Owning a vacation home is a dream for many but renting it out comes with complex tax rules that can impact your finances. Understanding the rules is key to maximizing your benefits and avoiding costly mistakes. Get the insights you need to navigate IRS regulations and make the most of your investment!
Social Security benefits are a lifeline for millions, but the taxation of these benefits can be complex. Understanding how your benefits are taxed and the strategies to minimize tax liabilities is crucial. Stay informed and plan wisely to make the most of your retirement income.
Struggling with accounting for your small business? You’re not alone. Many business owners make common mistakes that can lead to financial headaches down the road. From mixing personal and business finances to neglecting regular bookkeeping, these missteps can cost you time, money, and peace of mind.
Big changes are coming to the real estate world! In a landmark $418 million settlement, the National Association of Realtors (NAR) has agreed to change long-standing practices related to sales commissions.
The SECURE Act of 2019 has brought major changes to how IRA and retirement plan assets are distributed to beneficiaries. Understanding RMDs, RBDs, and the distinctions between EDBs and DBs is crucial for navigating these changes.
Whether you’re a hospital administrator or running a small online retail business, implementing these 7 essential QuickBooks Online practices can boost productivity, accuracy, and trust with your customers and vendors.
Thanks to legislative changes in 2016, U.S. Olympians now get some relief from the taxation of their prize money, allowing them to keep more of what they earn through their incredible achievements.
The IRS has announced the 2025 contribution limits for Health Savings Accounts (HSAs) along with the new minimum deductible and maximum out-of-pocket amounts for High-Deductible Health Plans (HDHPs).
The 2024-2025 interest rate for undergraduate Direct Loans is the highest in over a decade, while the rates for graduate Direct Loans and graduate and parent PLUS Loans are at the highest level in more than 20 years.
Asset allocation and diversification are key to managing investment risk. Discover how a strategic mix of stocks, bonds, and cash alternatives can help stabilize your investments.
