Managing Associate, Shawna L. Theriault, CFP®, C.P.A., brings to the table a case study on a family that is wondering if the home office tax deduction will benefit them when the husband accepts a telecommuting position at work. She and hosts Troy Harmon, CFA, CVA, and Senior Associate Jarrett McKenzie, CFP®, CWS®, discuss the IRS requirements for a home office deduction and what are considered deductible expenses.
Market indices closed Monday with mixed results; however, movement was relatively flat, likely a result of light trading. The Dow Jones Industrial Average and S&P 500 ended marginally lower while the NASDAQ added fractional gains.
In today’s Marietta Daily Journal, Bil Lako, CFP®, explains the benefit of having tax diversified retirement assets. Read the Article
Businesses shouldn’t overlook deducting parking and tolls, and state and local property taxes paid for business vehicles. Read more in this week’s Business Tip.
House Republicans have revealed their replacement for the Affordable Care Act. Read highlights of the proposed changes in this week’s Insurance Tip.
Antsy to get your hands on your tax refund? Opt for direct deposit to receive it faster. Read all about it in this week’s Tax Tip.
A spending plan puts you in charge of how your money is being spent and gives you a sense of control. We explain in this week’s Financial Tip.
Principals Jennifer Thomas, CFP®, and Bil Lako, CFP®, are joined by Director of Research Troy Harmon, CFA, CVA, to discuss a common problem of investors who save the majority of their retirement funds in tax deferred accounts: taxes. They look at how required minimum distributions can bump a taxpayer into a higher bracket and the importance of having tax-diversification in your portfolio.
The markets opened the week mixed as investors anticipated the Federal Reserve to raise interest rates later in the week.
There’s no magic solution to ensure a successful business. We explain some of the common reasons that small businesses fail in this week’s Business Tip.