Blog

Deductions (Loans/Donations)
pIt’s not unusual for a family member to provide financial assistance to another family member by giving the recipient money to meet a need -- i.e. to help purchase a home, pay for medical expenses, etc./ph4What If You Classify It as a Loan?/h4pThe parties might want the transaction be structured as a loan.
Posted October 26, 2015
Business Strategies
h4Financial Ratios/h4pFinancial ratios are metrics that help measure the health and performance of a business. Such ratios help tell the story behind what’s disclosed in the company’s financial statements, and they are relevant for both small and large businesses.
Posted October 23, 2015
Health

File Your 2014 Tax Return Now to Receive Timely Advance Payments in 2016

The IRS has recently made an announced regarding the following issues related to the ACA (Affordable Care Act):

Posted September 30, 2015
Tax Planning
pIt’s never too early to begin detailed planning for next year’s taxes -- especially as we head into the final stretch of 2015 and get a better look at what the coming tax season has in store./ppWhile official numbers for 2016 are not yet released by the Internal Revenue Service (IRS), many figures are formulas set within the Internal Revenue Code
Posted September 23, 2015
IRS Credit Issues
pUnfortunately, when the tax season ends and most people stop thinking about tax issues, the tax scammers are just getting started.
Posted September 17, 2015
Business Strategies
p“Nothing lasts forever,” as the age-old saying goes. Eventually, ownership and key employees will leave your business, voluntarily or involuntarily, and no longer play a role in the business they worked so hard to create.
Posted September 11, 2015
Tax Tips
pLabor Day signifies the end of summer and comes with a three-day weekend; maybe a trip to the beach, the lake, or the the cabin, and a barbecue.  /p
Posted August 27, 2015
Tax Tips
pWhether you just spent the entire summer paying for child care and are happy to know that you now have a safe place to drop off your children Monday through Friday or you are wondering where your kids are going to be between the end of the school day and the end of your work day, child care is something that parents are all thinking about and tryi
Posted August 22, 2015
Budgeting
div class=panel-pane pane-entity-field pane-node-bodydiv class=field field-name-body field-type-text-with-summary field-label-hiddenpIt’s that time of year; students are headed back to school and we are once again reminded that another year of the educational timeline has begun./ppFor parents,  it only gets more expensive as the years tick by and a
Posted August 17, 2015
Budgeting
pThe end of summer is in sight and for the younger members of the population, that means coming to grip with the end of worry free summer days. As the school buses take to the streets, the back to school sales heat up and the weather begins to cool down, you might want to take this opportunity to evaluate where your finances stand.
Posted August 12, 2015