Effective Mid Year Tax Planning

Tax Planning in July?   Mid-summer Planning Can Get You on the Right Track.  July 8,  2019   With summertime activities in full swing, tax planning is probably not on the top of your to-do list. But putting it off creates a problem at the end of the year when...

2020 HSA Limits

2020 Health Savings Account Limits New contribution limits are on the horizon June 7,  2019   The savings limits for the ever-popular health savings accounts (HSA) are now set for 2020. The new limits are outlined here with current year amounts noted for comparison....

Payroll Fraud Schemes

Payroll Fraud Schemes Every Business Should Know June 11,  2019   According to the Association of Certified Fraud Examiners, nearly 30 percent of businesses are victims of payroll malfeasance, with small businesses twice as likely to be affected than large...

Summer Job Taxes

Three Things to Know About Summer Job Taxes June 19,  2019   Summer brings warm weather, fun outdoor activities and new opportunities to earn some additional income. However, taxes on seasonal income need to be handled with care, whether they’re related to...

Bookkeeping Elements

Four Key Elements of Great Bookkeeping June 4,  2019   If properly executed, your bookkeeping system will turn out accurate financial statements that can be used for several tasks – financial reporting, budgeting, forecasting, raising capital, applying for...

How to Maximize Your Social Security

The Homeowner Tax Break May 17, 2019   There is large tax break that allows you to exclude up to $250,000 ($500,000 married) in capital gains on the sale of your personal residence. But making the assumption that this gain exclusion will always keep you safe from...