Oct 11, 2019 | Market, Retirement Plans, Tax Planning and Deductions
MARKET UPDATE: THIRD QUARTER 2019 The U.S. equity market finished Q3 2019 in modest style. The S&P 500 and DOW gained 1.19% each but the NASDAQ slipped 0.09%. While U.S. economic growth has slowed from last year, it does not appear to be heading into a recession...
Jun 7, 2019 | Pension Parameters, Retirement Plans, Retirement Reality, Savings and Spending, tax benefits, Tax deductible, Tax Planning and Deductions
Talk with your loved ones about transferring assets and protecting your legacy. Key takeaways Talking with family members about plans to protect and transfer assets can help avoid unwelcome surprises after you or your spouse dies. Choosing the appropriate people to...
May 31, 2017 | Do You Know, Retirement Plans, Small Business Needs, Tax deductible, Tax Planning and Deductions
Regular Method The first option for calculating the Home Office Deduction is the Regular Method. This method requires computing the business use of the home by dividing the expenses of operating the home between personal and business use. Direct business expenses are...
Apr 7, 2017 | Boomer Retirement, Company Retirement Plans, Retirement Plans, Tax deductible, Tax Planning and Deductions
OK, you filed your 2016 returns some time ago, so where the heck, you’re wondering, is the refund? The IRS addresses the issue, reminding taxpayers “that while more than 90 percent of federal tax refunds are issued in 21 days or less, some refunds may take longer....
Mar 4, 2017 | Retirement Plans, Tax deductible, Tax Planning and Deductions
The Internal Revenue Service warned that taxpayers should watch for improper claims for business credits, which is on the “Dirty Dozen” list of tax scams for the 2017 filing season. Compiled annually, the “Dirty Dozen” lists a variety of common scams that taxpayers...
Mar 1, 2017 | Retirement Plans, Tax Planning and Deductions
The Internal Revenue Service warned taxpayers to be on the lookout for unscrupulous return preparers, one of the most common “Dirty Dozen” tax scams seen during tax season. The vast majority of tax professionals provide honest, high-quality service. But there are some...
