Most Overlooked Tax Deduction
If you are a beneficiary of an estate, don’t overlook the income in respect of a decedent tax deduction. Learn more in this week’s Tax Tip.
Taxes — A Balance Between Security and Convenience
Thieves have claimed more than $30 billion in fraudulent tax refunds. Bil Lako, CFP®, explains in today’s Marietta Daily Journal. Read the Article
Planning for Succession of a Business Interest
When you want to retire from being a business owner, you will have to sell or give away your business interest. We explain in this week’s Business Tip.
Insuring a Condo or Co-Op
If you own a condo, know what your homeowners insurance policy covers vs. the condo association’s master policy covers. We explain in this week’s Insurance Tip.
Tax Implications of Paying or Receiving Alimony
Alimony payments are usually taxable for the recipient and deductible for the payer. Learn more in this week’s Tax Tip.
Retiree Confidence on the Rise, EBRI Finds
In the last year, more workers said they’re “very confident” they will have a comfortable retirement. Learn more in this week’s Financial Tip.
Even with auto enrollment, your 401(k) is not set-and-forget
Don’t believe just because you were auto enrolled in your 401(k) that it is set-it-and-forget-it. Bil Lako, CFP® explains in today’s Marietta Daily Journal. Read the Article.
Big Business Write-Offs Available
The PATH Act extended bonus depreciation and made the Section 179 deduction’s higher expensing amount permanent. Read more in this week’s Business Tip.
Are You Caring for a Disabled Family Member?
If you receive Medicaid waiver payments for caring for an individual, these payments may not be taxable as income. Learn more in this week’s Insurance Tip.
Was Your Refund Too High or Did You Owe Taxes? You Probably Need to Adjust Your W-4
Outsized refund or huge tax bill? Adjusting your W-4 may help eliminate surprises next tax season. We explain in this week’s Tax Tip.