Hobby or Business? It Makes a Difference for Taxes
You make money from your YouTube videos, but are you a business for profit or is this just a hobby? It matters to the IRS. We explain in this week’s Business Tip.
What happens if my Medicare HMO goes out of business?
If your Medicare HMO goes out of business, you have several choices to make, but a short window to make them. We explain in this week’s Insurance Tip.
The IRS Has Become More Liberal With College Expenses
The IRS has expanded what falls under “qualified higher education expenses” for 529 Plans. Read all about it in this week’s Tax Tip.
In the News: With women living longer, more financial planning may be needed
In today’s Marietta Daily Journal: Per Bil Lako, CFP®, women, who statistically live longer, may need more financial planning.
Elusive Employee Business Expense Tax Deduction
Self-employed individuals benefit by deducting their business expenses directly on their business schedule. Read more in this week’s Business Tip.
Are You Prepared for Long-Term Care Expenses?
Chances are high that you or a loved one will need long-term care. Are you prepared for the expense? Learn more in this week’s Insurance Tip.
Borrowing Money to Finance an Education?
Borrowing funds to finance an education? You may consider a borrowing against your home because of the tax benefits. We explain in this week’s Tax Tip.
Considering a New Employment Opportunity
Despite the time and energy you spend evaluating, the hardest part is deciding whether to accept the job offer. We explain in this week’s Financial Tip.
In the News: Profitable Businesses have an Opportunity to Optimize Tax Situation for 2017
In today’s Marietta Daily Journal: Per Bil Lako, CFP®, small businesses can make moves to minimize their tax situation for 2017.
Social Security and Medicare Trustees Reports: Financial Challenges Continue
Latest reports indicate both the Social Security and Medicare Trust Funds still face financial challenges. Read more in this week’s Insurance Tip.