Second-Income Analysis: After-Tax Benefit of Both Spouses Working
Is your family better off with one income or two? A second-income analysis can help. We explain in this week’s Financial Tip.
New Tax Extender Legislation – Business Provisions
Small businesses will benefit from plenty of provisions in the Protecting Americans from Tax Hikes Act of 2015.
New Tax Extender Legislation – Individual Provisions
The “Protecting Americans from Tax Hikes Act of 2015” extended or made permanent some tax of the popular personal tax credits.
Don’t Be Scammed By Fake Charities
It’s that time of year when scammers pretend to be charities. Check the charity at IRS.gov before you donate. Learn more in this week’s Tax Tip.
Will Your Favorite Tax Benefit Expire?
Review the expiring tax provisions to see how you may be affected if they are not extended. We explain in this Tax Tip.
When to Claim a Disaster Loss
If you suffered a loss as a result of a casualty, you may be able to recoup a portion of that loss via a tax deduction. We explain in this week’s Insurance Tip.
It’s Time for Year-End Tax Planning
Despite Congress’ lack of action regarding tax laws, there are still plenty of tax breaks on the books for 2015. Read all about it in this week’s Tax Tip.
Business Owners: Action May Be Needed Before Year-End
Businesses should consider adopting an accounting policy for expensing the cost of items with a life of a year or less. We explain in this week’s Tax Tip.
Was Your No-Health-Insurance Penalty A Surprise?
No health insurance? Note: The penalty amounts to the HIGHER of the flat dollar amount or the percentage of income. We explain in this week’s Insurance Tip.
Retirement Plan Distribution Pitfalls
Be aware when your leave employer—a retirement plan distribution before age 59½ comes with a penalty! We explain in this week’s Tax Tip.