For tax years 2018 through 2025, the Tax Cuts and Jobs Act has suspended the itemized deduction for personal casualty and theft losses—but there is an exception. We explain in this week’s Insurance Tip.
The IRS and the State Department have established procedures for denying passport applications or revoking previously issued passports for taxpayers who have a seriously delinquent tax debt. Read more in this Tax Tip.
Even though retirement may be 10 years away, you still have your work cut out for you before the big day. Considering these points now will make the transition that much easier. We explain in this week’s Financial Tip.
Concerned about the cost of the Special Counsel investigating Trump? Sean Hannity’s adviser Bil Lako, CFP®, explains who is actually paying for it. Read the Article
In today’s Marietta Daily Journal, Bil Lako, CFP®, explains when it is and when it isn’t the IRS calling you. Read the Article
If you are a business owner and you are also the chief innovator and top salesman, you may want to consider how this might negatively affect your future. We explain in this Business Tip.
Gene W. Henssler, Ph.D., was recognized by Barron’s Magazine “Top 1,200 Financial Advisors.” Barron’s published their annual state-by-state listing of financial advisors in the March 10, 2018 issue. Coming in at No. 7 this year, Dr. Henssler has made the Georgia list since 2014. See the List Barron’s 2018 “Top 1,200 Financial Advisors” published in…
If you think that your auto insurance costs are higher than normal, there may be some ways to help lower your premiums. We explain in this Insurance Tip.
The tax reform law didn’t outlaw business losses. It just limits your losses. Excess losses are treated as a net operating loss (NOL) and carried forward to the next year’s return. We explain in this week’s Tax Tip.