Women and Estate Planning
They say men are from Mars and women are from Venus, but is this true when it comes to estate planning? Find out in this week’s Financial Tip.
Greece’s Woes Give U.S. Markets a Little Shake-up Midweek
Dr. Gene and Ted Parrish, CFA discuss the week’s events including earnings and the Fed’s minutes from its last monetary policy meeting.
Tax Advantages to Employing Your Children
Employing your children in your sole proprietorship or partnership can provide significant tax advantages, including exemptions from FICA and FUTA taxes, the opportunity to shelter income through their standard deduction, and the potential for long-term financial growth through contributions to a Roth IRA.
Q&A Time: Total Market Funds, PepsiCo and Taxes on Dividends
The “Money Talks” hosts discuss listeners’ questions regarding using only one fund and ETF for diversification; why investors should hold PepsiCo, and Obama’s proposed tax increase on dividends.
Creating Entity to Hold Real Estate Separately
Creating a separate entity, such as a partnership, to hold your real estate provides both insurance and tax advantages. Read more in this Business Tip.
Are Withdrawals from a Cash Value Life Insurance Policy Ever Tax Free?
Before you withdraw from your cash value life insurance policy, be aware of your basis and any surrender charges. Learn more in this week’s Insurance Tip.
If I Work at Home Occasionally, am I Entitled to a Home Office Deduction?
You have a home office, but can you deduct it on your taxes? Before you do, make sure you pass two tests from the IRS. Find out in this week’s Tax Tip.
Growth vs. Value: What's the Difference?
You should understand what you are buying when choosing between a growth or value stock for your portfolio. Find out more in this week’s Financial Tip.
Friday’s Greek Riots Wipe Out Week’s Gains
While jobs growth has been flat for the past eight months, we are seeing signs of improvement, and the markets are responding in kind.
Increase in Tax Audits and Prepaid Audit Services
Tax expert Emily Cowan, C.P.A. joins “Money Talks” to warn listeners about increased IRS audits and shares how to respond to an inquiry letter.