Did you know that a recent law made changes to the section 179 expensing election for 2016? These modifications took effect as of January 1. Here's what to consider...
Investor Warren Buffet once said, "It takes 20 years to build a reputation and five minutes to ruin it." The same maxim applies to good credit.
As you get ready for midyear tax planning, keep these lesser-known tax breaks in mind. Residential energy credit.Commercial building energy deduction.Straight-line depreciation.
Have you ever put together a jigsaw puzzle? If you're like me, you dump out all of the pieces, turn them so you can see a glimpse of the picture, sort out the edge pieces...
Another tax season has come and gone, and I learned something new this year!
The Social Security claiming strategy, "File and Suspend," will be phased out May 1, 2016, as a result of The Bipartisan Budget Act of 2015.
Each investment decision you make comes with some sort of tax impact.A taxable account is perhaps the most common type of investment account.
Most homeowners transition through a housing process over the course of their lives.The same is true with insurance.Not only should the amount of coverage change, but...
For the calendar year 2016, the S&P 500 Index is up 1.35%. As you can see from the chart below, which represents the trailing 12 months, the index has rebounded from ...
If you're an estate executor and you're required to file an estate tax return, the IRS has a new form for you: Form 8971, Information Regarding Beneficiaries Acquiring Property From a Decedent.
In our December 2015 end of year market recap, we discussed the fact that the S&P 500 is a market cap weighted index. This means that bigger companies carry a bigger weight in the index...
By now most business owners are aware that the Department of Labor has proposed significant changes to the overtime exemption rule that affects many "white collar" jobs.
Enrollment in health savings accounts has steadily increased since their introduction in 2004.
You've probably heard the expression, "a penny saved is a penny earned". Ben Franklin's simple guidance has provided the foundation for savings plans for generations...
If you or a family member enrolled in a qualified health plan offered through a government insurance marketplace, such as HealthCare.gov, you may be eligible for a federal tax credit.
Tax-exempt organizations are required to file annual reports with the IRS. Those with gross receipts below $50,000 can file an e-Postcard (Form 990-N) rather than a longer...
Is your tax return finished? If not, this year you have an extra day or two to file. April 18, 2016, is the due date to file your 2015 individual federal income tax return...
Where to put your money to get the most out of it and make it grow.
This year, you have until April 18, 2016, to file your 2015 individual federal income tax return and pay any balance due.
How will the Affordable Care Act affect your 2015 federal income tax return? Here are four items to consider. Premium tax credit.
It happens during every presidential campaign - the media churns the news and the public starts to feel uneasy about the State of the Union.
For almost the entire past decade, interest rates held steady at near-zero levels. Then, in mid-December 2015, the Federal Reserve raised rates by one-quarter percentage...
In 2013, the IRS issued regulations clarifying when tangible real and personal business property can be expensed.
If you haven't yet begun saving for retirement, a myRA may be a reason to start.
The Bipartisan Budget Act of 2015 made two changes to social security benefit strategies.
Every year, many of Ohio's senior citizens and permanently and totally disabled Ohioans save an average of $435 on their property taxes by way of the Homestead Exemption.
The tax extenders law passed in mid-December changed some of the rules for claiming bonus depreciation in 2016.
Did you know the tax extenders law made modifications to the Section 179 expensing election ?
Markets are off to a lousy start in 2016. A down market is when you need good advice the most.