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Monthly Archives: February 2012

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New Reporting Requirement for Individuals with Foreign Financial Assets

Blog, TaxBy Henssler FinancialFebruary 29, 2012

New this tax filing season: If you hold “specified foreign financial assets” you may have to file IRS Form 8938. Find out more in this week’s Tax Tip.

Leaving a Legacy

Blog, EstateBy Henssler FinancialFebruary 28, 2012

There are four ways your property will pass on to your heirs. Now is the time to make sure arrangements are in order. Find out more in this week’s Financial Tip.

Dow Flirts with 13,000 Mark but Gas Prices eye $4 a Gallon

Economy/Stock MarketBy Henssler FinancialFebruary 27, 2012

The “Money Talks” hosts discuss the week’s movements and what higher gas prices might mean for our economy.

Interview: Ken Harmon, D.B.A., Provost and Vice President for Academic Affairs

InterviewBy Henssler FinancialFebruary 27, 2012

Provost and Vice President for Academic Affairs for Kennesaw State University, Ken Harmon, joins “Money Talks” to discuss President Obama’s “Blueprint for Keeping College Affordable and Within Reach for All Americans.”

DOL 401(k) Plan Disclosure Rules Take Effect Soon

Blog, Business Owner/Self Employed, RetirementBy Henssler FinancialFebruary 24, 2012

New rules are requiring 401(k) plans to provide detailed information to participants about the plan and its investments. Learn more in this week’s Business Tip.

Business Owner Succession Planning

Blog, Business Owner/Self Employed, InsuranceBy Henssler FinancialFebruary 23, 2012

What will happen to your small business when you retire? Think about how you’ll transfer ownership now. Learn about Business Owner Succession Planning in this week’s Insurance Tip.

Don’t be Scammed by Tax Season Cyber Criminals

Blog, Cybersecurity, TaxBy Henssler FinancialFebruary 22, 2012

There is one and only one instance when you can ignore the “IRS” — phishing scams. Learn what to look for in this week’s Tax Tip.

Women and Estate Planning

Blog, Estate, Financial Issues Facing WomenBy Henssler FinancialFebruary 21, 2012

They say men are from Mars and women are from Venus, but is this true when it comes to estate planning? Find out in this week’s Financial Tip.

Greece’s Woes Give U.S. Markets a Little Shake-up Midweek

Economy/Stock MarketBy Henssler FinancialFebruary 20, 2012

Dr. Gene and Ted Parrish, CFA discuss the week’s events including earnings and the Fed’s minutes from its last monetary policy meeting.

Tax Advantages to Employing Your Children

Business Owner/Self Employed, Family Finances, TaxBy Henssler FinancialFebruary 20, 2012

Employing your children in your sole proprietorship or partnership can provide significant tax advantages, including exemptions from FICA and FUTA taxes, the opportunity to shelter income through their standard deduction, and the potential for long-term financial growth through contributions to a Roth IRA.

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