Some years, Congress changed the rules facing investors. In other years, the economy has the final say in rethinking the best investment plans. At the same time, the personal situation...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 08/06/2021
People in a long-term committed relationship have many similar financial concerns as couples. There is, however, the absence of the protection and some benefits married couples enjoy....
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 06/18/2021
Identity theft occurs when someone uses your data to impersonate you, which is often used for their financial gains. In this article, you will find some of the proven ways to prevent...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 06/11/2021
A small business needs to get its tax right to avoid unnecessary headache with the IRS. The idea is simple – a plain and accurate disclosure of losses, revenues and deductions...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/07/2021
All workers and employers in the service industries where tips occur should abide by the relevant tax rules. One needs to pay income tax, Medicare tax, and Social security taxes on...
There is no magic formula to determine the amount of life insurance you will need. However, you can make a reasonable estimate if you consider your present financial situation and...
Unknown to many people, the proceeds from selling a house might be taxable. However, this article sheds light on the mode of operation and simple ways to avoid ending up with a huge...
For those who have moved into the world of self-employment or business ownership, there is a question of how to handle paying their taxes. After all, in a traditional employer setting,...
Tax season can be a stressful time for everyone. They worry that they are not going to be able to get the taxes filed on time or that there will be some other issue that makes it all...