Are You Required to File 1099s?
Businesses: Don’t forget to issue contractors Form 1099-MISC if you paid them more than $600 for services during the year. Learn more in this Business Tip.
It depends: The Gift of the MAGI
In this week’s Marietta Daily Journal, Bil Lako, CFP® highlights some of the many ways the IRS wants you to calculate your MAGI. Read the Article This article is meant to provide valuable background information on particular investments, NOT a recommendation to buy. The investments referenced within this article may currently be traded by Henssler…
Year-End Charitable Giving
Charitable giving can be enhanced using income tax deductions. Consider including it as part of year-end tax planning. Learn more in this Tax Tip.
Additional Tax Could be a Large Liability in April of Next Year
Without congressional action, the alternative minimum tax is projected to affect more than 31 million Americans for 2012. Read our article in today’s Marietta Daily Journal. This article is meant to provide valuable background information on particular investments, NOT a recommendation to buy. The investments referenced within this article may currently be traded by Henssler Financial.…
Life Insurance Tax Traps for the Unwary
While life insurance is a useful way to provide for your heirs, there are potential tax traps that you may want to avoid. Learn more in this Insurance Tip.
Businesses: Buy Equipment Before Year-End
If you think you’ll need new business equipment or furniture next year, you may want to make that purchase in 2012. Read all about it in our Marietta Daily Journal blog post. This article is meant to provide valuable background information on particular investments, NOT a recommendation to buy. The investments referenced within this article…
What’s Best, Tax-Free or Taxable Interest Income?
With higher taxes ahead, you may consider tax-free interest investments. Still, you should consider your after-tax return. Read all about it in this week’s Tax Tip.
Year-End Tax Planning Moves for Individuals
Even with the uncertainty, there are actions you can take before year-end that can save a considerable amount of tax. Read more in this Tax Strategist.
Year-End Tax Planning Moves for Businesses
If you’re looking to reduce business profits before year-end, we highlight five tax-advantaged moves to consider. Read this Tax Strategist to learn more.
S Corporation Income or Loss
An S corp is a small business entity that is treated as a regular corporation, except for special treatment under tax law. Learn more in this Business Tip.