Aug 2, 2018 | Tax, Uncategorized
Student Loan Forgiveness Creates New Tax Trap August 24, 2018 The Debt Forgiveness Program Dilemma To combat the hardship of high student loan debt, a popular new repayment option is the income-based repayment plan. These plans limit monthly payment amounts to a...
Aug 2, 2018 | Uncategorized
College & Credit Cards August 16, 2018 If you’ve gone back and forth about whether or not it’s a good idea to send your child to college with a credit card, you aren’t alone. Opinions are divided, both among parents and financial advisors. The...
Aug 2, 2018 | Savings, Uncategorized
Manage Capital Gains Tax Tips August 14, 2018 Understand Capital Gains and Their Taxability. Capital gains are recognized when you sell a capital asset for more than your basis in that asset. Capital assets are typically something of value like your home, a car and...
Aug 2, 2018 | Business, Uncategorized
Setting Up Your Business Accounting System August 8, 2018 Consider Business Entity. Choosing the right legal and tax entity for your business is important. Consult experts to discuss your options. On the tax side, sole proprietors use a Form 1040 Schedule C to report...
Aug 2, 2018 | Uncategorized
Retirement Plan Mistakes August 20, 2018 Participating in a 401(k) or similar retirement plan is a tax-advantaged way to save for retirement. If you have the option of participating in a 401(k) plan, avoid these five common mistakes: Not Taking Full Advantage. Too...
Jul 30, 2018 | Tax, Uncategorized
Supreme Court Ruling Complicates Sales Tax August 1, 2018 The U.S. Supreme Court issued a ruling in the South Dakota vs Wayfair case that opens the door for states to impose sales tax on sellers outside their borders. The case highlights a new standard of business...
