Common Tax Time Mistakes to Avoid
“And they’re off!” If you’ve ever been to a horse race, the phrase should sound familiar. Those words apply now: the rush to file a complete and accurate tax return on time has begun. But, as…
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Ten Things You Need to Know About Passport Restrictions on Delinquent Taxpayers
Since 2015, when the Fixing American’s Surface Transportation Act was passed by Congress, world travelers who owe the IRS money…
Non-Dischargeable Debts In Bankruptcy
Last month we featured an article that provided a general overview of the types of bankruptcy available to debtors who…
Why Sell or Buy a Home in Winter?
Why would any article discuss how to sell a home in winter? Besides some surprising strategic rationale (which we’ll discuss…
Bankruptcy Overview
It’s no wonder that the word “bankruptcy” sends shivers down the backs of debtors who have hit hard financial times.…
What Type Of Business Do You Want To Open?
So, you’ve decided you want to open a business? Have you given any thought to the type of business you…
Why Do You Need a Business Plan?
It’s frequently said that if you don’t plan for the future then you must be planning to fail. Hence, it’s…
Why Keep Personal and Business Finances Separate from Each Other?
If you happen to be in start-up mode you probably haven’t given much attention to the importance of keeping your…
Value-Based Pricing For Professional Services
How do you determine how much to sell your service so that you can maximize your business’s profits? Do you…
Trump’s Tax Plan Unleashed
President-elect Donald Trump has taken the “bull by the horns,” so to speak, and proposed a sweeping tax reform plan…
Know Your Tax Responsibilities
It is crucial to understand your small business’s tax responsibilities, and there are real risks if you do not. Mismanagement…
Money Management Tips For Couples
Having to manage personal finances is one of the stressful realities that makes up a part of normal daily living.…
Beware Of Charity Fraud
Before making your next donation to your favorite charity you might want to do some research. Do you really know…
Is Expanding A Company’s Business Internationally A Good Thing?
Expanding a company’s business (or an aspect of its business) internationally might be a good thing. It all depends on…
Rent A Home to Live in Or Buy a Home to Live in?
When a real estate investor or consumer puts money in the residence where he or she will live, that investment…
Is a Mortgage That’s Been Pre-Approved Guaranteed to Fund?
In the real estate lending world there is typically something called a “Pre-Approval” letter or a “Pre-Qualification” letter. The purpose…
Disaster & Casualty Losses
A disaster loss is a loss attributed to a casualty occurring in an area declared by the President of the…
Brexit – What Is It and Why Does It Matter?
Brexit is an abbreviation for the term “British exit.” On June 23, 2016, a referendum was passed by voters in the…
Additional Facts Surrounding Reverse Mortgages
In our May 2015 newsletter article “Understanding Reverse Mortgages,” we presented an overview of what reverse mortgages are all about.…
Have You Heard About IRC Sec 1031 Like-Kind Exchanges?
If you’re an investor who is looking to sell property, IRC Sec 1031 has good news for you: you can…
The Importance of Tax Planning
Many people use the term “tax planning,” but it is often misunderstood. It is the art of learning how to…
Do You Know About The ‘Nanny Tax?’
Did you know that under current law, any family or individual who pays a household employee more than $2,000 (2016)…
How Rules Differ On Inherited IRAs For Spouse And Non-Spouse
So what happens when you inherit retirement plans? It all depends on the type of account. It also depends on…
Deducting Self-Employment Expenses
With the amount of taxes the IRS already collects from taxpayers—as well as the ever-increasing cost of living self-employed—tax payers…
Rent-to-Own Home Purchase
If you’re like me, then this is probably not the first time you’ve ever heard of rent-to-own as an alternative…