Holiday Gifting with a Tax Twist
While all the holiday gifts you give will cost you money, some might also yield a tax benefit.
Qualified Charitable Distributions: Using Your IRA to Give from the Heart
If you are 70½ or older and must begin taking annual required minimum distributions, you can use a qualified charitable distribution (QCD) to donate from your IRA and get a tax break, whether you itemize or not.
Cofounder Conflict Could Be One of the Biggest Threats to Your New Business
The number-one threat to your business isn’t an external factor at all. It’s the people you’ve cofounded that business with.
Should You Consider an IRS Issued Identity Protection PIN?
Often, identity theft and refund fraud victims may be unaware that their identity has been used fraudulently. Should you consider getting an Identity Protection PIN?
Deducting the Costs of Modifications for Senior-Proofing a Home
According to the Social Security Administration, 10,000 baby boomers a day are reaching the age of 65. As such, many people are senior-proofing their homes for either themselves or an older family member. If you are planning these home improvements, read this first to find out what costs might be tax-deductible.
College Cost Data for 2019-2020 School Year
Each year, the College Board releases its annual Trends in College Pricing report that highlights current college costs and trends. While costs can vary significantly depending on the region and college, the College Board publishes average cost figures, which are based on a survey of nearly 4,000 colleges across the country. Following are cost highlights…
Employer-Offered Benefits That Can Save You Money and Taxes
If your employer offers one of these benefits, you should seriously consider taking advantage of it, if you haven’t already.
Life Insurance and Estate Planning
Frank bought life insurance. Dave did not. Let’s take a look at how their families fared after their death.
Henssler Financial Staff Contributes more than $3,800 for The Center for Family Resources
For the third year in a row, Henssler Financial spent the month of October collecting food items and money for the Center for Family Resources’ Thanks for Giving food drive.
Don’t Overlook These Essential Small Business Tax Credits
As a small business owner, proper tax planning will ensure you take advantage of every tax credit you qualify for. We outline five essential small business tax credits.