Tax Consequences of Losing Your Job
If you have lost your job, there are a number of tax issues you may encounter. How you deal with these issues can profoundly impact your taxes and finances.
Deducting Health Insurance: Special Rule for Self-Employed Taxpayers
Are you self-employed? You may be able to deduct 100% of the insurance premiums paid at the end of the year without itemizing deductions.
Student Loan Relief Extended Through End of 2020
Federal student loan relief was extended through December 31, 2020. Additionally, no interest will accumulate on the loans — the interest rate will remain at 0% through 2020.
Is a Living Trust Appropriate for You?
You have probably heard others discussing living trusts but may not understand the reasons for them or whether you should have one.
SBA Issues a Simplified PPP Loan-Forgiveness Application
The original PPP loan forgiveness application practically required an accounting degree to figure it out. We explain the SBA’s new simplified form: SBA Form 3508EZ.
FAFSA for 2021-2022 Academic Year Opened on October 1
Your income from two years prior is what counts on the FAFSA. For example, the 2021-2022 FAFSA will rely on income information in your 2019 tax return.
Solar Tax Credit is Sunsetting Soon
Thinking about going solar? You might be eligible for a federal tax credit for the purchase and installation costs.
Record Keeping for Your Own Business
Business Owners: Records management is vital because it can help you analyze where your business is and, more importantly, where it’s going.
Henssler Financial Places on CNBC Financial Advisor 100 List
OCTOBER 2020, KENNESAW, Ga.— Henssler Financial ranks at No. 80 on CNBC’s Financial Adviser 100 list, published on Oct. 6, 2020. The list celebrates the advisory firms that offer a comprehensive service that helps clients navigate through their financial life. “It’s always wonderful to be recognized for your work,” said Dr. Gene Henssler, Ph.D., president…
Coping with Market Volatility: Check Your Withdrawal Rate
If your nest egg has shrunk as a result of market turmoil but you continue to take the same amount of money out of it each year, you might be increasing your odds of running out of money sooner than you had planned.