Though everybody wants their money to grow, few people understand the best way to make that happen. It’s all about where you choose to...

When Congress established tax-favored retirement plans, they allowed taxpayers to take a tax deduction for the amount of their allowable...

While it’s usually true that the “rich get richer,” a proposed tax code will prove a remarkable exception if the House has its way. The...

Taxes are like vehicles in that they sometimes need a periodic check-up to make sure they are performing as expected, and if ignored, can...

Not to overstate the obvious, but the last 18 months have seen major modifications in the ways that most Americans spent their money....

Individuals are required to begin taking distributions from their IRA when they reach a certain age. That age was 70½ until Congress...

Anyone preparing a tax return for compensation must have a PTIN issued by the IRS, but there are no requirements associated with...

Whether your Social Security benefits are taxable (and, if so, the amount that is taxed) depends on a number of issues. The following...

We’ve all heard the term “the rich get richer.” According to a report released from ProPublica, it turns out that one of the ways that...

When you’re in the midst of building or growing a business, the last thing on your mind is what happens if the owner suddenly dies. If...

If you are an employer looking for an attractive employee benefit that lets you plan contributions around your revenues, consider a...

With home mortgage rates at historic lows, it may be appropriate for you to consider refinancing your current mortgage. However,...

If you are considering starting a business, the simplest and least expensive form of business is a sole proprietorship. A sole...

Do you own a second home at the beach, in the mountains, or some other getaway location, or are you thinking about buying one? If so,...

Owning your own small business is a dream that few are fortunate enough to realize, but even those new to the joys of entrepreneurial...

No matter what type of business you operate, you rely on having a predictable flow of income to keep your bills paid. If you only have a...

On December 21, Congress passed a much needed COVID-19 relief bill and the President is expected to sign the bill today. The key points...

With an increase in online shopping this year, you’re probably already practicing basic online and mobile safety. But there are some...

The Tax Policy Center has an excellent article regarding phaseouts. As they explain, "preferences in the tax code phase out for...

In spite of COVID-19 restrictions many entrepreneurs are considering possible new or additional business opportunities. So, if you are...