As the owner of a small business, you understand the need to be financially organized. This means managing your books well, including tracking your collections, debts and any investments....
When it comes to estate planning, the point is to reduce the amount of potential taxes and other expenses for your beneficiaries. This could include your children or other special...
After retiring, medical expenses can mount. Without the benefits of health insurance, a health savings account or HSA can reimburse you for a variety of qualified medical expenses...
For a number of individual taxpayers who find they owe the IRS, the tax bill might be more than they can afford to pay by the annual tax deadline. Even if you cannot afford your tax...
Contributing to a health savings account or HSA before you retire can provide various benefits after you turn 65. These plans typically cover just qualified medical expenses, which...
A health savings account or HSA provides the ability to be reimbursed for a variety of medical expenses with tax free dollars. However, the benefits of the HSA continue after you turn...
Posted by Larry Gurewitz on 03/18/2016
With the rise of websites that allow you to rent out rooms within your home to vacationing families, there is also a rise in potential tax challenges. So before you jump on the website...
Posted by Larry Gurewitz on 03/03/2016
When it comes to earning income from a vacation home might seem a smart idea, it also involves more than just collecting those rental checks. You will also have some tax responsibilities...
Renting your vacation home or even a room in your own home can be as simple as signing up on a website and listing the days your rental is available. However, this also means that...