Safeguarding Your Business’s Cash with Segregation of Duties
Safeguarding Your Business’s Cash with Segregation of Duties Published: 03/14/2026 Fraud and embezzlement don’t just happen at large companies. In fact, theft may be more common in small businesses because many lack internal controls that are typically in place at larger organizations. But the good news is that effective internal controls don’t have to be […]
From Tension to Teamwork – A Smarter Way for Couples to Manage Money
Retirement Tips for Every Age Published: 03/12/2026 Couples often name money as a major source of tension – but it can also become one of your greatest tools for building trust and momentum together. When approached intentionally, money stops being a stressor and starts becoming a strategy. Here are some ideas for creating financial harmony […]
Retirement Tips for Every Age
Retirement Tips for Every Age Published: 03/10/2026 Saving for retirement is not a one size fits all journey, as each stage of life comes with different priorities, pressures, and opportunities. No matter where you are in your journey, here are savings tips from established financial publications and organizations to consider for every age. In Your […]
Understanding Tax Credits vs. Deductions
Understanding Tax Credits vs. Deductions Published: 03/06/2026 Tax credits are some of the most valuable tools around to help cut your tax bill. But figuring out how to use these credits on your tax return can get complicated very quickly. Here’s what you need to know. Understanding the difference To help illustrate the difference between […]
Your Tax Planning Cycle Starts Now
Your Tax Planning Cycle Starts Now Published: 03/03/2026 Filing your 2025 tax return may feel like crossing a finish line. In reality, this moment is the starting point for smart tax planning during 2026. Here are several ideas to kick start your own tax planning cycle. If you get a big refund, adjust your withholdings. […]
Understanding Tax Terms: Contemporaneous Records
Understanding Tax Terms: Contemporaneous Records Published: 03/01/2026 If you have problems getting to sleep at night and you turn to the IRS tax code for help, you might find some vocabulary that is very foreign to words you use every day. One of the more common words used by the IRS is the term contemporaneous. So what […]
The 10% Early Withdrawal Penalty
2026 Mileage Rates are Here! Published: 02/23/2026 It’s one thing to be taxed on retirement contributions and their related earnings when you withdraw funds from your IRA or 401(k) during retirement. It’s quite another when you pay the tax PLUS a 10% penalty for an early withdrawal. Need funds prior to retirement and want to […]
2026 Mileage Rates are Here!
2026 Mileage Rates are Here! Published: 02/23/2026 Mileage rates for travel are now set for 2026. The standard business mileage rate increases by 2.5 cents to 72.5 cents per mile. The medical and moving mileage rates go down 1/2 cent to 20.5 cents per mile. Charitable mileage rates remain unchanged at 14 cents per mile. […]
Reminder: Fourth Quarter Estimated Taxes Now Due
Reminder: Fourth Quarter Estimated Taxes Now Due Published: 02/20/2026 If you have not already done so, now is the time to review your tax situation and make an estimated quarterly tax payment using Form 1040-ES. The 4th quarter due date for the 2025 tax year is due on or before January 15, 2026. Due date: […]
The IRS Says Late filing of S corporation and partnership returns can be costly
The IRS Says Late filing of S corporation and partnership returns can be costly Published: 02/17/2026 The IRS is penalizing late filers of S corporation and partnership tax returns. This despite the fact that late filing of the tax returns (Forms 1120S and 1065), due March 15th, often does not impact the receipt of the […]