Not all loan interest is the same! The rules for deducting interest on your taxes depend on whether the loan proceeds are used for personal, investment, or business activities. We explain in this week’s Tax Tip.
Hannity finance expert and Principal of Henssler Financial, Bil Lako, CFP®, weighs in on the new tax bill. Read the Article
Employers who misclassify workers as independent contractors can end up with substantial tax bills
and face penalties for failing to pay employment taxes and not filing the required tax forms. Read more in this week’s Business Tip.
There are many tax-related issues that could apply to the sale of a home. Don’t be surprised
by the home-sale gain exclusion. Read all about it in this week’s Tax tip.
We warned you! Tax laws do change, and we’re approaching what could be a BIG change. Thankfully there is still time and moves to make that may reduce your 2017 tax bill. Read all about it in this week’s Tax Tip.