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For many of us, the image evoked by the words "trust fund" is one of wealthy people living on the interest earned on "old money" (i.e., the family trust fund).

While most taxpayers say they are satisfied with their personal interactions with the IRS, public support for IRS funding has declined somewhat in the wake of high-profile controversies surrounding the agency.

You may be one of the many family business owners who can’t imagine ever fully stepping down from your company. You may imagine yourself busy in a mentoring role for many years to come.

While offering to help watch over loved ones may be a natural impulse, guardianship is an obligation that should not be taken lightly.

Tax rates, deductions, and phase outs seem to be changing constantly, making the timing of income and expenses trickier than ever.

The Small Business Administration’s (SBA) website has an online library of electronic publications free for all visitors. These resources may help budding entrepreneurs, as well as seasoned professionals.

An inaccurate appraisal could hinder your ability to receive a fair price for property, increase the likelihood of a tax audit, or result in an inequitable division of property or inappropriate insurance coverage.

At the time of your death, if you have made your estate the beneficiary or retain incidents of ownership in a policy, the proceeds of the policy will generally be included in your estate for federal estate tax purposes.

Recognizing that eldercare can represent a substantial financial burden for families, the federal government allows taxpayers who provide support to a parent or other adult relative to deduct some of these expenses and claim certain tax credits.

Some business owners overlook the hazard to their personal income should they become totally or permanently disabled during their working years.