Coinsurance Clause in Homeowners Insurance
If you don’t insure your home for at least 80% of its value, you will likely face a coinsurance penalty. Read all about it in this Insurance Tip.
Family Home Loan Interest May Not Be Deductible
Loaning money to a family member for the purchase of a home may have unintended tax consequences. Learn more in this week’s Tax Tip.
What Baseball Can Teach You about Financial Planning
Cover your bases. Good idea in baseball. Better idea for financial planning. Read more in this week’s Financial Tip.
Taxes on Your Child’s Unearned Income
Your child’s unearned income from dividends, interest and capital gains may be subject to the Kiddie Tax rules. Read our Article in Today’s Marietta Daily Journal
Ability to Raise Capital as Factor Influencing Choice of Entity
Before you raise capital for your business by selling stock shares to investors, consider your business entity choice. Read more in this Business Tip.
Actual Cash Value in Homeowners Insurance
Since property generally depreciates, an item’s cash value is usually less than its replacement cost. Learn how this affects you in this week’s Insurance Tip.
Saver’s Credit Can Help You Save for Retirement
The retirement savings contributions credit is still available to eligible investors for 2013 IRA contributions. Learn more in this Tax Tip.
Tax Court Says One Tax-Free Rollover per Year Means Just That
Tax Court tightens “One Tax-Free Rollover Per Year” rule with new ruling in case. Learn more in this Financial Tip.
Double Taxation and Foreign Tax Credits
In today’s Marietta Daily Journal, Bil Lako, CFP® explains how the U.S. tax code provides a tax credit for foreign taxes paid. Read the Article
Tax Considerations Influencing Choice of Entity
If your business is instituting or expanding a fringe benefit program, you may need to re-evaluate your business entity. Learn more in this week’s Business Tip.