by Lori Bowden | Mar 30, 2025 | Financial Planning
The term “sandwich generation” was coined to describe baby boomers caught between caring for their aging parents and their children. Today, it most commonly applies to Generation Xers and older Millennials. If you’re caught in the middle, it might be time for honest...
by briesterer | Mar 4, 2025 | Financial Planning, Tax & Accounting
If you own or manage a business with employees, you could be personally responsible for paying a harsh tax penalty. It’s called the Trust Fund Recovery Penalty (TFRP). It applies to the mishandling of Social Security and income taxes that must be withheld from...
by briesterer | Mar 2, 2025 | Financial Planning, Tax & Accounting
If you’re preparing to file your 2024 federal income tax return and your tax bill is higher than you’d expected or your tax refund is smaller than you’d hoped, there might still be an opportunity to change it. If you qualify, you can make a deductible contribution to...
by Lori Bowden | Feb 13, 2025 | Auditing, Financial Planning, Tax & Accounting
We are pleased to announce that Chuck Stanislawski and his staff have joined TWHC. The combined team will continue to operate as TWHC. TWHC welcomes Chuck’s entire team and looks forward to our collaboration as one. Charles Stanislawski & Co. shares the same...
by Lori Bowden | Sep 3, 2024 | Financial Planning
If you’re a business owner, your company is likely your most valuable asset. To ensure it survives after you’re gone, you first need a succession plan that will provide a smooth transition of the business to one or more of your children (assuming you want to keep it...
by Lori Bowden | Jul 3, 2024 | Financial Planning
Businesses that operate in the retail or restaurant spheres have it relatively easy when it comes to collections. They generally take payments right at a point-of-sale terminal and customers go on their merry way. For other types of companies, it’s not so easy....