Employer-Offered Benefits That Can Save You Money and Taxes
If your employer offers one of these benefits, you should seriously consider taking advantage of it, if you haven’t already.
Plenty of Opportunities for Year-End Planning
The “Money Talks” experts provide listeners with some useful year-end planning tips that cover estate, tax, investment, and financial planning.
Don’t Overlook These Essential Small Business Tax Credits
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.
Is It Better to Have a Tax Credit or a Deduction?
A tax deduction generally reduces taxable income, whereas a tax credit reduces the tax itself. So, which is better?
Three Common Personal Income Tax Problems & What to Do
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 the News: Passthroughs can benefit from Georgia HEART Program
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.
Maximizing Deductions for Start-Up Costs
Starting a business? Know what qualifies as a capital expenditure and a start-up cost, and which ones can be deducted.
Who Claims the Children: You or Your Ex-Spouse?
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.
Disaster-Related Tax Losses May Be Less Than Expected
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…
Passthroughs Can Benefit from Georgia HEART Program
Since 2017, the Georgia HEART Program allowed taxpayers to make a donation to a qualified rural hospital organization (RHO) in Georgia and receive a tax credit on their Georgia income tax liability.