Is the Sale of Your Dental Practice Your Retirement Future?
If you are planning the sale of your medical practice to finance your retirement, you may need to increase the value of your practice.
Pension Protection Act of 2006
The Pension Protection Act of 2006 was aimed at increasing retirement savings. Most notably, employers were allowed to automatically enroll employees in the company’s 401(k) plan.
How Do You Choose a Consultant?
A consultant can help you identify your problem, devise a solution, and then implements it or train you to do so. In order to get the most benefit out of a consultant, you must know how to seek out the best fit for you.
Tax Breaks for Home Mortgage Interest
Home mortgage interest can provide a very large tax deduction. You also may be able to transform nondeductible expenses into fully deductible interest by using your home as collateral for the loan.
Taxpayers Become Victims of E-mail Scam
The U.S. Treasury Department’s Electronic Federal Tax Payment System is a safe and convenient way to file and pay your taxes online. However, beware of email scams claiming your credit card has been enrolled to pay taxes due.
Independent Contractor versus Employee
The good news is your small business has really taken off. The bad news is you need to hire help! The kind of help you hire is an important business decision.
Hold On To Your Home’s Receipts
Any improvement you make to your home that is not a repair increases your basis in the property. Keeping up with the basis in your home is extremely important when calculating your gain when you sell.
Employer Provided Benefits
An employer can provide many different forms of medical coverage benefits to its employees. Some are tax advantageous for the employee, while other plans are required to be included as income.
Withholding Federal and State Tax For Employees
Withholding is the method the government developed to help Americans prepay their tax bills.
Business Automobiles—Lease vs. Buy
If your business needs an automobile, you need to consider the tax consequences of buying or leasing the vehicle.