Deadline Approaching for Undoing a 2014 Roth IRA Conversion
If you converted an IRA to a Roth in 2014 and you’ve sustained a loss, all is not lost. But you only have until October 15th. Learn more in this week’s Financial Tip.
In the News: Think Twice Before Using a ROBS to Fund Your Business Dreams
In today’s @MDJOnline, Bil Lako, CFP®, explains how a rollover as a business start-up is a risky move. Read the Article
Business Entities: Sole Proprietorship (SP)
As a sole proprietor, you can hire your spouse without having to pay FUTA taxes (federal unemployment) on their salary. Read all about it in this week’s Business Tip.
Life Insurance Evaluation: Belth Yearly Rate of Return Method
Calculate the yearly rate of return for several years for an accurate measure of a life insurance policy’s performance. We explain the Belth Yearly Rate of Return Method in this week’s Insurance Tip.
Tax Tips for Disabled Taxpayers
Disabled taxpayers may qualify for tax credits or benefits. We highlight several that may help you save in this week’s Tax Tip.
Frequently Asked Questions on Opening a 529 Plan Account
529 Plans are known for their flexibility for college savings. We answer some frequently asked questions in this week’s Financial Tip.
Short-Term Cash? Don’t Dismiss Your 401(k)
While not always a good idea, Bil Lako, CFP®, discusses taking a loan from your 401K in today’s Marietta Daily Journal. Read the Article
Business Entities: S Corporations
Different business entities have different strengths and weaknesses. In this week’s Business Tip, we examine S Corporations.
Life Insurance Evaluation: Belth Yearly Price of Protection Method
One way to compare life insurance policies is to figure the yearly price of protection. We explain in this week’s Insurance Tip.
Receiving Social Security Can be Taxing
Are your Social Security benefits taxable? It all depends on your modified adjusted gross income. Learn more in this week’s Tax Tip.