Planning for Succession of a Business Interest
When you want to retire from being a business owner, you will have to sell or give away your business interest. We explain in this week’s Business Tip.
When you want to retire from being a business owner, you will have to sell or give away your business interest. We explain in this week’s Business Tip.
If you own a condo, know what your homeowners insurance policy covers vs. the condo association’s master policy covers. We explain in this week’s Insurance Tip.
Alimony payments are usually taxable for the recipient and deductible for the payer. Learn more in this week’s Tax Tip.
In the last year, more workers said they’re “very confident” they will have a comfortable retirement. Learn more in this week’s Financial Tip.
Our experts discuss the problems that arise when someone else has already filed a fraudulent return and claimed a refund using your Social Security number.
Indices started the week with mixed moves as the Dow dipped on Monday, while the S&P 500 Index and NASDAQ added slight gains. The mixed results were likely due to a variety of economic news. The markets saw a dip in crude oil prices, a belief that earnings are likely to remain weak with S&P companies posting their lowest earnings-per-share growth rate since the financial crisis and support for the Fed’s dovish stance from both the Minneapolis and Chicago Federal Reserve presidents. Stocks surged on Tuesday. Oil prices jumped, and many international markets saw gains. Midweek, U.S. markets were back in the red with Consumer Discretionary stocks taking the biggest hit. Thursday, both the S&P and Dow were nearly flat. The weekly Jobless Claims unexpectedly increased as the Department of Labor couldn’t point to any special factors. The four-week moving average still increased, but remained consistent with solid monthly job growth. Friday saw the markets decline yet again. Overall for the week, the markets ended down.
Don’t believe just because you were auto enrolled in your 401(k) that it is set-it-and-forget-it. Bil Lako, CFP® explains in today’s Marietta Daily Journal. Read the Article.
The PATH Act extended bonus depreciation and made the Section 179 deduction’s higher expensing amount permanent. Read more in this week’s Business Tip.
If you receive Medicaid waiver payments for caring for an individual, these payments may not be taxable as income. Learn more in this week’s Insurance Tip.
Outsized refund or huge tax bill? Adjusting your W-4 may help eliminate surprises next tax season. We explain in this week’s Tax Tip.