Are life insurance proceeds income taxable?
Not all proceeds from a life insurance policy qualify for favorable tax treatment. We explain in this week’s Insurance Tip.
Is a Reverse Mortgage Right for You?
Is a reverse mortgage too good to be true? It really depends. The devil is in the details. We explain in this week’s Tax Tip.
Are Your Important Financial Documents Safe?
If a sharknado struck your home tomorrow, would you lose all of your important documents? Learn what to do in this week’s Financial Tip.
Tax Breaks for Military Personnel
We all appreciate the sacrifices the military makes, even the IRS. Service members are eligible for some tax breaks. We explain in this week’s Tax Tip.
Hiring The Right Employee Can Get You A Big Tax Credit
Hiring a disadvantaged individual can be a win-win situation thanks to the Work Opportunity Tax Credit.
Gambling and Tax Gotchas
Headed to the casino? Remember, the tax code requires all gambling winnings to be reported. We explain in this week’s Tax Tip.
In the News: Casualty Losses Affect More than the Current Year’s Tax Return
In today’s Marietta Daily Journal, Bil Lako, CFP®, shares information on recouping your losses if you were affected by hurricanes. Read the Article Disclosures: 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. All…
When Is a Charitable Contribution Appraisal Required?
If you are donating a substantial amount of property or items to a charity, an appraisal may be required. Read all about it in this week’s Tax Tip.
Casualty Losses Can Affect More Than the Current Year’s Tax Return
This week on “Money Talks,” Tax Manager Dan DiLuzio, C.P.A, joins Research Analysts Nick Antonucci, CVA, and Jacob Keen to discuss how victims of disasters can claim a casualty loss on their tax returns.
Natural Disaster Charity Volunteer Tax Breaks
If you volunteered for a charity in the aftermath of Hurricane Harvey or Irma, you may qualify for some tax breaks. Learn more in this week’s Tax Tip.