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Take a Penalty-free IRA Withdrawal for Medical Expenses
02/26/2014Are you considering withdrawing funds from your traditional IRA to pay unexpected medical costs? You may be hesitating because...
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Every Small Business Should Establish Controls
02/25/2014Every week reporters publish stories about companies that have lost thousands, even millions of dollars because of fraud. They...
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Emergency Savings: How Much is Enough?
02/21/2014We all need an emergency fund, but what’s considered “an emergency?” Any unexpected hit to your finances, including layoffs,...
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Capitalization versus Expenses
02/17/2014The new IRS regulations on capitalization vs expensing are complex. But the part of the regulations that concerns most...
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Health Insurance Credits are Good Medicine for Small Business
02/13/2014Small businesses may be missing out on an important new tax perk related to health insurance. And the stakes...
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Who Needs an “Employer Identification Number”?
02/12/2014If you do any of the following, you will need an Employer Identification Number (EIN) from the IRS: If...
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Take Your Choice for Deducting Home Office Expenses
02/07/2014You now have a choice in how you deduct the expense of a home office. Starting with your 2013...
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Equipment Write-off Decreases for 2014
02/04/2014In recent years, businesses could expense up to $500,000 of equipment purchases in the year of purchase, with a...
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Parents Can Cut Taxes With Child Related Credits
01/28/2014Are you a parent? Give yourself some credit – a child-related tax credit, that is. Here are two that...
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Should You Adjust Your Withholding for 2014?
01/24/2014Early this year, review the amount of income tax you’re having withheld from your wages to see if it...
