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Category Archives: Tax

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  2. Category "Tax"
Dec92014

Importance of Timing a Roth IRA Conversion: An Example

Blog, TaxBy Henssler FinancialDecember 9, 2014

We don’t time the market, but we do time Roth IRA conversions to minimize your tax liability. We explain in this week’s Financial Tip.

Dec82014

Give Your Gift to Charity, Not the IRS

Charitable Giving, TaxBy Henssler FinancialDecember 8, 2014

Charitable donations can reduce your tax liability. However, if you donate appreciated stocks, you can also avoid capital gains taxes.

Dec52014

Give Your Gift to Charity, not the IRS

Blog, In The News, TaxBy Henssler FinancialDecember 5, 2014

If you’re giving to charity this holiday season, make sure the IRS isn’t the beneficiary of your gift. We explain in today’s Marietta Daily Journal. Read the Article

Dec42014

Health Savings Accounts Offer Tax Breaks

Blog, Insurance, TaxBy Henssler FinancialDecember 4, 2014

Income earned on a health savings account balance is income tax-free. Read all about it in this Insurance Tip.

Nov252014

Obamacare Adds New Levels of Complexity to Tax Returns

Blog, TaxBy Henssler FinancialNovember 25, 2014

Substantial reporting requirements have been added to the 2014 tax return to facilitate the ACA insurance mandate. We explain in this Tax Tip.

Nov192014

Ever Wonder What a Tax Deduction Might Save You?

Blog, TaxBy 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.

Nov172014

Affect Your Taxes by Carefully Handling Gains and Losses

TaxBy 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, TaxBy 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, TaxBy 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, TaxBy 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

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