Creating Entity to Hold Real Estate Separately
Creating a separate entity, such as a partnership, to hold your real estate provides both insurance and tax advantages. Read more in this Business Tip.
Creating a separate entity, such as a partnership, to hold your real estate provides both insurance and tax advantages. Read more in this Business Tip.
Before you withdraw from your cash value life insurance policy, be aware of your basis and any surrender charges. Learn more in this week’s Insurance Tip.
You have a home office, but can you deduct it on your taxes? Before you do, make sure you pass two tests from the IRS. Find out in this week’s Tax Tip.
You should understand what you are buying when choosing between a growth or value stock for your portfolio. Find out more in this week’s Financial Tip.
The basis accounting method you use can help manage your tax liability on your investments. Read our article on MDJonline.com.
The fastest way to get your tax refund is also the safest way: e-file and direct deposit. Learn more on the IRS website.
The IRS has an app for that! Smartphone users can get IRS2Go 2.0, to provide access to practical tools and information. Learn more about the app.
If your employee causes an accident in a company vehicle, as the higher up you’re likely responsible. Find out more in this week’s Insurance Tip.
The Work Opportunity Credit has been modified by new legislation that extends the benefits for hiring unemployed veterans. Read more in this week’s Tax Tip.
According to the Employee Benefit Research Institute’s 2011 Retirement Confidence Survey, 74% of workers plan to work in retirement, but historically only about three in 10 retirees have been able to do so. If you plan to work during retirement, consider how you might adjust your plans if ill health or job loss prevented employment. Learn more in this week’s financial tip.