Your Home as a Source of Dollars in Retirement
The equity in your home could be one of your largest assets, especially if your mortgage has been paid down over the years or paid off. We explain in this week’s Financial Tip.
Tax Cuts and Jobs Act: Impact on Businesses
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.
The Kiddie Tax Ensures the IRS gets Some of Your Child’s Unearned Income
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
Will Your 2018 Withholding Be Right?
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.
Tax Cuts and Jobs Act: 529 Plan Transfers to ABLE accounts
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.
Immediate Tax Benefit for Capital Expenditures
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
Five Things You Need to Do After Jumping Into Entrepreneurship
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.
Is a Nursing Home the Only Option for Long-Term Care?
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.
Retirement Planning and Inflation
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.
Question of the Week: What Does Compound Interest Have To Do With My 401(k)?
Henssler Associate Peter Lynch, explains the power of compounding interest on your retirement and overall finances.