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Category Archives: Tax

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Oct302015

Business Entities: Limited Partnerships

Blog, Business Owner/Self Employed, TaxBy Henssler FinancialOctober 30, 2015

Unlike a corporation, a limited partnership is inexpensive and simple to create and maintain. Read more in this week’s Business Tip.

Oct282015

Gifting Money or Property Can Have Serious Tax Consequences

Blog, TaxBy Henssler FinancialOctober 28, 2015

Few people turn away a gift of money. When you give, know the tax consequences. We explain in this week’s Tax Tip.

Oct212015

Are Charity Auction Purchases Deductible Contributions?

Blog, TaxBy Henssler FinancialOctober 21, 2015

Remember that hand-blown glass vase you purchased at a charity auction? Only some of what you paid is deductible. Learn why in this week’s Tax Tip.

Oct162015

Business Entities: Professional Corporations

Blog, Business Owner/Self Employed, TaxBy Henssler FinancialOctober 16, 2015

Your business entity can affect your liability, continuity and taxes. Today we look at professional corporations (PC). Read more in this week’s Business Tip.

Oct142015

Keep Track of Your Investment Basis

Blog, TaxBy Henssler FinancialOctober 14, 2015

Basis begins with the price you paid for your investment, but certain events can change it over time. We explain in this week’s Tax Tip.

Oct72015

October 15 Due Date for Extensions and Retroactive Business Expenses Rapidly Approaching

Blog, Business Owner/Self Employed, TaxBy Henssler FinancialOctober 7, 2015

October 15 is approaching! That means tax deadlines for Extensions and Retroactive Business Expensing. We explain in this week’s Tax Tip.

Oct22015

Business Entities: Sole Proprietorship (SP)

Blog, Business Owner/Self Employed, TaxBy Henssler FinancialOctober 2, 2015

As a sole proprietor, you can hire your spouse without having to pay FUTA taxes (federal unemployment) on their salary. Read all about it in this week’s Business Tip.

Sep302015

Tax Tips for Disabled Taxpayers

Blog, TaxBy Henssler FinancialSeptember 30, 2015

Disabled taxpayers may qualify for tax credits or benefits. We highlight several that may help you save in this week’s Tax Tip.

Sep252015

Business Entities: S Corporations

Blog, Business Owner/Self Employed, TaxBy Henssler FinancialSeptember 25, 2015

Different business entities have different strengths and weaknesses. In this week’s Business Tip, we examine S Corporations.

Sep222015

Special Considerations for Second/Vacation Homes

Blog, TaxBy Henssler FinancialSeptember 22, 2015

Before buying a second or vacation home, consider the costs, rental potential and tax treatment. We explain in this week’s Financial Tip.

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