August 1, 2016

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In this Month's Advisor:
Monthly Tax Tip
Trust Issues
Financial Toll of Alzheimer's
A "CPA" and a Ponzi Scheme
Accountant or Celebrity
Monthly Recipe

Around the Office:

While kids are relaxing on their Summer break, learning never stops around Edgar and Edgar CPAs. Hunter is busy studying for the Series 65 exam, which will allow him to provide personal financial planning services to our clients. Elizabeth is studying for the Enrolled Agent (EA) exam. In addition to deepening her knowledge of taxes, the EA will allow her to provide more support to clients dealing with IRS issues. Matt recently attended the AICPA's annual Tax Strategies for High Income Individuals Conference.

This Month's E² Advisor features articles on trusts, dealing with the financial challenges of Alzheimer's, and information on a few celebrities, plus a fun Summer drink recipe. Don't forget to forward, share, tweet or pin our newsletter. Happy Back to School.

Monthly Tax Tip:

Save all those receipts and statements from Summer camp, it may get you a nice little tax deduction.

Forward

Do You Have Trust Issues?

A trust can be an excellent means to manage your wealth. It allows one to control how and in what manner their assets are passed down to their heirs, as well as possibly save on taxes. Despite the prevalence of trusts (over 180,000 trusts filed a return in Texas alone in 2014), there’s a lot of confusion over how and when a trust is taxed, and what the tax implications are for beneficiaries

The Financial Toll of Alzheimer's

An increasing portion of Americans over 60 are being diagnosed with Alzheimer’s and Dementia each year, and the effects can be devastating, for both those diagnosed and their loved ones. In addition to the physical and emotional toll it can take, it can also wreak havoc with a family’s financial situation.

Accountant or Celebrity?

What do Kenny G., "The Iceman", a Beauty Queen, Mick Jagger, and a 15th Century friar have in common?
Read More ...

Monthly Recipe

What happens when you blend fine rum with the juicy taste of ripe peaches? You've got the makings of the perfect peach daiquiri.