Investing in rental properties can be a significant income stream or provide an income supplement. However, this investment also comes with potential tax implications. Working with...
Starting a new business can be a huge undertaking. One of the most important and first decisions that you need to make is to decide how it will be structured. This will determine the...
It can be difficult enough to pay a tax debt, but once penalties are added, the cost can be even higher. However, the IRS provides an option to avoid the additional debt of penalties....
Posted by Brian Walsh EA on 03/19/2016
College is a dream for many young people, but it can leave their parents lying awake at night trying to figure out how to pay for it. However, tax regulations have provided a 529 savings...
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
College is expensive. Statistics indicate that it is just getting more and more expensive every year. Even the books are hundreds of dollars apiece. Expenses like student fees, student...
If your employer does not offer a retirement savings plan, you may wonder how you will ever be able to save for retirement on your own. You may not know how to get started, let alone...
Description: Consider claiming these unusual medical expenses to lower your tax bill this season.Tax season is a time that most people don’t like to deal with that much. Most taxpayers...