Charitable Giving Archives - Southard Financial

Tag: Charitable Giving

What You Need To Know: Gift & Estate Taxes And Business Transactions In The Era Of Covid-19

Written by Southard Financial on May 15, 2020. Posted in Blog.

By now, most states in the US are open for business to some degree after the COVID-19 lockdowns. Only a handful have yet to reopen their economies. Most are continuing to operate under partial restrictions, but at least many businesses can begin bringing in some sort of revenue.

Charitable Giving helps your Estate Tax Burden

Charitable Giving: 3 Of The Best Ways To Reduce Your Estate Taxes

Written by Southard Financial on January 28, 2020. Posted in Blog.

We recently posted an article about Estate Taxes and how the value of your company affects how much your heirs may have to pay. We pointed out the benefit of having your business properly valued so your heirs know exactly what to expect regarding the value of your estate. We also briefly touched on the idea of transferring portions of your company ownership during your lifetime in order to lessen future tax burdens.