How You Can Learn from High-Profile Tax Scandals
Al Capone, Aunt Becky, Tax Scandals and You! The recent college admission scandal involving Lori Loughlin (who played Aunt Becky in the Full HouseTV series) and others is shedding light on just one way people allegedly cheat on their taxes. Here are examples of some...
You Know You Need Tax Planning If…
You Know You Need Tax Planning If… Effective tax planning helps you make smart decisions now to get the future outcome you desire - but you need to make sure you don't miss anything. Forget to account for one of these situations and your tax plans will go off the...
2019 State Business Tax Climate Rankings
2019 State Business Tax Climate Rankings The tax climate for businesses varies dramatically depending on where your business is located. State business environments are constantly shifting; some states readily enact changes made at the federal level, while others do...
Tax Implications for Major Life Changes
Tax Implications for Major Life Changes Too often major life decisions have tax implications attached to them. For the unwary, this can create a fairly large and unexpected tax bill. Here are four examples of major life changes that can have complicated tax...
5 Things Every High School Senior Should Know
5 Things Every High School Senior Should Know As the school year rolls into February, suddenly the realization sets in that high school seniors only have a few months left before graduation. Here are five things each graduate should understand before their big...
7 Tax-Free Ideas to Bolster Your Business Benefits Package
7 Tax-Free Ideas to Bolster Your Business Benefits Package The benefits package offered by your business is extremely important to your employees. How important? A survey performed by the Society of Human Resource Management (SHRM) found that benefits are directly...
How to Fix Financial Mistakes
How to Fix Financial Mistakes You're working at the office, getting stuff done around the house, or hanging out with family when - wham! - a phone call, email or text alerts you that something is wrong with your finances. When a negative financial event hits, don't...
Tips to Protect Yourself From Tax Scams
Tips to Protect Yourself From Tax Scams Too many people downplay the threat of identity theft because it hasn't been witnessed or experienced firsthand. This false sense of security can leave you exposed, especially during tax season. Here are some tips to keep your...
IRS Announces 2019 Mileage Rates
IRS Announces 2019 Mileage Rates Mileage rates for travel are now set for 2019. The standard business mileage rate increases by 3.5 cents to 58 cents per mile. The medical and moving mileage rates also increase by 2 cents to 20 cents per mile. Charitable mileage rates...
Taking a Home Office Deduction
Taking a Home Office Deduction A great tax reduction idea, if done right! Cloud-based applications, extensive communication channels, and other new technologies make it easier to run your business out of your home. If you qualify, many home business expenses are...