In the News: You’re Not Immune from an IRS Audit
Bil Lako, CFP®, highlights four items that pique the IRS’ interest, which may trigger an audit, in today’s Marietta Daily Journal. Read the Article.
Insurance Planning—Are You Covered If…?
It’s best to know what your insurance covers before you need to make a claim on your policy. Learn more in this week’s Insurance Tip.
New Reporting Requirement for Individuals with Foreign Financial Assets
New this tax filing season: If you hold “specified foreign financial assets” you may have to file IRS Form 8938. Find out more in this week’s Tax Tip.
Leaving a Legacy
There are four ways your property will pass on to your heirs. Now is the time to make sure arrangements are in order. Find out more in this week’s Financial Tip.
DOL 401(k) Plan Disclosure Rules Take Effect Soon
New rules are requiring 401(k) plans to provide detailed information to participants about the plan and its investments. Learn more in this week’s Business Tip.
Business Owner Succession Planning
What will happen to your small business when you retire? Think about how you’ll transfer ownership now. Learn about Business Owner Succession Planning in this week’s Insurance Tip.
Don’t be Scammed by Tax Season Cyber Criminals
There is one and only one instance when you can ignore the “IRS” — phishing scams. Learn what to look for in this week’s Tax Tip.
Women and Estate Planning
They say men are from Mars and women are from Venus, but is this true when it comes to estate planning? Find out in this week’s Financial Tip.
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.
Are Withdrawals from a Cash Value Life Insurance Policy Ever Tax Free?
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.