What to do with multiple retirement plans
10/07/2021Read moreIf an employer has both a defined contribution retirement plan and a defined benefit retirement plan, what are...
Individual Tax Update: Tax Cuts and Jobs Act (H.R. 1)
12/21/2018Read moreOn December 20, Congress approved the “Tax Cuts and Jobs Act” (H.R. 1), and the most sweeping U.S. tax...
Is it time to update your beneficiary list?
01/25/2018Read moreIt’s not uncommon to lose track of your beneficiaries, including which accounts have them, and who you designated. However,...
Do you have a household employee? Don’t ignore the “nanny tax”
01/15/2018Read moreAs you review your filing requirements for 2018, make sure you don’t overlook the nanny tax related to household...
HSA Contribution Limits Barely Budge for 2017
06/21/2016Read moreThe IRS recently announced the inflation-adjusted contribution limits for health savings accounts (HSAs) for 2017. HSAs combine high-deductible health...
Is Your Child Ready For a Summer Job?
06/15/2016Read moreIf your child is planning to work this summer, make sure you know the tax basics. Tax returns. Assuming...
What You Need to Know About Hiring Seasonal Workers
06/07/2016Read moreIf summertime is a busy time for your business, you may be ready to hire seasonal workers. Here are...
Summer Day Care Expenses Can Add Up To a Tax Credit
06/02/2016Read moreDid you know that you can claim a federal income tax credit when you pay someone to care for...
No Need to Itemize To Claim These Deductions
02/23/2016Read moreAre you part of the approximately 68% of taxpayers who IRS statistics say claim the standard deduction instead of...
Depreciation Breaks Boost Tax Deductions
02/09/2016Read moreDid you buy equipment or other business assets during 2015? Here are the current rules for maximizing your tax...
Who Can Be Your Dependent?
02/04/2016Read moreYou might believe a “dependent” is a minor child who lives with you. While that is essentially correct, dependents...
Do You Have Enough Emergency Savings?
02/04/2016Read moreA December 2015 survey by a consumer financial services company showed that 36% of the people who participated said...
Three Positive Steps to Financial Well Being
01/21/2016Read moreWhile you’re gathering information to prepare your 2015 tax return, set aside time for a financial review. Here are...
Corporate Minutes Support Tax Deductions
01/18/2016Read moreWell-documented corporate minutes can provide valuable supporting evidence if the IRS questions choices you make on your tax returns....
Keep Track of Upcoming Tax Due Dates
01/13/2016Read moreJanuary 15 – Final 2015 individual estimated tax payment is due, unless your 2015 tax return is filed and...
Three Tips to Start the Tax Filing Season
01/12/2016Read more1. Check whether your children need to file a 2015 tax return. They’ll need to file if wages exceeded...