Good News for 529 Plan Savers: More Investment Flexibility
Thanks to new legislation, savers have more investment flexibility in their 529 Plan accounts. Read all about it in this Financial Tip.
Healthy Resolutions Can Pay Off (Literally)
If you made a New Year’s Resolution to get healthy, you may get more bang for your resolution buck than you bargained for. That’s because healthy habits can benefit your wallet as well as your body.
Don’t let 2015 be another year of empty resolutions
The decisions you make today will affect how well you are prepared for what lies ahead. We explain in today’s Marietta Daily Journal. Read the Article
Avoid Tax Surprises: Report Life Changes to the Marketplace
Just as you’d report life changes to the IRS, you’ll also need to report them to the government Health Insurance Marketplace.
When Can You Dump Old Tax Records?
Like all things tax related, the answer is it depends. Generally, the federal statute of limitations can be used to help you determine how long to keep records.
Revised One-Rollover-Per-Year Limit Applies in 2015—IRS Clarifies Rules
The Internal Revenue Code says that if you receive a distribution from an IRA, you can’t make a tax-free (60-day) rollover into another IRA if you’ve already completed a tax-free rollover within the previous one-year (12-month) period. The long-standing position of the IRS was that this rule applied separately to each IRA someone owns. Earlier…
No Matter What Your Age, Your Social Security Statement Matters
Check your Social Security statement for accuracy. Your future benefits are based on earnings reported. Learn more in this Financial Tip.
Getting the Most Out of Employee Business Expense Deductions
Individuals may be able to deduct certain employment expenses as miscellaneous itemized deductions. Learn more in this Business Tip.
Accidentally Disinheriting Heirs
By failing to make our update your Will, you may be accidentally disinheriting your heirs. Learn more in this Financial Tip.
Holiday Research Report
Before you make an investment in Holiday Cheer, tax Dr. Gene’s advice: “Always do your homework.” Hot Chocolate, Jingle Bells, Fruitcake, Wrapping Paper, Poinsettias and the Times Square Ball Drop—See how these have changed over time.