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End of Year

It’s never too late to save money, even if you’re in the final hour of the tax year. There are things that an individual taxpayer can do at the last minute that have the potential of saving money, namely:

  • The last minute deferrals of income into the following tax year

Posted October 27, 2015
Deductions (Loans/Donations)

It’s not unusual for a family member to provide financial assistance to another family member by giving the recipient money to meet a need -- i.e. to help purchase a home, pay for medical expenses, etc.

Posted October 26, 2015
Business Strategies

Financial Ratios

Financial ratios are metrics that help measure the health and performance of a business. Such ratios help tell the story behind what’s disclosed in the company’s financial statements, and they are relevant for both small and large businesses. They are also referred to as Key Performance Indicators (KPIs).

Posted October 23, 2015
Tax Planning

It’s never too early to begin detailed planning for next year’s taxes -- especially as we head into the final stretch of 2015 and get a better look at what the coming tax season has in store.

Posted September 23, 2015
IRS & Credit Issues

Unfortunately, when the tax season ends and most people stop thinking about tax issues, the tax scammers are just getting started. Their year-round commitment to finding new scams means taxpayers must remain vigilant and well informed.

Posted September 17, 2015
Business Strategies

“Nothing lasts forever,” as the age-old saying goes. Eventually, ownership and key employees will leave your business, voluntarily or involuntarily, and no longer play a role in the business they worked so hard to create.

Posted September 11, 2015
Tax Tips

Labor Day signifies the end of summer and comes with a three-day weekend; maybe a trip to the beach, the lake, or the the cabin, and a barbecue.  

Posted August 27, 2015
Tax Tips

Whether you just spent the entire summer paying for child care and are happy to know that you now have a safe place to drop off your children Monday through Friday or you are wondering where your kids are going to be between the end of the school day and the end of your work day, child care is something that parents are all thinking about and tr

Posted August 22, 2015
Budgeting

It’s that time of year; students are headed back to school and we are once again reminded that another year of the educational timeline has begun.

Posted August 17, 2015
Budgeting

The end of summer is in sight and for the younger members of the population, that means coming to grip with the end of worry free summer days. As the school buses take to the streets, the back to school sales heat up and the weather begins to cool down, you might want to take this opportunity to evaluate where your finances stand.  

Posted August 12, 2015