When Disaster Strikes: Deducting Casualty Losses
Tornado hit your house? You may be able to claim a casualty loss deduction on your federal income tax return. We explain in this week’s Insurance Tip.
Stocks Post Gains
Indices traded well into the green zone on Wednesday. Technology stocks led the way up amid the release of varied economic data.
Proving Noncash Charitable Contributions
When donating goods, the fair market value you claim can be challenged, and the burden of proof is with you. Learn more in this week’s Tax Tip.
Brands Rise
Trading on Tuesday closed with gains. Technology brands such as Alphabet, Microsoft, Facebook and Alibaba stepped up on a variety of economic news.
Six Potential 401(k) Rollover Pitfalls
Planning to roll over your 401(k) to an IRA? We explain six potential pitfalls to watch out for in this week’s Financial Tip.
A Mixed Monday
Indices closed with mixed moves on Monday. The Dow and S&P 500 tacked on slight gains, while the Nasdaq shed some points. Moves were mixed ahead of economic details due later this week.
As a Non Spouse Beneficiary of an IRA, You have Several Options
If withdrawals are not taken from an inherited IRA in a timely manner, the funds could be subject to a 50% penalty tax. We explain in today’s Marietta Daily Journal. Read the Article
Employers: Important Due Date Approaching
Another tax form? Yep. Applicable large employers have to file a 1095-C to report health coverage offered to employees. Learn more in this week’s Business Tip.
A Mixed Session
Trading closed out with mixed results on Thursday. Late day momentum resulted in gains for the Dow and Nasdaq, while the S&P 500 ended in the red zone.
What information will I need before shopping for an auto insurance policy?
You’ve been putting off shopping for auto insurance. It’s not that hard. We offer some guidelines to make it easier in this week’s Insurance Tip.