Secular Trusts and Annuities
A secular trust can provide assurance that your nonqualified deferred compensation plan benefits will not be at risk. We explain in this week’s Business Tip.
What to Do if You Receive a Dreaded IRS Letter
April 15th may be long gone, but the IRS is still sending out audit letters. We explain what you need to do if you receive one in this week’s Tax Tip.
In the News: Back-to-School Tax Benefits
In today’s Marietta Daily Journal, Bil Lako, CFP®, explains how to coordinate tax credits for higher education when using 529 Plan assets to pay for college. Read the article here Disclosures: The investments referenced within this article may currently be traded by Henssler Financial. All material presented is compiled from sources believed to be reliable…
Back-To-School Tax Benefits
As back-to-school season commences, the “Money Talks” hosts share advice on the available tax credits for higher education and how to coordinate them with 529 Plan withdrawals.
Do You Need a Mid-Year Tax Checkup?
So many life events provide tax-planning opportunities. See if you need tax help in this week’s Tax Tip.
A Beginner’s Guide to C Corporation Distributions
Receiving money from a C corporation? The method used to make the distribution determines your tax consequences. Learn more in this Business Tip.
Deferred Compensation: Substantial Risk of Forfeiture
Have deferred compensation? Do you know when it is subject to income tax? Find out in this week’s Tax Tip.
Converting from S Corporation to C Corporation
Although an S Corporation has many advantages, shareholders may wish to convert the corporation into a C corporation in certain situations. We explain what they are in this week’s Business Tip.
How Can I Get a Tax Break for Child Care?
There are tax credits available to help parents pay for child care, but there’s a catch! We explain in this Question of the Week.
Tax Consequences of Selling Interest in Business
Your tax consequences for selling an interest in a business depend on the type of business entity. Read more in this Business Tip.