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Category Archives: Blog

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Jul32019

New IRS Guidance on State and Local Tax Refunds

Blog, TaxBy Editorial TeamJuly 3, 2019

If you received a federal tax benefit from deducting state and local taxes as an itemized deduction in a prior taxable year and you recover all or a portion of those taxes in the current taxable year, you may need to include a portion of the recovery in gross income. We explain in this week’s Tax Tip.

Jul22019

Federal Student Loan Interest Rates Decrease for 2019-2020

Blog, Education PlanningBy Editorial TeamJuly 2, 2019

For the first time in three years, interest rates on federal student loans will decrease for the 2019-2020 academic year. What are the new rates? Find out in this week’s Financial Tip.

Jun282019

“Boot” and Relief of Owner’s Liabilities

Blog, Business Owner/Self Employed, TaxBy Henssler FinancialJune 28, 2019

Generally the incorporation of a business is tax free to both the shareholders and the corporation…that is until “boot” is involved. We explain in this week’s Business Tip.

Jun272019

How do I replace my Social Security card?

Blog, RetirementBy Editorial TeamJune 27, 2019

Starting a new job? You’ll need to show your Social Security card. Lost your Social Security card? You’ll need a replacement. We explain what to do in this Question of the Week.

Jun262019

Tax Benefits for Members of the Military

Blog, TaxBy Editorial TeamJune 26, 2019

We give a rundown of the most prominent tax benefits for members of the military in this week’s Tax Tip.

Jun252019

Retirement Confidence Increases for Workers and Retirees

Blog, RetirementBy Editorial TeamJune 25, 2019

According to the 29th annual Retirement Confidence Survey, having one of these will make you twice as likely to feel somewhat confident about retirement. Find out what it is in this week’s Financial Tip.

Jun212019

Avoiding Personal Holding Company Tax

Blog, Business Owner/Self Employed, TaxBy Henssler FinancialJune 21, 2019

Corporations should monitor their earnings and the types of income to detect potential exposure to the PHC tax. Read more in this Business Tip.

Jun202019

How can I save money on summer travel?

Blog, Personal FinanceBy Editorial TeamJune 20, 2019

Follow these money-saving tips when planning your next vacation to help make it more affordable. 1. Join a Frequent Flyer Program It will probably take time to accumulate frequent flyer points, but the perks can be worth it. Depending on the program, rewards can include cheaper fares, upgrades, free companion tickets, and more. 2. Be…

Jun192019

Gift and Estate Tax Primer

Blog, Estate, Family Finances, TaxBy Editorial TeamJune 19, 2019

The tax code places limits on the amounts that individuals can gift to others without paying taxes. We explain in this week’s Tax Tip.

Jun182019

Life Insurance Needs: Capital Retention Approach

Blog, InsuranceBy Henssler FinancialJune 18, 2019

The capital retention approach to life insurance helps preserve capital for heirs when the surviving spouse dies. Read more in this Insurance Tip.

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