Q&A Time: Early Withdrawals, Education Tax Credits and Early Retirement
The “Money Talks” hosts discuss withdrawing funds from an IRA before age 59 ½, and tax credits for parents of college students.
Beware of Trust Fund Penalties
Employers are personally responsible for remitting required taxes on behalf of its employees to the government. Learn more in this Business Tip.
Misclassifying Workers Can Be Costly!
The IRS pays close attention to how you classify your employees and independent contractors. Learn more in this Tax Strategist.
The Alimony Gap
Alimony: deductible for those who pay; taxable for those who receive. But the IRS sees discrepancies in what’s reported. Learn what we mean in this week’s Tax Tip.
Reap the Tax Benefits of Education Planning
Uncle Sam appreciates a higher education. Learn the tax advantages to going to school in this week’s Tax Tip.
Tax Deductibility of Business Vacation Expenses
Traveling to Hawaii on business and then staying for a vacation? Know what expenses are deductible before you go. We explain in this Business Tip.
Fall Tax Planning Checklist
You’re too busy living life to realize how much has changed. Time to take a look at our fall tax planning checklist. Learn more in this week’s Tax Tip.
Temporary Living Expenses
The “Money Talks” hosts help a listener with the deductibility of reimbursed living expenses.
Tax Tips for the Well-Traveled Businessperson
Business travel need not bankrupt you! There are tax breaks available, but there are rules to follow. Learn more in this Tax Tip.
What is my Taxable Estate?
The hosts of “Money Talks,” Gene Henssler, Ph.D., Bil Lako, CFP®, Ted Parish, CFA, discuss what comprises your taxable estate. They give examples of what counts toward your estate and what can be deducted from your estate. The also discuss a possible approach to help minimize taxes to your estate after death.