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Consider WARN Act Legalities If You Need to Lay Off Employees

Consider WARN Act Legalities If You Need to Lay Off Employees

by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning

As COVID cases spike to record-setting levels here in Maine and across the country, mass immunization likely months away and talks of financial relief still a work-in-progress at the federal level, many businesses in the state may be facing challenging times and...
How the New USMCA Trade Agreement Will Affect Maine Businesses

How the New USMCA Trade Agreement Will Affect Maine Businesses

by Royer Advisors | Dec 11, 2024 | Financial Planning, Uncategorized

In about a month, on July 1st, the United States-Mexico-Canada Agreement (USMCA) will take effect. This new, far-reaching trade agreement updates many of the provisions of the North American Free Trade Agreement (NAFTA), which has been in place now for 26 years. While...
The IRS Releases this Year’s Top Tax Scams

The IRS Releases this Year’s Top Tax Scams

by Royer Advisors | Dec 11, 2024 | Financial Planning, Fraud Prevention, Tax Planning

The IRS compiles and shares a list of common tax scams each year. This year, with the COVID-19 pandemic complicating tax matters in numerous ways, scammers are becoming more aggressive and sophisticated in their methods. Here are some of the scams you should look out...
What Divorcing Homeowners Need to Know

What Divorcing Homeowners Need to Know

by Royer Advisors | Dec 11, 2024 | Divorce Litigation, Exemptions, Financial Planning, Tax Planning

The COVID-19 pandemic has impacted nearly every facet of life — including our relationships. Some reports indicated the stress of the crisis, combined with people’s close and constant contact with their spouse might be to blame for some recent divorces. A...
Tax Rules that Apply to Home-to-Rental Conversions

Tax Rules that Apply to Home-to-Rental Conversions

by Royer Advisors | Dec 11, 2024 | Financial Planning, Tax Planning

A recent report by Apartment Guide found that Maine had the 3rd largest increase in rent in the country last year. With Portland and the surrounding area experiencing a great deal of growth and development, that may not come as a surprise to many. If you own your home...
Consider Taxes When Dividing Up Retirement Accounts in Divorce

Consider Taxes When Dividing Up Retirement Accounts in Divorce

by Royer Advisors | Dec 11, 2024 | Divorce Litigation, Financial Planning, Tax Planning

While the divorce rate in Maine is below the national average, it is still common. Divorce is obviously an emotionally and personally impactful event. But beyond that, it is also a financially impactful one. A divorce can create negative tax consequences, especially...
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Recent Posts

  • New York Appellate Court Affirms Award of 20% of Appreciation of Business During Marriage to Wife and Awards Maintenance to Wife
  • Expert’s Testimony Is Excluded as to Solvency—Adjustments to the Balance Sheet of Debtor Were Inappropriate
  • North Carolina Court of Appeals Affirms Trial Court as to Inclusion of Personal Goodwill
  • U.S. Tax Court Allows a Charitable Contribution Deduction for a Land Easement But Also Applies a Gross Valuation Misstatement Penalty
  • Appellate Court (Michigan) Orders a Second Remand to Value a Tax Loss Carryforward

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