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Five home office deduction mistakes

June 25, 2017

Here are five common mistakes of those who deduct home office expenses.

Keywords: tax, tax planning

Three actions to save for retirement

June 24, 2017

If you haven't started saving for retirement or you haven't saved enough, here are three actions you can take to put you in a better position during your golden years:

Keywords: retirement

Reap the benefits of hiring your child for the summer

June 23, 2017

Hiring your children to work in your business can be a win-win situation for everyone. Your kids will earn money, gain real-life experience in the workplace, and learn what you do every day. And you will reap a few tax benefits in the process.

Keywords: children income

Tax-free income

June 22, 2017

Yes, that's correct, there are some forms of income you receive that may be tax-free. Here is a list of eight common sources of tax-free income.

Keywords: tax, tax planning

Children, taxes, and their new job

June 7, 2017

Is your child thinking about taking on a job for extra money this summer? If so, both of you may have questions about taxes. The following are a few tax tips to help you prepare.

Midyear tax planning more important than ever

June 6, 2017

Summertime usually makes us think of vacations, backyard barbecues, and general relaxation. Tax planning may not be on the top of your summertime to do list, but this year you may want to consider making time for it.

Keywords: tax, tax planning, taxes

May 2017 Market Insight

June 1, 2017

Volatility in the market is at a multi-decade low. Even though the markets are buzzing with noise about political drama...

Keywords: stock market, stocks

Keep your audit fears in check

May 22, 2017

Getting audited by the IRS is no fun. However, your chances of being audited are probably lower than you think. A look at the latest IRS statistics for 2016 reveals some interesting and reassuring facts about the risk of an IRS audit.

Keywords: audit, irs

4 tips to landing your dream home in a seller’s market

May 22, 2017

Here are some suggestions to landing your dream home in our current real estate market.

Reasons to incorporate your business

May 22, 2017

Here are some reasons you may want to consider incorporating your growing business.

Take time to review your beneficiary designations

May 10, 2017

Who have you designated as beneficiaries for your insurance policies and retirement accounts? If you can't remember, it's worth checking. If you make the wrong decision, it could affect who inherits those assets. Here are some key facts about beneficiaries:

Know the tax rules before gifting

May 9, 2017

Gift giving can be an important tax planning strategy. But before you write checks, learn the rules. Here are two of them:

Keywords: tax planning, taxes

April 2017 Market Insight

May 2, 2017

April was another rip-roaring month, as almost every major stock index across the globe increased significantly. International companies continued to outperform their U.S. counterparts, as the MSCI World ex USA Index returned over 2.13% for the month...

Keywords: stock market

What to do if you are selected for a correspondence audit

April 24, 2017

The IRS is now handling many routine audit reviews through form letters called correspondence audits. These letters come from the IRS and ask for clarification and justification of specific deductions on your tax return.

Keywords: irs audit

IRS is now using collection agencies

April 24, 2017

The IRS is now using outside collection agencies to collect unpaid tax obligations. This new program will start slowly with only a few hundred taxpayers receiving mailings. The number will grow into the thousands later in the spring and into summer.

Keywords: irs, taxes

Schedule your midyear tax planning session

April 24, 2017

Most people don’t include tax planning on their summertime agenda, but maybe they should. The problem with waiting until the end of the year is that you reduce the time for planning strategies to take effect.

Keywords: tax planning, taxes

Checking your withholding could be a smart move

April 6, 2017

If you received a large tax refund or owed a large balance on your 2016 income tax return, it may be time for you to check your withholdings.

Do's and don'ts of amending your tax return

April 6, 2017

What happens when you discover you made a mistake on your 2016 return that you just filed? Before you decide if you should file an amended tax return, there are a few do's and don'ts you should know. First, don't panic, and second, don't ignore

March 2017 Market Insight

April 4, 2017

It was an interesting month in financial markets as U.S. stocks and bonds were largely flat, while international stocks (MSCI EAFE) surged 2.75%. This surge of international stocks has been very short-lived so far, but the surge is worth noting

Keywords: stock market

Health Savings Accounts: Now or Later


Health Savings Accounts (HSAs) are a great savings tool for those with High-Deductible Health Insurance Plans (HDHP)*. HSAs allow people to build up tax-free savings for most out-of-pocket medical expenses, whether those expenses happen now or later.

Keywords: health, medical

Social Security News

April 4, 2017

The Social Security Administration announced earlier this year that they will be mailing out fewer Social Security Statements. Only people age 60 and over will receive annual statements in the mail.

Keywords: social security

Rising Rates: What You Need to Know and Why

By Chris Nadler, CTFA, Investment Advisor   |  April 4, 2017

On March 15, 2017, the Federal Reserve Bank made the decision to increase the target range for the Federal Funds Interest Rate to between 0.75%-1.00%. To start, what is the Federal Funds Interest Rate?

Keywords: interest rates

Meet Beau Carpenter, CPA

April 4, 2017

We'd like to introduce you to Beau Carpenter, CPA.

Keywords: beau carpenter, cpa

Investment Update


The year is off to a great start for stock investors, as the S&P 500 Index (U.S. large companies) is up 6.07% through the end of March. U.S. stocks have been strong over the course of the last several years, as we've seen only minor decline

Apply for an extension if you can’t file by April 18

March 24, 2017

Tax time can be stressful, but don’t panic if you can’t file your tax return on time. There's still time to get an automatic six-month deadline extension.

Keywords: tax extension

What’s due on April 18?

March 22, 2017

Tuesday, April 18, is a major tax deadline. Here are some of the tax filing and related deadlines:

Keywords: tax deadlines

Tax time is scam time - IRS announces the Dirty Dozen

March 3, 2017

Each year the IRS produces its "Dirty Dozen" list of tax scams. As criminals become savvier at stealing personal information and scamming people out of their money, taxpayers must be more vigilant than ever. Here are some of the more common scams...

Keywords: tax scams

April IRA deadlines fast approaching

March 3, 2017

As tax day approaches, there are two other April deadlines that may apply to you. If you have an IRA, take note of these dates:

More credits require questions

February 24, 2017

Common errors have helped to make the Earned Income Tax Credit (EIC) a major source of what the IRS calls "improper payments". The agency estimates that of the $66 billion in EIC funds paid in 2015, nearly a quarter were collected by filers who didn't qualify to receive them.

2016 proof of health insurance: the Form 1095 wrinkle

February 23, 2017

Under the current Affordable Care Act (ACA), all Americans must have health insurance. If you receive your health insurance through the ACA marketplace or from your employer, you will receive a Form 1095.

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