Take Advantage of the IRA-to-Charity Transfer
For 2013, if you are age 70½ and older, you are allowed to make direct distributions (up to $100,000) from your Traditional or Roth IRA account to a charity. Read more in this Tax Strategist.
Your 2013 Tax Bill May Give You a Shocker
Many higher-income taxpayers are in for a shock when their 2013 income tax returns are prepared. In 2013, a significant number of tax increases, and new limitations on deductions, will impact higher income taxpayers. Read more in this Tax Strategist.
Personal Automobile Insurance Policy: Endorsements & Deductibles
You can broaden your personal auto policy coverage or delete certain exclusions by adding an endorsement. Learn how in this Insurance Tip.
Personal Automobile Insurance Policy: Endorsements & Deductibles
You can broaden your personal auto policy coverage or delete certain exclusions by adding an endorsement. Learn how in this Insurance Tip.
Planning Pension Distributions
If you are able to plan your pension withdrawals, you can save considerable tax dollars. Read all about it in this Tax Tip.
Should You Roll Your 401(k) to an IRA?
Investment selection is just one of the many aspects to consider when deciding to roll a 401(k) to an IRA. Read more in this Financial Tip.
Tax Savings Using Cost Segregation
In order to claim substantial reductions in current income tax liabilities and possibly increase cash flow, an investor must first begin by properly classifying investments in a building between real and personal property. Cost segregation allows a taxpayer to separately depreciate components of a building over a shortened depreciation period. For more information on cost segregation and to determine if a study will benefit you, read this C.P.A. Insight.
Plan Sponsor Council of America Releases Annual Survey Results
Only 23.8% of eligible participants took advantage of the catch-up contribution feature in their 401(k) plan. Learn more in our Business Tip.
Be Aware When Buying Mutual Fund Shares in December
Unless you want to pay taxes on money you didn’t earn, be careful when you buy mutual fund shares in December. Read the Article
Henssler Financial Honored with Sam Olens Business Community Service Award
Cobb Chamber recognizes Henssler Financial and 19 other local businesses with the Sam Olens Business Community Service Award. Read More