One of the main advantages of life insurance is that payment to beneficiaries is free. Because life insurance benefits in the event of death can run into the millions of dollars, it's...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 03/29/2021
When you have a child with special needs, there can be plenty of concern regarding their care when the parents or other family members are no longer able to care for that child, due...
Posted by Patrick O'Hara, EA on 03/23/2016
Many families will find that it is convenient, as well as a good way to make some extra money, to rent out their homes on occasion when they are gone. They may live in a big city or...
Posted by Patrick O'Hara, EA on 03/02/2016
Everyone wants to reduce their taxes and their taxable income, especially retirees and those who are living on a fixed income. They want to lower their tax liability more than anyone...
Posted by Patrick O'Hara, EA on 02/01/2016
At Coastal Business Services, we understand that tax season is not something that most taxpayers look forward to. While many may put some money back from each paycheck to help them...
Posted by Dennis O'Brien on 01/31/2016
This article sheds light on vital tax tips that can significantly help real estate investors. Be OrganizedIf you want to get back the funds you believe you deserve for the tax...
Posted by Elliot Kravitz, ATP on 05/24/2021
If you own a rental property, you should know your federal tax obligations. All rental income needs to be reported on your tax return, and the associated expenses can generally be...
Posted by Elliot Kravitz, ATP on 04/29/2021
When you receive an inheritance, regardless of the amount, you need to understand how to get the most out of it. Depending on who left you the inheritance, you may have different emotions...
Posted by Elliot Kravitz, ATP on 06/11/2020
Everyone wants a less tax-friendly bill. One way to do this would be to live in a state with no income tax. As of 2019, seven states; Florida, Alaska, Nevada, Texas, South Dakota,...
Posted by Elliot Kravitz, ATP on 04/20/2020
