If you haven’t done so already, you’ll want to start pulling things together— that includes getting your hands on a copy of your 2017 tax return and gathering W-2s, 1099s, and deduction records. You’ll need these records whether you’re preparing your own return or paying someone else to prepare your tax return for you. Don’t…
You have until your tax return due date (not including extensions) to contribute up to $5,500 for 2018 ($6,500 if you were age 50 or older on December 31, 2018). For most taxpayers, the contribution deadline for 2018 is April 15, 2019 (April 17 for taxpayers who live in Maine or Massachusetts) You can contribute…
Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Research Analyst Jacob Keen and Senior Associate Jarrett McKenzie, CFP®, CWS®, to discuss an investor’s situation where she is fully invested in target-date funds outside of her 401(k).
Henssler Associate Melanie Wells, CFP®, answers our “Money Talks” question of the week, “How can I reduce my spending?”
MARCH 2019. KENNESAW, Ga.— Henssler Financial has been named a Top Workplace Achiever by The Atlanta Journal Constitution in their 2019 Top Workplaces Awards. The Top Workplaces lists are based solely on the results of an employee feedback survey administered by Energage, a Philadelphia-based employee research and consulting firm. Roughly 255 metro Atlanta companies agreed…
MARCH 2019. KENNESAW, Ga.— Eight bright interns joined Henssler Financial for our Spring Internship program across four departments.
In today’s Marietta Daily Journal, Bil Lako, CFP®, shares his thoughts on the tax diversification of your retirement funds. Should you be saving all to your 401(k)? What if you want to retire early and access your retirement funds sooner? Read the Article This article is for demonstrative and academic purposes and is meant to…
Many of the changes can affect the bottom line for the business as well as you as the business owner — some in a good way and some in a bad way. 1. The taxable income of a C corporation is now taxed at a flat 21% rate. Previously, the tax rates generally ranged from 15%…
There’s no way to know the answer to that without reviewing your individual circumstances and financial goals. However, if you are investing too conservatively, it can have a profound effect on your long-term financial security. How you should be investing depends on many factors, such as: How able are you to tolerate risk? How soon…
Welcome to 2019 and a delayed provision of the tax reform, also known as the Tax Cuts and Jobs Act (TCJA). For divorce agreements entered into after December 31, 2018, or pre-existing agreements that are modified after that date to expressly provide that alimony received is not included in the recipient’s income, alimony will no…