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Category Archives: Tax Tips

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Nov192014

Ever Wonder What a Tax Deduction Might Save You?

Blog, Tax TipsBy Henssler FinancialNovember 19, 2014

What is a tax deduction worth? It depends on your situation and the type of deduction. We explain in this Tax Tip.

Nov192014

Tax Benefits for Grandchildren

Blog, Tax TipsBy Henssler FinancialNovember 19, 2014

As a grandparent, you can teach your grandchildren financial responsibility while securing their financial future. Read more in this Tax Tip.

Nov172014

Affect Your Taxes by Carefully Handling Gains and Losses

Financial Tips, Radio, Tax TipsBy Henssler FinancialNovember 17, 2014

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.

Nov142014

Together Forever: Marriage and Taxes

Blog, In The News, Tax TipsBy Henssler FinancialNovember 14, 2014

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

Nov122014

Gambling Income and Losses

Blog, Tax TipsBy Henssler FinancialNovember 12, 2014

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.

Nov72014

Affect Your Taxes with Gains, Losses

Blog, In The News, Tax TipsBy Henssler FinancialNovember 7, 2014

Bil Lako, CFP®, explains how recognizing your capital losses may improve your tax situation. Read the Article in Today’s Marietta Daily Journal

Nov52014

Getting Around the Kiddie Tax

Blog, Tax TipsBy Henssler FinancialNovember 5, 2014

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.

Oct312014

Better to Sell or Trade a Business Vehicle?

Blog, Business Tips, Tax TipsBy Henssler FinancialOctober 31, 2014

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.

Oct292014

Charity Purchases and Auctions

Blog, Tax TipsBy Henssler FinancialOctober 29, 2014

Won an item at a charity auction? Only part of your winning bid may be tax deductible. Read more in this Tax Tip.

Oct222014

Repeated Warning about Phone Scams

Blog, Tax TipsBy Henssler FinancialOctober 22, 2014

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.

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