A Baker’s Dozen Tax Savings Reminders
There is good reason to save all of your receipts, as you may never know what might end up being a deducible expense come tax time.
Index Fund vs. Individual Stocks
Invariably, when markets are volatile, and it seems as if no single investment strategy is keeping up with the market indexes, we get questions from clients asking whether an index fund would be a preferable investment.
Stocks vs. Mutual Funds
We generally recommend that if an investor has less than $50,000 to invest in the market, mutual funds should be purchased to take advantage of the instant diversification. If more than $50,000 can be invested in the market (following our Ten Year Rule), shares of individual common stocks, in different industries, should be purchased.
Financial Planning for Divorce
There is often a need for financial planning prior to a divorce, as high emotions can lead to poor financial decisions.
Choosing the Right Financial Planner for You
When choosing a financial planner, we suggest interviewing multiple planners, having each outline the services they offer, their education, experience and specialties.
What To Do if You Are a Victim of Identity Theft
There are several steps you can and should take to protect yourself if you are a victim of identity theft. Read this C.P.A. Insight to learn what they are.
It’s Never Too Early To Plan For Year-End
Fourth quarter can be a busy time for businesses, so we suggest businesses begin in early August to plan the needed year-end tax processes.
Investment Expenses
Your subscription to The Wall Street Journal might be tax deductible if there is a credible relation between the advice garnered from your reading the paper to your investment activity.
Taxes—On the Right Track
Tired of saving your receipts in a shoe box for your C.P.A.? We offer several methods for tracking your income and expenses year round.
Tax Tracking List
Whether you are drawing columns on paper or assigning category names in computer software to record transactions, use a basic category list to separate your transactions. Our Tax Tracking List contains a complete list of categories.File your receipts as you receive them throughout the year in the appropriate categories.