Happy New Year! It is that time of year again! The time when most individuals start thinking about their tax refund and hope to get it as soon as possible. While we make sure that we process your tax return efficiently, it can only get done if the information given is correct and supported by…
Read More...Changes to IRA rules
Information provided by Edelman Financial Engines. Friday night, the SECURE Act (short for Setting Every Community Up for Retirement Enhancement Act) was signed into law by President Trump. It becomes effective on Jan. 1. The SECURE Act is the most significant piece of retirement legislation since 2006, with dozens of new or improved features that…
Read More...Make an appointment
There is still time to make changes for the 2019 tax year to keep you from being taxed and penalized more than you want. I am willing to help you plan even if you do not use my tax preparation service. The fee is $75 for one hour of my time. Bring the documents that…
Read More...Tax Planning
Everything you do can have tax implications: changing jobs, leaving a job to become self-employed, marriage, birth of a child, and even selling your home. Let’s sit down together and discuss what changes you are making so we can be proactive so you don’t have a shocking tax bill come spring. There is still time…
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Out-Of-The-Box Careers from Forbes Career Newsletter
If you are into out-of-the-box job options, then you have a lot of opportunities to make some great bucks. While most gig workers settle in to rather standard work (e.g., content writing, IT consulting), there are some unique and off-the-wall gigs that pay well and allow some fun at the same time. Others require specific…
Read More...Protecting your Data Through Cybersecurity
For most of us, the word “cybersecurity” can feel a bit intimidating, but you don’t need to be a tech whiz to protect your information online. The Indiana Department of Revenue (DOR) recommends taking a few simple steps to combat one of the most common cybersecurity threats—phishing. Phishing is when criminals disguise themselves as a…
Read More...How Are Trust Earnings Tax? Part Two
BY INVESTOPEDIA Updated Sep 11, 2019 Trust funds are taxed differently, depending on the type of fund they are. A trust that distributes all of its income is considered a simple trust, otherwise, the trust is said to be complex. A tax deduction is made for income that is distributed to beneficiaries. In this case, the beneficiary pays the…
Read More...How Are Trust Fund Earnings Taxed?
BY INVESTOPEDIA Updated Sep 11, 2019 Death and taxes. These are two things you can’t avoid in life. While there are ways you can minimize your tax implication, you certainly can’t get the tax man off your back. Virtually everything we touch is taxed, from our income, to the gains made on sales from stocks and…
Read More...Searching for extra income?
In the course of my exposure to other people and businesses, I found something that made me rethink multi-level marketing. I was introduced to a company called Zilis. It is a company that was started in August 2015, based on the principal of paying it forward. They started with no product and the first objective…
Read More...Do you have a working teen?
It is never too early to start your children on the path to saving for retirement. Whether a traditional IRA or a Roth, you can help your teen prepare for their future. Being underage, a parent is the custodian of the account and the teen has no access to the funds. I have some great…
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