Bott & Associates, Ltd.

Did you know about the employee retention credit? It’s still around–and better than ever. The second relief bill, passed at the end of 2020, contains updates to the employee retention credit, a refundable payroll tax credit. Each option has its…

As the IRS explains, if you are a U.S. citizen or resident alien, the rules for filing income, estate, and gift tax returns and paying estimated taxes are generally the same whether you are in the United States or abroad.…

Everyone wants to protect their families, even after they pass from this world. That’s the purpose of estate plans that include a will or trust. But how do you know whether all of the elements of a good plan are…

When a company is involved in mergers and acquisitions, either as a buyer or a target, analyzing the prospective transaction to determine if it makes sense for shareholders is critical. Knowing the basics of when or if a deal makes…

Probating a will can turn into a drawn-out process, and unfortunately, you can’t always avoid multiple probate processes. When a person dies and leaves property in one state to someone in a different state, it is typically necessary to obtain…

As investors’ positions tank due to their investment style, their attitudes begin to morph. What likely began as an enthusiastic purchase becomes an increasingly heavy burden. All the while, investors say prayers that are typically along the lines of “Please,…

Before you can create an estate plan, you need to answer the following questions: What makes up my estate? Your estate consists of all the assets you possess at the time of your death, including: Securities Real estate Interest in…

Before you can apply for a mortgage, you will need to have a better grasp on what your options are and which of these mortgages is most appropriate for a given situation. You need to think about both your current…