In today’s Marietta Daily Journal, Bil Lako, CFP® explains the how saving for retirement to a Roth IRA for tax-free retirement funds and saving pre-tax money to a 401(k) can benefit you regardless of what you choose. Read the article here. Disclosures: The investments referenced within this article may currently be traded by Henssler Financial.…
If you’re a small business owner, you may qualify for a home-office deduction. We explain the qualifications and two methods in this week’s Business Tip.
Virtually any loan interest will qualify for the student loan interested deduction if the loan proceeds are used solely for qualified higher-education expense. We explain in this Question of the Week.
The IRS is so focused on cryptocurrency that it issued warning letters to more than 10,000 taxpayers that it suspects might have an under-reporting problem. We explain in this week’s Tax Tip.
The “Money Talks” experts compare saving money to a Roth IRA for tax-free retirement funds versus taking the tax break now by saving pre-tax money to a 401(k).
Your 2018 tax return has either been filed or extended. Now it’s time to look at the changes that will impact your 2019 return when you file it in 2020. Read more in this week’s Tax Tip.
Depending on how much time and energy you put into a side hustle, you could earn a significant supplemental income. We explain the pros and cons in this Question of the Week.
If you would like to make a substantial tax-deductible charitable donation this year, but have the ability to spread the actual distribution of funds to specific charities over a number of years, a donor-advised fund (DAF) may fill that need. We explain in this week’s Tax Tip.
Determining the tax deduction for a foreign business trip of a self-employed individual that is combined with a vacation can be complicated. We offer pointers in this week’s Business Tip.
If you were unpleasantly surprised by the amount of tax you owed or the amount of your tax refund when you filed your 2018 tax return, it may be time to check your withholding. It may also be time if there are changes in your life or financial situation that affect your tax liability. For…
