Our Financial Blog
4 Awesome Summertime Tax Saving Tips
Summer is usually the time for relaxing, but it can also be a time for tax savings, especially if you’re still reeling from an unexpectedly large tax bill in April. Here are four timely tips: Rent your home. If you rent out your main home or a vacation...
Replacing Lost Tax Breaks for Your Growing Children
Your kids are getting older. Before you know it they’ll be dating, driving and entering college (if they aren’t already). Tax breaks drop dramatically as your children grow up, but you may be able to offset the losses with some timely tax planning. ...
3 Great Charitable Deduction Ideas
Despite what you may have heard from friends or family, you can still claim generous tax benefits for charitable contributions. Here are three prime examples of charitable tax breaks ripe for the picking if you know where to look: Qualified charitable...
How to Maximize Your Social Security
You can begin receiving your Social Security retirement benefit as early as age 62. But by putting off your benefit start date, you can receive a check that is 8% higher for each year you delay receiving your benefit. The Basics – Full retirement age. ...
The $500,000 Homeowner Tax Break
There is a large tax break that allows you to exclude up to $250,000 ($500,000 married) in capital gains on the sale of your personal residence. But making the assumption that this gain exclusion will always keep you safe from tax can be a big mistake. ...
Disappearing Tax Deductions! Don’t Miss Them on Your 2017 Tax Return
Have you filed your 2017 taxes yet? If not, you still have the opportunity to make sure that you lower your tax obligation as much as possible. With new tax laws in effect for 2018 and beyond, the following deductions will disappear after this tax season—check them...
Improve Next Year’s Tax Situation Now!
Whether you receive a big refund or pay taxes on tax day, taking action now can ensure next year’s tax bill is optimized by not paying a dollar more than necessary. Update paycheck withholdings and forecast estimated tax payments. Reviewing and updating...
Considering Hiring a Cybersecurity Professional? Here’s What to Look For.
With the occurrence of cybercrimes affecting businesses increasing daily, many companies are looking for outside expertise to help them mitigate their risks. If your company has never engaged a cybersecurity professional before, you may be unsure of what to look for....
Quick Tips to Help You Tackle Your Taxes with Ease
Tax season is approaching quickly. It’s just a few weeks until the IRS officially starts accepting returns, which means now is the perfect time to use the tips below to help you net some last-minute tax-savings and tackle tax season with ease....