22 06, 2017

Remember These 3 Tax-saving Terms in Your Mid-year Planning

As you begin to think about scheduling your midyear tax planning appointment, refresh your memory on the meanings of terms that can save you money. Here are three. • Exclusion. Exclusions are items that would generally be included on your return, but are specifically excluded by a tax law provision. For example, gifts and inheritances

19 06, 2017

A Tax Credit is Available for Adoption of a Child

If you are preparing to adopt a child, you know your life will change for the better. And, you may have also experienced the financial commitment adoption requires. However, take note, because as an adoptive parent, you may qualify for a special break on your income tax return. As you know, tax credits save

15 06, 2017

4 Tips to Land Your Dream Home in a Seller’s Market

It's a tough time to buy a house. With high prices and low supply, homebuyers have to tackle the buying process differently than they would in a flat or down market. Here are some suggestions to landing your dream home in our current real estate market. 1. Be nimble, be flexible. Try to investigate new listings

14 06, 2017

Finances After the Death of a Loved One

The last thing you want to be bothered with when you are grieving is sorting out the finances of your departed loved one. Here are some suggestions to make the process a little easier. Prioritize. Focus on the most pressing tasks you face. Make sure you have access to the right accounts in order

7 06, 2017

Single People Need Financial Planning Too

Whether you are a lifelong single person or you found yourself single through divorce or the death of your spouse, you have your own financial considerations and complications. Unfortunately, many single people overlook financial planning. Don't make this costly mistake. Financial and estate planning help you protect your earnings and your property. For single people

6 06, 2017

How to Build Your Business Credit

Whether your firm has been operating for years, or you decided over last night's coffee to start a new venture, you're sure to face the need for business credit. Entrepreneurs often ask friends and family to invest in their start-up businesses, and many draw on personal funds to launch new firms. But to address

19 05, 2017

Disability Insurance – What You Need to Know

Say "insurance" to most people and auto, health, home, and life are the variants that spring to mind. But what if an illness or accident were to deprive you of your income? Even a temporary setback could create havoc with your financial affairs. Statistics show your chances of being disabled for three months or longer

19 05, 2017

IRS Announces Business Vehicle Deduction Limits for 2017

The IRS has published depreciation limits for business vehicles first placed in service this year. These limits remain largely unchanged from 2016 limits. Because 50% bonus depreciation is allowed only for new vehicles, these limits are different for new and used vehicles. * For new business cars, the first-year limit is $11,160; for used cars,

3 05, 2017

Tax Filing Responsibilities of Estate Executors

Your role as an executor or personal administrator of an estate involves a number of responsibilities. Did you know that part of your responsibility involves making sure the necessary tax returns are filed? And there might be more of those than you expect. Here's an overview: • Personal income tax. You may need to file