Increased Business-Vehicle Deductions Due to Tax Reform
Tax reform has brought about significant changes in the way that vehicle use is deducted for business purposes. Read more in this week’s Business Tip.
How will I ever pay off my student loans?
Repaying student loans is an important financial obligation. But doing so can take many years of dedication and sacrifice. We walk you through some options in this Question of the Week.
Federal Income Tax Returns Due for Most Individuals
The federal income tax filing deadline for most individuals is Monday, April 15, 2019. We go over highlights in this week’s Tax Tip.
The Fed Hits the Brakes: No Rate Hikes Projected in 2019
The FOMC has raised the funds rate nine times since December 2015, with four increases in 2018 alone. March projections suggest that there may be no rate increases in 2019 at all. We explain in this week’s Financial Tip.
Liquid Investment Options for Your Emergency Reserves
This week on “Money Talks,” your hosts delve into a couple’s situation where they are increasing their emergency reserve and want to protect the purchasing power of their liquidity. The planners discuss why it may not be best to chase the highest yield and the different cash equivalents for short-term money.
Apr 2019 Market Minute: Interest Rates, Near Inversion of Yield Curve, China
For April 2019, we’re keeping our focus on three main areas: The Fed’s pause on interest rate hikes and unwinding of their balance sheet, the near inversion of the yield curve and the economic slowdown in China.
Business Owners & Landlords: Are You Collecting the Needed W-9s?
If you use independent contractors for your business or rental, for each individual whom you pay $600 or more for the year, you are required to issue a Form 1099-MISC to avoid losing the deduction for their labor and expenses. We explain in this week’s Business Tip.
What do I do if I Can’t Pay My Tax Bill?
You thought you were getting a refund and SURPRISE…You Owe! If you owe the IRS, but can’t pay the bill, we explain your options in this Question of the Week.
A Government Shutdown Isn’t Going to Save You From an IRS Audit
The government shutdown earlier this year doesn’t mean your chances of getting audited are lower. Read this week’s Tax Tip to learn about some common IRS audit red flags.
Buy-Sell Agreements—Part of Your Business Succession Plan
This week on “Money Talks,” your hosts discuss the circumstances of a business owner who has a 10-year plan to transition his ownership to employees but is concerned about what can happen in that time. They discuss buy-sell agreements, which are contracts to buy and sell a departing business owner’s interest.