Watch Out For These Sneaky Vacation Costs
Watch Out For These Sneaky Vacation Costs Published: 6/27/2024 Going on vacation is a time to get away, relax and enjoy new experiences. But if you don’t pay close attention, extra costs can sneak up on you like tiny money-stealing gremlins. Here are several sneaky vacation costs to watch out for: Covert airfare increases. Airline […]
Surviving Wedding Season Without Breaking the Bank
Surviving Wedding Season Without Breaking the Bank Published: 6/20/2024 According to this survey by TheKnot.com, the average wedding in 2023 had a price tag of $35,000. And it’s not just the lucky couple doling out serious money. Wedding guests can also face steep costs between gifts and traveling to and from the big event. If […]
Business Advice: Every Impression Matters
Business Advice: Every Impression Matters Published: 6/17/2024 With competition knocking at your door for virtually every product or service, you need to hone every advantage available to you. One of the ways you can set your business apart is to create an awesome customer experience with every interaction. This is less of an event and […]
Prepare Yourself Financially When Purchasing a Vehicle
Prepare Yourself Financially When Purchasing a Vehicle Published: 6/11/2024 Financing a new or used car could spell big financial trouble if your vehicle is ever declared a total loss – even if the accident is 100% the other driver’s fault. Here’s what you need to know about staying safe financially if you take out a […]
You Need Tax Planning If…
You Need Tax Planning If… Published: 6/11/2024 Life can alter your taxes with little to no warning. Here are several situations where you may need to schedule a tax planning session: Getting married or divorced. You could get hit with a Marriage Penalty in certain situations when the total taxes you pay as a married couple is more than what […]
Roth versus Traditional IRA: Which is Better?
Roth versus Traditional IRA: Which is Better? Published: 6/6/2024 For most taxpayers, you have until April 15th of the following year to contribute up to $7,000 ($8,000 if age 50 or over) into a Traditional IRA or a Roth IRA. Is an IRA an option worth considering for you? If so, which is better? Traditional […]
Great Tax Reduction Ideas
Great Tax Reduction Ideas Published: 6/3/2024 The tax code is about 75,000 pages long, so it’s not surprising there are many overlooked money-saving deductions hidden within it. And with the much higher standard deduction amounts, those who do not itemize think there are no longer ways to reduce your taxes. Since mid-year is a good […]
Kids Can Be Expensive! Here Are Some Tax Breaks to Help.
Kids Can Be Expensive! Here Are Some Tax Breaks to Help. Published: 5/29/2024 Kids can pose challenges from every direction for their parents – feeding times, car seats, sleep schedules, strollers, child care, and of course…taxes! What most parents don’t consider is that these bundles of joy complicate their tax situation. Here are some tax […]
Understanding the Home Gain Exclusion
Understanding the Home Gain Exclusion Published: 5/28/2024 One of the biggest tax benefits available today is the exclusion of gains when you sell your qualified home. Here is what you need to know. The tax benefit explained For those who qualify, a married couple can exclude up to $500,000 ($250,000 for unmarried taxpayers) in capital […]
The Benefits of Being a Sole Proprietor
The Benefits of Being a Sole Proprietor Published: 5/22/2024 Many start-up businesses move from hobby status to a business when they start to make a profit. The tax entity typically used is a sole proprietorship. Taxes on this business activity type flow through your personal tax return on a Schedule C. Here are some benefits […]
