end, the federal government created...
The Power of Budgeting in Agriculture

The Power of Budgeting in Agriculture

   INSIGHTS The Power of Budgeting in Agriculture by Klayton Tjoelker, CPA May 23, 2022 Agricultural operators can greatly benefit from budgeting, which can simplify decision-making and streamline operations. But what is a budget and exactly how does it add value? To...