Articles

Are You Supporting Your Parents?

If you are helping support your parents, you may be having difficulty showing over half of the support for both, thus failing to qualify for the dependency exemptions (and for the beneficial head of household filing status if you are a single taxpayer)... Read More

Take Advantage of the Economic Downturn

These are tumultuous times for most people, and there are some positive actions that can be taken to benefit in the current economic conditions.• Make Gifts - When values are low and expected to rise, the stage is set for making a gift. Under... Read More

What’s Best…Tax-Free or Taxable Interest Income?

A frequent tax strategy question is whether it is better to invest for tax-free or taxable interest. Generally, taxable interest will provide the greater return, but this may not hold true after taking into account taxes on the income. Therefore, the q... Read More

What’s Best…Tax-Free or Taxable Interest Income?

A frequent tax strategy question is whether it is better to invest for tax-free or taxable interest. Generally, taxable interest will provide the greater return, but this may not hold true after taking into account taxes on the income. Therefore, the q... Read More

What’s Best…Tax-Free or Taxable Interest Income?

A frequent tax strategy question is whether it is better to invest for tax-free or taxable interest. Generally, taxable interest will provide the greater return, but this may not hold true after taking into account taxes on the income. Therefore, the q... Read More

What’s Best…Tax-Free or Taxable Interest Income?

A frequent tax strategy question is whether it is better to invest for tax-free or taxable interest. Generally, taxable interest will provide the greater return, but this may not hold true after taking into account taxes on the income. Therefore, the q... Read More

Are You Supporting Your Parents?

If you are helping support your parents, you may be having difficulty showing over half of the support for both, thus failing to qualify for the dependency exemptions (and for the beneficial head of household filing status if you are a single taxpayer)... Read More

Take Advantage of the Economic Downturn

These are tumultuous times for most people, and there are some positive actions that can be taken to benefit in the current economic conditions.• Make Gifts - When values are low and expected to rise, the stage is set for making a gif... Read More

What’s Best…Tax-Free or Taxable Interest Income?

A frequent tax strategy question is whether it is better to invest for tax-free or taxable interest. Generally, taxable interest will provide the greater return, but this may not hold true after taking into account taxes on the income. Therefore, the q... Read More

Owner-Only Businesses Should Consider a Solo 401(k) Plan

It goes by many names - Solo 401(k), Mini 401(k) and single-participant 401(k).  We will use Solo 401(k) in this article to describe probably the best type of pension plan for owner-only businesses.  It provides for larger contributions, incl... Read More