Facing a Huge Gain from a Realty Sale?
When you sell property you will have a gain or a loss based on your basis. Failure to document may cost you. Read all about it in this week’s Tax Tip.
Counting on Your Husband’s Retirement Income? Three Things Women Should Know
As a result of working fewer years, women are more likely to save less, leaving many to rely on their husbands’ savings and benefits to carry them both through retirement. If you’re relying on your husband’s savings to carry you through retirement, read this!
Choosing an Entity for Your Business
There is no single best form of ownership for a business because certain limitations can often be compensated for. We walk you through the various options in this week’s Business Tip.
When should I file the FAFSA?
Whether you have a high school senior or a returning college student, it’s a good idea to file the FAFSA as early as possible to increase your child’s chances of getting financial aid. We explain in this Question of the Week.
How to File Taxes After Saying “I Do”
A married couple can choose to file jointly or separately. Both statuses can result in surprises – some pleasant and some unpleasant. We explain in this Tax Tip.
Life Insurance with Long-Term Care Benefits
If you are concerned about the high costs of long-term care but don’t want to purchase traditional long-term care (LTC) insurance, consider combining permanent life insurance coverage with long-term care benefits. We explain in this Insurance Tip.
Small Business Owners May Qualify for a Home-Office Deduction
If you’re a small business owner, you may qualify for a home-office deduction. We explain the qualifications and two methods in this week’s Business Tip.
Is Student Loan Interest Still Tax Deductible?
Virtually any loan interest will qualify for the student loan interested deduction if the loan proceeds are used solely for qualified higher-education expense. We explain in this Question of the Week.
The IRS Has Cryptocurrency on Its Radar
The IRS is so focused on cryptocurrency that it issued warning letters to more than 10,000 taxpayers that it suspects might have an under-reporting problem. We explain in this week’s Tax Tip.
Why You Need Life Insurance
September is Life Insurance Awareness Month, a good time to evaluate your life insurance needs and review your life insurance coverage. We explain why you need life insurance in this week’s Financial Tip.