Frequent flyer miles earned through business travel can raise questions about whether employees' personal use of rewards counts as taxable income. We revisit the IRS's longstanding enforcement policy and explain notable exceptions, the tax treatment of cash and cash-equivalent rewards, and why employers should adopt clear travel rewards policies.

It's unfortunate that so many different terms fall under the umbrella of a "health care directive." This can cause confusion around an important aspect of your estate plan. In a nutshell, a health care directive allows you to communicate your preferences in advance for medical care in the event you're incapacitated and cannot express your wishes. This article covers the various terms that are associated with health care directives.

If you own residential real estate, renting it to family members at a discount may seem like a good way to help loved ones in need. But you should be aware of the tax perils. A misstep can lead to the loss of significant tax deductions. Here's how the tax rules for rentals to unrelated parties compare to those that apply to family rentals.

Asset protection planning and estate planning go hand-in-hand. Indeed, you want to retain and pass as much of your wealth to your family as possible. Protecting your assets against frivolous lawsuits or baseless creditors' claims is possible by incorporating asset protection strategies into your estate plan. This article details five action steps to take, from the simple to the complex.