FAFSA for 2021-2022 Academic Year Opened on October 1
Your income from two years prior is what counts on the FAFSA. For example, the 2021-2022 FAFSA will rely on income information in your 2019 tax return.
Solar Tax Credit is Sunsetting Soon
Thinking about going solar? You might be eligible for a federal tax credit for the purchase and installation costs.
Record Keeping for Your Own Business
Business Owners: Records management is vital because it can help you analyze where your business is and, more importantly, where it’s going.
Henssler Financial Places on CNBC Financial Advisor 100 List
OCTOBER 2020, KENNESAW, Ga.— Henssler Financial ranks at No. 80 on CNBC’s Financial Adviser 100 list, published on Oct. 6, 2020. The list celebrates the advisory firms that offer a comprehensive service that helps clients navigate through their financial life. “It’s always wonderful to be recognized for your work,” said Dr. Gene Henssler, Ph.D., president…
Coping with Market Volatility: Check Your Withdrawal Rate
If your nest egg has shrunk as a result of market turmoil but you continue to take the same amount of money out of it each year, you might be increasing your odds of running out of money sooner than you had planned.
How to File Taxes After Moving to a New State
Whether moving for a new job, to be closer to family, to retire, or for some other reason, don’t forget about taxes!
3 Reasons to Launch a Startup During a Recession
While it may seem too risky to launch a business with coronavirus and an impending global recession, we offer three reasons why a recession is a great time to launch a startup.
Still Waiting for the IRS to Cash Your Check?
If you e-filed and mailed a check to the IRS to pay your taxes, you may still receive a tax-due notice.
Foreign Account Reporting Due October 15
Do you gamble online at a casino located overseas? Do you have relatives in a foreign country who put your name on their bank account in case of emergency? You may have an FBAR requirement and not even realize it!!
Charitable Giving
Philanthropy cannot only give you great personal satisfaction, it can also give you a current income tax deduction, let you avoid capital gains tax, and reduce the amount of taxes your estate may owe when you die.