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If you have lost your spouse but haven’t yet reached full retirement age, be sure you aren’t leaving significant Social Security benefits on the table before making final decisions about your claim. There may be an opportunity for increased Social Security benefits and so it’s prudent to...
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If you own a business or are self-employed, you are required to send an IRS Form 1099-NEC or a 1099-MISC to...
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President Biden signed the 2023 Fiscal Year Budget on December 29, 2022, which includes the SECURE Act 2.0. The bill is part of the recently passed $1.7 trillion fiscal package and aims to continue updating the laws governing retirement accounts following the changes made by the earlier Secure Act
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The Internal Revenue Service has announced 2023 annual inflation adjustments for the annual gift tax exclusion and lifetime exemption amount. Uniquely high inflation makes 2023 an interesting year.
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We hope you and your loved ones are healthy and happy this holiday season. 2022 has been an exciting and busy year for O’Leary-Guth Law Office, S.C. (we call ourselves the “OLG team”). As this year nears its end, the OLG team has much to celebrate, reflect upon, and share with you.
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On January 1, 2023 a new updated version of Wis. Stat. chapter 179 (Uniform Limited Partnership Act) takes effect to reflect the most current version of the Uniform Limited Partnership Act promulgated by the Uniform Law Commission (ULC). In addition, a new version of Wis. Stat. chapter 183 (Limited Liability Companies) will take effect to reflect the ULC’s Uniform Limited Liability…
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