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Yearly Archives: 2024

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  2. 2024

Beware: The Dangers of Underpayment Penalties That Could Cost You Big This Tax Season

Blog, New Year/End of Year, TaxBy Editorial TeamNovember 21, 2024

Did you know the IRS charges an 8% penalty on underpaid estimated taxes in 2024? Managing your estimated payments is critical, especially with fluctuating income or unexpected gains.

How to Prepare for Your Year-End Financial Review: A Guide for SMBs

Blog, Business Owner/Self Employed, New Year/End of Year, TaxBy Editorial TeamNovember 20, 2024

Wrap up the year strong with a financial check-up for your business! A year-end review is more than a routine task—it’s a chance to boost profitability, improve cash flow, and set the stage for growth in the coming year.

Protected Income and Sustainable Retirement Spending

Case Study, Featured, Investment Selection, RetirementBy Editorial TeamNovember 19, 2024

Director of Research Nick Antonucci, CVA, CEPA, is joined by Managing Associate K.C. Smith, CFP®, CEPA, and Senior Associate Logan Daniel, CFP®, CRPC®, to discuss investors’ fears regarding income planning during retirement. They explain how Henssler Financial determines how retirees should tap their savings for spending purposes.

In the News: Close out 2024 with these key financial actions

Featured, In The NewsBy Editorial TeamNovember 15, 2024

As seen in this week’s Marietta Daily Journal, Bil Lako, CFP® explains year-end strategic steps to consider based on your unique financial situation, including managing RMDs to tax-loss harvesting, charitable giving, and Roth conversions.

Charitable Gifts of Life Insurance

Blog, Charitable Giving, InsuranceBy Editorial TeamNovember 14, 2024

Did you know life insurance can be a powerful tool for charitable giving? By naming a charity as the beneficiary, you can make a meaningful gift that may also provide tax benefits.

Henssler Financial No. 99 on 2023 CNBC Financial Advisor 100 List

In The NewsBy Editorial TeamNovember 13, 2024

For the fourth consecutive year, Henssler Financial has been included on CNBC’s Financial Adviser 100 list, published on Oct. 2, 2024. CNBC’s annual list recognizes those advisory firms that best help clients navigate their financial lives.

Navigating the Tax Complexities of Hiring Household Employees

Blog, Tax, Your HomeBy Editorial TeamNovember 13, 2024

Thinking about hiring household help? From nannies to gardeners, employing household staff comes with important responsibilities—especially around payroll and taxes. Learn about worker classification, payroll requirements, tax implications, and how to stay compliant.

Close Out 2024 with These Key Financial Actions

Case Study, Charitable Giving, Featured, New Year/End of Year, Retirement, TaxBy Editorial TeamNovember 12, 2024

Senior Associate Michael Griffin, CFP®, Associate Josh Weidie, CFP®, CWS®, and Tax Manager Matthew Reed, CPA/ABV, join forces to discuss key financial and tax year-end moves that investors should consider to finish 2024 on the right foot.

In the News: Beyond inheritance: The executor’s essential role in settling an estate

Featured, In The NewsBy Editorial TeamNovember 8, 2024

As seen in the Marietta Daily Journal: Bil Lako, CFP® explains how the role of executor is more than just handing out inheritances—it’s about managing details, navigating probate, and honoring wishes.

Managing Contractor Payments and 1099s the Easy Way with QuickBooks Online

Blog, Business Owner/Self Employed, TaxBy Editorial TeamNovember 7, 2024

Ready to hire independent contractors? The flexibility can be a game-changer, but don’t skip on IRS compliance! QuickBooks Online simplifies this process, making it easier to manage payments and tax reporting.

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