Business as a Sole Proprietor—Filing Schedule C
The dream is to be your own boss and work for yourself. However, with that dream comes with self employment taxes, Schedule Cs and many accounting decisions.
Reporting Capital Gains or Losses
Capital gains or losses come from the sale of a capital asset. However, the IRS considers more than just your stocks and mutual funds capital assets.
Questions and Answers about Social Security
Sure you pay Social Security taxes, but how much do you know about the actual program? Learn more in this Financial Tip.
Dow Closed above 14,000
The markets closed the week on a strong note with the Dow above 14,000 for the first time in nearly six years.
’12 Tax Act has more provisions
In today’s Marietta Daily Journal, Bil Lako, CFP®, highlights more tax law provisions including estate tax and mortgage debt relief. Read the Article This article is meant to provide valuable background information on particular investments, NOT a recommendation to buy. The investments referenced within this article may currently be traded by Henssler Financial. All material presented…
A History of U.S. Taxes—The Political Discussion
As the subject of taxes is often political, history shows top earners generally pay more taxes.
Sale of Sole Proprietorship
Capital gains are generally taxed, but if you’re selling a sole proprietorship, you may have some flexibility. Read more in this Business Tip.
I'm going on a cruise—should I purchase travel insurance?
Tired of the cold and snow? Before you escape to warmer climates, could you afford it if you had to cancel the trip? Learn more in this Insurance Tip.
Don’t Forget Those Nominee 1099s
It’s an honor to be a nominee…or that is what award shows will have you think. But what if we’re talking 1099s? Learn more in this Tax Tip.
Teach Your Children Well: Basic Financial Education
A child’s financial education can start before they can count. As a parent, they look at you as a financial role model. Read all about it in this Financial Tip.