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Succession issues in the family business

Quite often, in family businesses, the importance of careful planning for the passing of the control and ownership of a family business does not get the attention that it merits.

Charitable giving: is your contribution tax deductible?

When you make charitable contribution, you cannot just assume it's tax deductible, meaning it's going to lower your AGI. Many contributions are tax deductible, but there are some that are nondeductible.