Subscribe To Our Blog Newsletter!
Subscribe To Our Blog Newsletter!
Staying Safe On and Offline: Part 1
It seems like almost every day there is another breach of personal information. The latest is Capital One, an incident in which a hacker gained access to 100 million credit card applications and accounts. This leads to many people asking themselves: How...
Teaching Teens About Money
Continuing our blog series on teaching kids about money and saving, this time we will turn our focus to teaching teens about money. Teenagers are good candidates to teach about checking accounts, credit, creating their own budget, and understanding the financial...
Teaching Elementary and Middle School Age Kids About Money
In our last blog, we talked about ways to teach your pre-schooler about money. As your child moves into elementary and middle school, you can continue the education with these tips: Pay your child for jobs they do rather than giving them an allowance. At this age,...
Starting Kids Off Right: Money Lessons for Young Children
As parents, one of the things we desire for our children is that they understand the value of money and how to save for the future. The trick is to tailor the lessons to the child’s age. Starting kids off as young as possible is one of the keys to raising money-savvy...
Has Your Tax Return Been Rejected?
Most people don’t realize this, but occasionally, an electronically filed tax return is rejected by the IRS. This usually happens if a social security number has already been claimed on someone else’s return and it can be a little scary if it happens to you....
The Qualified Business Income Deduction for Rental Real Estate: What You Need to Know
Tax season is finally over for individual returns! There were a lot of changes this year, and I had firsthand knowledge of how these changes confused many of my clients. One of the biggest changes in the tax code was the introduction of the Qualified Business Income...
Income Tax Myths: Fact vs Fiction
Tax season is upon us and lately I have been hearing many misconceptions about taxes so I thought we could talk about some of them in this blog. Here are seven income tax myths and the realities behind them. Which have you always believed to be true? Myth:...
What You Need to Know About Qualified Business Interest Deduction, Part 2
In our last blog, we talked about the basics of the new qualified business interest deduction and what you need to know as a small business owner. In this blog, we are going to dig deeper into the deduction for any business that is considered a Specified Service Trade...
The 20% Qualified Business Interest (QBI) Deduction and What it Means for You
If you own a business, you may have heard that the new tax law contains some favorable provisions for you. This blog will discuss the 20% Qualified Business Interest (QBI) deduction available to most owners who pay the taxes due on the business income on their...
2018 Tax Changes, Part 2
Continuing on with our discussion of the changes in the tax code created by the passage of the Tax Cuts and Jobs Act (TCJA), this week we are going to talk about the standard deduction and itemized deductions. Much of the hype in the media before the passage of the...
