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Henssler Financial News Blog

Wednesday
Jul202011

Slight Retreat

Indices closed out slightly to the red side today. United Technologies, Microsoft, Hewlett-Packard and IBM led decliners on the Dow. Investors swept some profits off the table Wednesday amid a variety of economic news.

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Tuesday
Jul192011

Tax Tips for Students with a Summer Job

Many students hold a summer job during their time off from school.  Here are some tax issues that should be considered when working a summer job.

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Tuesday
Jul192011

Stocks Step Up

Indices closed in green territory Tuesday. IBM, Microsoft and Intel led advancers on the Dow. Stocks stepped up on a variety of economic news.

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Monday
Jul182011

Stocks Slip

Stocks traded lower Monday on European debt concerns. Bank of America, Boeing and Travelers led Dow decliners. Indices rebounded somewhat to close well off session low levels.

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Friday
Jul152011

A Green Friday

Brands traded higher on Friday. Energy and technology shares such as Exxon Mobil and Cisco Systems led the upswing. Google put on a good show in the wake of favorable earnings released after the closing bell on Thursday.

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Friday
Jul152011

Tax Strategist: Tax Perks Related to Your Business Travel

Are you missing out on tax perks related to your business travel? Food and lodging expenses may be deducted when you are away from home for business purposes. Like everything in the tax law, to be tax deductible, certain rules must be followed. Individuals who know the rules and keep good records derive the most from these deductions.

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Thursday
Jul142011

Session Ends in the Red Zone

Thursday’s session closed in red territory. Raw-material producers, technology and industrial shares led the downswing. Brands slipped amid a variety of economic news.

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Wednesday
Jul132011

Brands Gain On Fed Word

Stocks posted gains on Wednesday. Brands such as Caterpillar, Merck and General Electric led Dow advancers on assuring words from Ben Bernanke. The Fed head said the central bank is prepared to provide further monetary stimulus if needed.

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Tuesday
Jul122011

Stocks Slip on Eurozone Debt Concern

Stocks dipped on Tuesday. Intel, Boeing and Bank of America led the downswing on the Dow. Crude oil tacked on $2.28 to settle at $97.43 a barrel. Brands traded lower amid European debt concern after Moody’s downgraded Ireland’s debt rating to junk level status. Meanwhile, minutes from the last FOMC meeting showed policy makers would consider a third round of economic stimulus if the recovery remained sluggish. Elsewhere, the Commerce Department said the trade gap expanded to $50.23 billion in May, from $43.63 billion in April. On a final note, Wolverine World Wide reported respectable quarterly data. The footwear, apparel and accessories retailer said net earnings hit $22.96 million, or 48 cents a share, up from $17.2 million, or 35 cents, in the same quarter a year ago.

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Monday
Jul112011

Stocks Take a Breather

Indices closed in red territory Monday. Hewlett-Packard, Bank of America and JPMorgan Chase led Dow decliners. Alcoa kicked off earnings season by announcing favorable results. The aluminum titan said earnings hit $364 million, or 32 cents a share, up from $138.5 million, or 13 cents, a year ago. Meanwhile, oil shed $1.21 to settle at $94.99 a barrel. Looking ahead, minutes from the latest FOMC meeting are due for release later in the week.

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Friday
Jul082011

Tax Tips for Recently Married Taxpayers  

If you, like many others during the summer months, have gotten married or plan to get married in the near future, here are some post-marriage tips to help you avoid stress at tax time.

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Friday
Jul082011

Parents Can Get Credit for Sending Kids to Day Camp 

With summer in full swing, there is a tax break that working parents should know about.  Many working parents must arrange for care of their children under 13 years of age during the school vacation period.  A popular solution — with a tax benefit — is a day camp program.

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Friday
Jul082011

IRS Adjusts Standard Mileage Rate

Thursday
Jul072011

Daily Market Commentary: Stocks Climb

Stocks posted gains Thursday. Brands such as Bank of America, Cisco Systems, JPMorgan Chase and Intel traded upward on favorable economic data. The ADP payroll report showed that companies added 157,000 jobs last month, about twice the amount expected. Meanwhile, the Labor Department said initial jobless claims dipped by 14,000 to 418,000 last week. Elsewhere, crude oil tacked on $1.69 to settle at $98.34 a barrel. Looking ahead, official employment data for June will see the light of day tomorrow. 

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Thursday
Jun302011

Ted Parrish, CFA comments on Bank of America

Thursday
Jun302011

Ted Parrish, CFA on CNBC - Watch the Clip

Tuesday
Jun212011

Two Ways to Lower Car Insurance

Did you know your credit can affect your car insurance? Read this tip to learn two ways to lower the cost of your car insurance.

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Tuesday
Jun212011

What Are the Chances of Being Audited? You'd Be Surprised!

Think you're safe from an audit because you have received your refund check? Think again! Read this for startling information on audits.

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Friday
Jun172011

Tax Strategist: How Long Should You Hold onto Records?

Now that your taxes have been completed for 2010, you are probably wondering what old records can be discarded. You may have records from years ago that you are apprehensive about destroying. Before starting a toss pile, understand why the records should be kept.

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Wednesday
May182011

Hensslers honored with Kennesaw State University 2011 President’s Award

May 2011. Kennesaw, Ga.—Kennesaw State University awarded Dr. and Mrs. Gene W. Henssler with the 2011 President’s Award at the Annual Presidents' Dinner. Gene and Pat Henssler were recognized for their contributions to the university.

The Hensslers helped establish the Student Managed Investment Fund at the Michael J. Coles College of Business. Their donation and continued support of this fund provides top-tier business students with the experience of operating a fund and management firm by applying classroom theory in a real-world setting.

“The award is a great honor that recognizes our commitment of giving back to the university,” said Gene W. Henssler, Ph.D., President and CEO of Henssler Financial. “Our firm strives to participate in opportunities that will benefit both the college and the students.” Henssler is a former professor at Kennesaw State, and currently holds the title of Professor Emeritus. 

Dr. and Mrs. Henssler truly deserve this award,” added William G. Lako, Jr., CFP®, a principal of Henssler Financial and Kennesaw alumnus. “Part of what makes Henssler Financial a unique company is its long-standing commitment to benefit the university, where so many of us began our path to successful careers.”

The Presidents' Dinner honors the friends of the university whose significant annual gifts have made a tremendous impact in the lives of our students and the university. This year's event was held at the Cobb Energy Performing Arts Centre.