New business owners, especially those operating small businesses, may be helped by a tax provision allowing them to deduct up to $5,000 of the start-up expenses and $5,000 of organizational costs in the first year of the business’s operation.
As an investor, you may wonder what a stock split is and how it might affect your portfolio. A common misconception is that splits automatically increase the value of an investor’s holdings.
If you or a dependent have already filed your federal return with unemployment income, the IRS will automatically adjust your return to account for the American Rescue Plan’s $10,200 exclusion.
Your dog bites your child’s friend’s parent. Your homeowner policy should respond if you are found liable for accidents that happen on your property. But what about damages that exceed your liability limits on your policy?
The funds rate affects many short-term interest rates, including the rates on money market mutual funds, which were already low to begin with. What’s the appeal with such a low return? Stability and liquidity.
APRIL 2021, KENNESAW, Ga.— Readers of Cobb Life magazine and the Marietta Daily Journal nominated and voted Henssler Financial as Best Investment Firm, and John Dickson, CPA, CVA, CFP®, as Best Accountant in the 2021 Best of Cobb list. “We try to consistently improve our corporate culture and both client and employee experience,” said firm…
Tax credits are a tax benefit that offsets your actual tax liability, as opposed to a tax deduction, which reduces your income. The following is a summary of some of the tax credits available to individual taxpayers:
The housing market during the coronavirus pandemic has certainly been notable. Historically low interest rates resulted in record homebuying, even as housing prices escalated.1 Fortunately, the mortgage industry has been able to keep up with the pace of the real estate market by utilizing already existing technology. Homebuyers can search for lenders, compare interest rates,…
The recently passed American Rescue Plan Act includes a provision for the federal government to pick up the cost of COBRA health coverage for employees’ involuntary termination of their employment or reduction of hours subject to certain qualifications.
If your teens or grandchildren talk about becoming a famous gamer on YouTube, you may think their dreams of playing video games is ridiculous. However, their passion for playing can become a real business.
