View from the Lake
Where Financial Planning meets the Real World
Which state do I pay tax to if I’m spending time in more than one state?
For those that spend time living in more than one start during the year, determining which state is entitled to collect tax can be a tricky area of tax law. Whether you moved to a new state during the year, spend several months per year in two or more states, or have been working remotely […] Read More
Covid canceled our Christmas Party!
What’s a Shakespeare team to do when we are forced to miss out on having our FAVORITE event of the year – a time when we get to see so many of your friendly faces and enjoy spending time with you outside of the office? Well, I’ll tell you what! Shakespeare is going to give […] Read More
COVID-19 Relief Bill to Provide $900 Billion in Relief
The Consolidated Appropriates Act was passed by Congress and signed into law by the President on December 22. The bill provides relief to individuals, families and businesses who may still be struggling due to COVID-related issues. Some of the key provisions of this legislation include: Economic Impact Payments. Payments of $600 for individuals with adjusted […] Read More
Establishing Residency for State Tax Purposes
This article is the first of a two-part series. Part 1 focuses on how to establish residency for state tax purposes. Part 2 focuses on the tax impact of changing state residency. We are commonly asked questions surrounding how to establish tax residency in a new state. Whether buying a new primary home, purchasing a […] Read More
Guest Blog – Home Care Assistance v. Assisted Living: Which is Better?
Home Care Assistance v. Assisted Living: Which is Better? This conversation occurs on the regular with clients and Elder Care Advocates on the Vesta Senior Network team. Who can blame her for not wanting to leave the home that she has lived in for 40, 50 or even more years? Honestly, I remember when my […] Read More
Year-End Charitable Giving Reminders
2020 has been a unique year in many aspects. COVID-19 has created many problems, including delays in processing certain transactions. As we approach year-end and you think about any final charitable donations you want to make for this tax year, it’s important to have a plan in place for making a timely donation. Be sure that you make those donations early enough so that […] Read More
Wisconsin Announces Phase 2 of the “We’re All In” Initiative to Help Small Businesses
Earlier this year, the state of Wisconsin announced $75 million in assistance for small businesses as part of the Wisconsin Economic Development Corporation’s (WEDC) “We’re All In” initiative. Because of its popularity, coupled with the fact that Wisconsin businesses continue to struggle through the pandemic, Wisconsin has made an additional $50 million available to businesses […] Read More
