Taking Advantage of Back-door Roth IRAs
High-income earners can still fund a Roth IRA because there are no income limits for traditional IRA conversions. We explain in this week’s Tax Tip.
IRA and Retirement Plan Limits for 2017
For 2017, income limits increased for determining traditional IRA deductible contributions and Roth IRA eligibility. We explain in this week’s Financial Tip.
Investing with a Fixed-Income Focus
In today’s Marietta Daily Journal: When dipping into principal, take from the portion that is protected from market fluctuations. Read the Article
Quickbooks: Can't Keep Up with Bills?
There are more pleasant accounting tasks than paying bills, but QuickBooks Online organizes and simplifies this critical chore. We explain in this special QuickBooks Tip.
Is it possible to name a charity as the beneficiary of my life insurance policy?
If you’re charitably inclined, you can use life insurance to benefit your favorite non-profit. Read all about it in this week’s Insurance Tip.
Hobbies and Income Tax
Make a few bucks on the side doing what you love? The tax treatment of hobbies is quite different than a business. We explain in this week’s Tax Tip.
Pretax, Roth or After-Tax Contributions: Which Should You Choose?
Saving for retirement is key, but should you save pretax or after-tax dollars? We explain in this week’s Financial Tip.
Tax Loss Harvesting: More than Just Selling the Losers
In today’s Marietta Daily Journal, Bil Lako, CFP® explains the risks to tax loss harvesting and why you need an expert’s help. Read the Article
Small Business Reminder: De Minimis Expense Election Required
Businesses have until Dec. 31 to adopt the de minimis expense election. Learn more in this week’s Business Tip.
Seniors Beware, Affordable Care Act Will Be Cutting Your Medical Deductions
In 2017, seniors will only be able to allow a medical expense deduction that exceeds 10% of their AGI. Read all about it in this week’s Insurance Tip.