One Homeowners’ Policy, Two Very Different Types of Coverage
One Homeowners’ Policy, Two Very Different Types of Coverage Homeowners insurance policies have many distinct components of coverage. Two of the biggest are the structure of the home and the belongings inside of it. Here’s a closer look at how these two types of coverage work and how understanding the difference can help you make […]
An IRS Notice. Get Help!
An IRS Notice. Get Help! Sleuthing your way through a tax audit by yourself is not the same as fixing a leaky faucet or changing your oil. Here are reasons to seek professional help as soon as you receive a letter from the IRS: IRS auditors do this for a living – you don’t. Seasoned […]
Time for a Tax Planning Review
Time for a Tax Planning Review With all the complexity in the tax code today, it is easy to put off taking a look at your situation. On the other hand, time is on your side to implement some great tax savings ideas.Here are several strategies to consider during a midyear tax review: Create a […]
Lower This Year’s Tax Obligation
Lower This Year’s Tax Obligation Published: 05/22/2026 Now is a good time to assess your current situation and address any lingering tax moves that may improve your tax picture for 2026. Here are five things to consider: 1. Check your withholdings. Review your taxable income and the amount of tax you’ve paid to Uncle Sam so […]
Understanding the Gift Giving Tax
Understanding the Gift Giving Tax Published: 05/18/2026 In an effort to keep taxpayers from transferring wealth from one generation to the next tax-free, there are specific limits to the amount of gifts one may give to any one person each year. Amounts in excess of this limit are subject to filing an annual gift tax […]
Leveraging Your Children’s Lower Tax Rate
Leveraging Your Children’s Lower Tax Rate Published: 05/16/2026 If you’re a parent, your dependent children can be a source of tax savings. There are the well-known provisions in the tax code such as the Dependent Child Care Credit and the Child Tax Credit, but there’s also an opportunity to shift some taxable income to your […]
No Check! Where’s Your Proof?
No Check! Where’s Your Proof? Published: 05/14/2026 Prior to finalizing the filing of your tax return is a good time to ensure you have proper documentation to substantiate your tax deductions. This is important as many banks start deleting online documentation that is more than a year old. Background The use of paper checks is […]
Small Savings Goals for Summer That Teach Kids Big Lessons
Small Savings Goals for Summer That Teach Kids Big Lessons Published: 05/11/2026 Summer offers kids a rare window to see goals take shape quickly. With just a few months, even small savings plans can turn into something meaningful. Here are a few simple ways to get started. Choose something that matters A savings goal works […]
Kids Can Be Expensive! Here Are Some Tax Breaks to Help.
Kids Can Be Expensive! Here Are Some Tax Breaks to Help. Published: 05/08/2026 Once Congress and the Executive Branch decided the tax code was for more than collecting money to fund the government it opened the door to understanding how the rules impact parts of your situation. One of the most popular areas to understand […]
Five Small Business Insurance Review Tips
Five Small Business Insurance Review Tips Published: 05/06/2026 Changes in your business equipment, real estate holdings, the amount of inventory, and the number of employees are all good reasons to review your business’s insurance in addition to your annual review. Here are a few tips to keep in mind: Stay in contact with your insurance […]