Odds of Being Targeted by the IRS for Audit
The IRS audit selection process favors returns that claim the Earned Income Tax Credit. Learn more in this week’s Tax Tip.
Want to Reduce Required Minimum Distributions and Extend Your Retirement Benefits?
Some seniors may benefit from a qualified longevity annuity contract to lower their RMDs. We explain in this week’s Tax Tip.
Using Home Equity for Business Needs
Before you tap your home equity to fund a business venture, you need to understand the tax ramifications. Read all about it in this week’s Business Tip.
Deductions Eliminated Under Trump’s Tax Reform Proposal
Tax laws are *always* subject to change. Learn what deductions may be up for elimination in this week’s Tax Tip.
Big Tax Break for Adoptive Parents
If you are an adoptive parent or are planning to adopt a child, you may qualify for a substantial income-tax credit. We explain in this weeks Tax Tip.
Can You Deduct a Home Office, and Is It Worth It?
While calculating the home office deduction has become easier, the qualifications are still pretty stringent. Read all about it in this week’s Business Tip.
Tax Benefits of Home Ownership
There are several federal tax benefits available to make homeownership more affordable and less expensive. Learn more in this week’s Tax Tip.
Deducting Convention Expenses
Planning on writing off that business convention trip to London? Before you do, know what is deductible. We explain in this week’s Business Tip.
Estimating Your Tax Withholding
You should have just enough taxes withheld to prevent you from incurring penalties when your tax return is due. We explain in this week’s Tax Tip.
In the News: Special Tax Strategy for Company Stock Could Save Significant Tax Dollars
In today’s Marietta Daily Journal, Bil Lako, CFP®, explains a tax-saving tip for highly appreciated company stock in your 401(k).