08/21/2023
When you have long-term financial goals, such as helping pay for a child's college education or funding your retirement, including stock investments in your portfolio provides opportunities for potential growth. But should you invest in individual stocks or stock mutual funds?
Take Stock of Stock Mutual Funds
When you have long-term financial goals, such as helping pay for a child's college education or funding your retirement, including stock investments in your portfolio provides opportunities for potential growth. But should you invest in individual stocks or stock mutual funds?
08/18/2023
A SIMPLE IRA is an option for small business owners who do not currently have a retirement plan in place but would like to have one. This particular type of retirement plan has several attractive features that deliver significant benefits to both employers and their employees.
Keeping It SIMPLE
A SIMPLE IRA is an option for small business owners who do not currently have a retirement plan in place but would like to have one. This particular type of retirement plan has several attractive features that deliver significant benefits to both employers and their employees.
08/16/2023
Many homeowners are looking at the historically low interest rates on home mortgages and are refinancing their mortgages before rates start creeping back up. If you recently refinanced your mortgage or are considering doing so, you'll want to understand the general tax rules for deducting the costs associated with refinancing.
Refinancing a Mortgage -- What Is Deductible?
Many homeowners are looking at the historically low interest rates on home mortgages and are refinancing their mortgages before rates start creeping back up. If you recently refinanced your mortgage or are considering doing so, you'll want to understand the general tax rules for deducting the costs....
07/27/2023
Your most valuable asset isn't your real estate or the tech stocks you bought in the 90s that have done well. It isn't even your business per se. Your most valuable asset is you -- specifically your ability to run a profitable company and make money.
What Is Your Most Valuable Asset?
Your most valuable asset isn't your real estate or the tech stocks you bought in the 90s that have done well. It isn't even your business per se. Your most valuable asset is you -- specifically your ability to run a profitable company and make money.
07/18/2023
You don't have to be fabulously wealthy to benefit from a trust. For many people, a trust is a great financial planning tool.
Try a Trust
You don't have to be fabulously wealthy to benefit from a trust. For many people, a trust is a great financial planning tool.
07/14/2023
They’re common questions. How long do Form 1040 filers (both individuals and small businesses) have to hang on to those 1040s and Schedule As and Schedule Cs? What about 1099s and W-2s? And do you also have to keep supporting documentation, like business receipts and property tax statements?
How Long Should You Keep Tax-Related Records?
And what do you do with all of the supporting documentation? Do you have to keep that, too?
06/20/2023
Stock market volatility can be a wild ride. If you follow the daily price movements of a stock market index, it's enough to make you dizzy at times. If you watch the same index's performance over longer periods, however, you may notice that things tend to smooth out.
Charting a Long-Term Course
Stock market volatility can be a wild ride. If you follow the daily price movements of a stock market index, it's enough to make you dizzy at times. If you watch the same index's performance over longer periods, however, you may notice that things tend to smooth out.
06/14/2023
How closely do you look at your brokerage account statement? Your statement can tell you a lot about your investments. The following key elements of your statement contain important information that can help you assess the health of your portfolio.
Help if You Want It: Lessons From Your Account Statement
An account statement can provide investors with a wealth of information about their investments.
06/09/2023
If you’re confused by the difference between LLCs and S Corps, this article is for you! Here, we clarify the difference and provide guidance on which option is best for you.
LLC vs. S Corp: Which is Best for Tax Purposes
If you’re confused by the difference between LLCs and S Corps, this article is for you! Here, we clarify the difference and provide guidance on which option is best for you.