If you hire contractors for your business, you should review the list of determining factors provided by the IRS to help you classify workers either as employees or independent contractors. When reviewing the checklist, the IRS will make its decision on the whole picture of the professional relationship, not just a single factor. For more information on classifying workers, read this C.P.A. Insight.
Money market funds often used for emergency reserves or short term cash needs. Money market funds are generally considered a safe investment; however, it is still important for an investor to know the underlying investments before a purchase is made. For a general description of some of the investments found in money market funds, read this Investment Whys.
Dr. Gene and Ted discuss why they are both bullish on the market, as both the S&P and Dow were up over 2% for the week ending June 11. They look at several points of good news from both domestically and abroad.
The "Money Talks" hosts talk with insurance expert Jim Crone from CNT Financial about Index Annuities and what purpose they serve in an investment portfolio.
Portfolio Director Ted Parrish, CFA, offers a listener advice on moving funds from an Index Fund to an Index ETF to save on ongoing expenses.
At Henssler Financial, we have established our Henssler Model Portfolio, which is a mix of our recommended high quality, individual common stocks. Our Model generally yields between 1.5% and 2% in terms of dividends. Over the years, we have also created a couple of income portfolios, one that has a higher current yield with…
A tight economy is no reason to postpone your travel plans until better times. While our econonomy is beginning to recover, bookings are still soft for airlines and hotels, so you may be able to benefit from discounting. For more information on how to stretch your dollar especially when traveling abroad, read this Financial Strategy.
Those who are self-employed, partners in a partnership or LLC and 2% or more shareholders in an S corporation can likely add a tax deductible long-term care insurance policies to their health insurance benefits program. For more information on the IRS’ requirements for the policy to be qualified for favorable tax treatment, read this C.P.A. Insight.