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.
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.
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
Cobb Chamber recognizes Henssler Financial and 19 other local businesses with the Sam Olens Business Community Service Award. Read More
Your auto insurance policy generally covers you if you’re in an accident, but there are incidents that are not covered. Read more in this Insurance Tip.