The Tax Cuts and Jobs Act made some significant changes for businesses, including lower corporate tax rates, provisions for pass-through entities, expanded Section 179 expensing and bonus depreciations, and provisions for foreign income. We explain in this week’s Business Tip.
In Today’s Marietta Daily Journal, Bil Lako, CFP®, explains the changes to the Kiddie Tax that discourages parents from shifting income-producing assets to a child. Read the Article
With the late passage of the Tax Cuts and Jobs Act, the IRS is scrambling to update withholding tables for employers. Keep an eye on your net pay. If the change is too radical you could end up owing tax. We explain in this week’s Tax Tip.
529 Plan account owners can now transfer funds without federal tax consequences from a 529 plan to an ABLE account, a tax-advantaged account for disability-related expenses for individuals who become blind or disabled before age 26. We explain in this week’s Financial Tip.
In today’s Marietta Daily Journal, Bil Lako, CFP® explains how businesses can upgrade their equipment and take a much larger tax write-off in 2018. Read the Article
As an entrepreneur, there’s nothing as exciting as opening the doors for the first time. Before the grand opening, here are few steps you need to do first. We explain in this week’s Business Tip.
Not all long-term care recipients need a nursing home. Some may do just fine in an in-law suite, an assisted living facility or with a home health aide. We explain options in this week’s Insurance Tip.
In retirement, your paychecks stop, but inflation can keep rising; therefore, your portfolio needs to maintain at least some growth potential. We explain in this week’s Financial Tip.
Henssler Associate Peter Lynch, explains the power of compounding interest on your retirement and overall finances.
If companies with intangible assets are being valued like the average industry participant, they may be undervalued. We explain in this week’s Business Tip.
