Get your financial and legal team on the same page as you explore gray area deductions to best protect your business.

Q&A with Kristi Nelson, member (partner) at Northwest CPA Group PLLC in Richland.

A glance at key dials on the dashboard of the local economy might conclude that last year was a good one. The population in Benton and Franklin counties registered an increase of about 4,400, with the rate outpacing the state. The number of residents employed grew by about...

The legislation known as the Secure Act of 2019 changed the tax rules for heirs of an individual retirement account (IRA) from someone who passed away on Jan. 1, 2020, or later.

First, it divided these heirs into three different types: eligible designated beneficiaries (EDB), non-designated beneficiaries (NDB) and...

As a senior citizen ages in her home, she begins to understand a problem that has been brewing for years or decades. The house that she bought many moons ago with her husband has slowly appreciated in value over the years. Maybe she bought it in the 1980s...

Deciding if a Roth conversion is the right thing to do is a challenging decision.

At best, a Roth conversion strategy is an annual puzzle to figure out, hoping for the long-term outcome of reducing lifetime taxes.

At worst, it is speculation and guesswork, effectively a hunch. Where is that...

The year 2022 was challenging with the U.S. stock market posting a -19% return and the U.S. bond market not far behind at -13%. However, enough time has passed to where it is beneficial to conduct an after-action review. This isn’t an examination of what the ideal investment...