Ever Wonder What a Tax Deduction Might Save You?
What is a tax deduction worth? It depends on your situation and the type of deduction. We explain in this Tax Tip.
What is a tax deduction worth? It depends on your situation and the type of deduction. We explain in this Tax Tip.
As a grandparent, you can teach your grandchildren financial responsibility while securing their financial future. Read more in this Tax Tip.
If you have losses in certain stocks or bonds, you may be able to sell them for a loss to offset any capital gains you recognized during the year.
Marriage changes everything, including your taxes and how you go about year-end tax planning. We explain in today’s Marietta Daily Journal. Read the Article
Gambling winnings are reported as income, while gambling losses are deducted on Schedule A. If you scored big at the casino, read this week’s Tax Tip.
Bil Lako, CFP®, explains how recognizing your capital losses may improve your tax situation. Read the Article in Today’s Marietta Daily Journal
Saving for your children’s education in their name? Don’t be deterred by the Kiddie Tax. Read more in this week’s Tax Tip.
Depending on the gain you stand to make, it may be a better option to trade your business vehicle than sell it. Learn more in this Business Tip.
Won an item at a charity auction? Only part of your winning bid may be tax deductible. Read more in this Tax Tip.
Your first contact with the IRS will not be a phone call, but an official correspondence sent through the mail. We explain in this Tax Tip.