The Home Gain Exclusion: Make Sure You Qualify!
The Home Gain Exclusion: Make Sure You Qualify! The home gain exclusion is one of the most generous tax breaks available to taxpayers, providing the ability to exclude up to $250,000 ($500,000 married) in capital gains on the sale of your personal residence. Here is...
Safeguarding Your Business’s Cash with Segregation of Duties
Safeguarding Your Business's Cash with Segregation of Duties Fraud and embezzlement don't just happen at large companies. In fact, theft may be more common in small businesses because many lack internal controls that are typically in place at larger organizations. But...
Calling All Taxpayers: Plan Now or Pay Later
Calling All Taxpayers: Plan Now or Pay Later Procrastination is easy, especially when it comes to summertime tax planning. But waiting to implement strategies to reduce your 2023 tax obligations could cost you money. Here are some suggestions to help jumpstart your...
Tax Tips for Your Summer Job
Tax Tips for Your Summer Job Summer brings warm weather, fun outdoor activities, and new opportunities to earn some additional income. Taxes on seasonal income, however, need to be handled with care, whether they're related to your child's first job or an extra income...
Graduation Season: A Great Time to Review Money Basics
Graduation Season: A Great Time to Review Money Basics With graduation season just around the corner, now it a great time to review five key money basics for both students and the entire family. Understand your net worth. Get used to making this calculation at least...
Five Small Business Insurance Review Tips
Five Small Business Insurance Review Tips Changes in your business equipment, real estate holdings, the amount of inventory, and the number of employees are all good reasons to review your business's insurance in addition to your annual review. Here are a few tips to...
Everyone Wants a Piece of Your Income
Everyone Wants a Piece of Your Income There is an old wisdom: Put a live frog in hot water and he'll jump out. Put a live frog in cold water, turn the burner on and you'll have frog legs for dinner. This wisdom is not lost on some businesses as they know it's easier...
Great Money Habits
Great Money Habits Developing and maintaining great money habits can help you lay the foundation for achieving your financial goals. Here are some ideas. Establish a budget and review it at regular intervals. Create a workable budget every year then set aside time to...
Help Older Adults Stand Up Against Scams
Help Older Adults Stand Up Against Scams While anyone can become a scam victim, fraudsters usually turn to one demographic above all others: older adults. Here's a look at some of the more common scams that target older adults, along with some ideas to help stand up...
Know Your Rights When Debt Collectors Call
Know Your Rights When Debt Collectors Call At some point in your life you may be on the receiving end of a debt collection phone call. More often than not, these calls are either fraud or in error, or may be due to some other unforeseen circumstance. Whatever the...