According to the Social Security Administration, 10,000 baby boomers a day are reaching the age of 65. As such, many people are senior-proofing their homes for either themselves or an older family member. If you are planning these home improvements, read this first to find out what costs might be tax-deductible.
If your employer offers one of these benefits, you should seriously consider taking advantage of it, if you haven’t already.
The “Money Talks” experts provide listeners with some useful year-end planning tips that cover estate, tax, investment, and financial planning.
As a small business owner, proper tax planning will ensure you take advantage of every tax credit you qualify for. We outline five essential small business tax credits.
A tax deduction generally reduces taxable income, whereas a tax credit reduces the tax itself. So, which is better?
Are you self-employed? Did you move? Do you earn income in a state other than the one you live? If you answered yes, you might have one of these common personal income tax issues.
In today’s Marietta Daily Journal, Bil Lako, CFP® explains how pass-through business entities may be able to make a payment to a rural hospital organization and pass a tax deduction on to the business owners.
Starting a business? Know what qualifies as a capital expenditure and a start-up cost, and which ones can be deducted.
A commonly encountered but often misunderstood issue is who claims the child or children for tax purposes. Read this before you make a serious mistake.
The late-2017 tax-reform package changed the rules for personal casualty losses, which now are only deductible if they occur in a federally declared disaster area. As a result, if a home is destroyed in a forest fire or other disaster within a declared disaster zone, the homeowner can claim a casualty loss on that year’s…
