Congress has passed tax reform that will take effect in 2018, ushering in some of the most significant tax changes in three decades. There are a lot of changes in the new bill, which was signed into law on Dec. 22, 2017.
For college graduates, it’s becoming more common to leave school with tens of thousands of dollars of student loan debt. It can be daunting, but not insurmountable. The best way to tackle your debt is to create a budget – and stick to it. It
Read More
If you’re not sure where your Social Security benefits stand, you have a way to check. Each year, you should automatically receive a personal Social Security statement three months before your birthday. It shows your year-by-year earnings and estimates of your retirement. It also shows
Read More
Don’t let a thief turn you into a festive fool this season. Follow these tips to avoid holiday shopping fraud, whether you’re buying online or at your local mall.
With an installment sale, you may be able to lower your total tax on the sale of the property by spreading the income over several years. In addition, the buyer will typically pay a rate of interest to you on the remainder of the amount
Read More
If you’re considering using funds from your retirement plan to build a home, understand the tax rules. You may use up to $10,000 of your IRA per person to purchase a first home and avoid paying the 10 percent early withdrawal penalty. If these same
Read More
The new year is right around the corner, but 2018 hasn’t arrived just yet. That means you have time yet to consider a few tax-saving tips for 2017.
Just like people, businesses need yearly checkups. Follow these seven suggestions and take some time this December to look into the health of your business.
It’s time to review your documentation to secure tax deductions, credits or other tax benefits. Examples of tax breaks that require meticulous recordkeeping include charitable donations, travel and entertainment expenses, vehicle mileage and business use of your home. You may also want to retain bank
Read More
