All successful business owners must eventually face a stark reality: One day, they will no longer run their business! If this idea makes you uneasy, you aren’t alone. Today, we’ll […]
Cash is not King – what to do with excess Cash??
We’re certainly discussing inflation and the volatility of the markets in many meetings lately. A specific point of those conversations is about what to do with any extra cash clients have […]
Tax Rates: Where are they going?
While it may not feel like it, tax rates are historically favorable now. Current proposals being discussed in Congress suggest that changes are coming. Rates might be out of your control, […]
What’s the Point of Asset Protection?
As a successful business owner, you know how important asset protection is. However, many business owners look past an important question when protecting their assets: “Why am I doing this?” […]
‘American Families Plan’ tax considerations
On April 28, the White House released the “American Families Plan.” While these changes are still speculative, we have the opportunity to plan ahead and better position ourselves for the […]
What’s next for income taxes?
As tax filing season wraps up, we find many clients asking, “What will my tax bill look like next year?” We certainly don’t pretend to know what Congress will do, but the […]
Tax Reporting Mailing Dates
You should expect your tax forms from The Trust Company of Tennessee to be postmarked on, or before, the following dates. If you have any questions, please contact your Relationship Manager.
Potential tax changes under Biden administration
During his presidential campaign, Joe Biden outlined his tax policy proposals1, which included rolling back key provisions from the Tax Cuts and Jobs Act (TCJA). An analysis by the Tax […]
Beware of ‘smishing’
Similar to a “phishing” scam — where computer users receive an authentic-looking email that appears to be from a trusted organization – “smishing” messages are sent to you via SMS (text message) on your mobile phone.
Year-end financial steps to take now
Regardless of your phase in life, there are opportunities to maximize your tax efficiencies and improve your long-term financial outlook by taking action before year end.
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