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Category Archives: Blog

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  2. Category "Blog"
Mar82023

Tax Benefits for Grandchildren

Blog, TaxBy Henssler FinancialMarch 8, 2023

As a grandparent, you can teach your grandchildren financial responsibility while securing their financial future. We provide some tips so you can avoid any harsh tax consequences.

Mar22023

How to Receive Payments in QuickBooks Online

Blog, Business Owner/Self Employed, Quickbooks TipsBy Henssler FinancialMarch 2, 2023

Getting paid is much more enjoyable than paying your bills. Here are three ways to process incoming money from customers using QuickBooks Online!

Mar12023

Could Your Living Situation Change as You Grow Older?

Aging/Caring for Aging Parents, Blog, Insurance, Your HomeBy Editorial TeamMarch 1, 2023

Planning for the consequences of aging in general, and long-term care in particular, will depend on your preferences and circumstances. We look at some of your living options when you need care.

Feb232023

Health Insurance Made Simple

Blog, Insurance, Starting OutBy Editorial TeamFebruary 23, 2023

The cost of medical care is soaring higher every year, and it’s becoming increasingly difficult (and in some cases, impossible) to pay medical costs out of pocket. Whether you already have health insurance or want to get it, here’s some basic information to help you understand it.

Feb222023

Will the Recently Passed Pension Legislation Affect You?

Blog, Retirement, TaxBy Editorial TeamFebruary 22, 2023

The Consolidated Appropriations Act, 2023, included the SECURE 2.0 Act that can significantly impact and augment your retirement planning strategies. Some provisions apply to individuals while others benefit businesses. We look at the most significant provisions.

Feb162023

Want to Relieve Stress in 2023? Start Building Your Emergency Fund

Blog, Family Finances, Personal Finance, Your HomeBy Editorial TeamFebruary 16, 2023

Did you know roughly three out of every five people are currently living paycheck to paycheck? If you’ve made a New Year’s resolution to become more financially stable, the most important step you can take is to start building your emergency fund.

Feb152023

All the Signs That You May Need Some Assistance With Your Bookkeeping

Blog, Business Owner/Self Employed, TaxBy Editorial TeamFebruary 15, 2023

In the early days of a business, you generally want to handle as many day-to-day tasks yourself—including bookkeeping. But as your business continues to grow, your finances become more challenging, which naturally adds complexity to the bookkeeping process.

Feb92023

Planning On Buying a New Electric Vehicle and Claiming a Tax Credit? Better Read This First

Blog, Personal Finance, Tax, Your HomeBy Editorial TeamFebruary 9, 2023

Although the credit for purchasing a new electric vehicle can still be as much as $7,500, Congress has added some new stringent qualifications as to which vehicles qualify, and for the first time Congress has limited who qualifies for the credit by barring the credit to higher income taxpayers.

Feb82023

Federal Tax Filing Season Has Started

Blog, TaxBy Editorial TeamFebruary 8, 2023

It’s the most wonderful time of the year—for CPAs! The IRS started accepting returns on Monday, January 23, 2023! Remember the filing deadline for most individuals is on Tuesday, April 18, 2023 or Monday, October 16, 2023, if you file for an automatic six-month extension by the original due date.

Feb22023

Double Up with a Spousal IRA

Blog, Family Finances, RetirementBy Editorial TeamFebruary 2, 2023

If you and your spouse are looking for a way to build your retirement savings but one of you is not working, you might consider funding a spousal IRA, as IRS rules allow a married couple to fund separate IRA accounts for each spouse based on the couple’s joint income.

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