Business Owners: Don’t Miss Out on the Domestic Production Deduction
Businesses with qualified production activities can take advantage of the Domestic Production Deduction on their taxes. Read this Tax Tip for more.
Holiday Party Insurance
If you’re serving more than turkey during the holidays, be sure your insurance covers your social host liability. Find out more in this week’s Insurance Tip.
Tax Strategist: Expiring Tax Provisions
We look at two expiring tax provisions—Tax-Free Charitable Donations from IRAs and Deducting General Sales and Use Taxes.
Do You Need Flood or Earthquake Insurance?
Can you afford to rebuild and replace your home after a natural disaster? Consider a flood or earthquake insurance policy. Read this week’s Insurance Tip for more information.
Tax Tips for Job Seekers
If you are unemployed, certain expenses you incur when looking for a new job may be tax deductible. Learn more in this week’s Tax Tip.
New Student Debt Repayment Plan
On October 26, 2011, President Obama announced a plan that seeks to help college graduates pay back their federal student loans. The plan is an executive order and does not require approval by Congress. It is scheduled to take effect beginning in 2012. Read more in this Financial Tip.
How Does Cash Value in a Life Insurance Policy Really Work?
Cash value life insurance comes in many forms, so people often get confused. Learn more how the cash value works in this week’s Insurance Tip.
Social Security and Medicare Figures for 2012
The Social Security Administration has announced that for the first time since 2009, a cost-of-living adjustment (COLA) will be paid to Social Security beneficiaries and Supplemental Security Income (SSI) recipients. Monthly benefits will increase 3.6% starting in January 2012 for Social Security beneficiaries and starting on December 30, 2011, for SSI recipients. Read more in this Financial Tip.
Is It a Business or a Hobby?
You sold your tomatoes at the farmer’s market, but is your garden considered a business or a hobby? It’s complicated. Read this week’s Tax Tip for more.
Evaluating Risk in Your Portfolio
While you may judge your portfolio on its return, don’t neglect to consider the risk incurred in obtaining those returns. Read this week’s Financial Tip for more.