by mariettacp | Jun 26, 2013 | Money Tips, Tax Preparation, Tax Tips
Who’s on your team? No, not your sports or reality-show dancing team, your business team, that group of professional advisors who are ready and willing to help you tackle tough financial decisions. Those decisions can have an effect on your taxes this year as...
by mariettacp | Jun 24, 2013 | Money Tips, Tax Planning, Tax Preparation, Tax Tips
Many people have paid for credit life insurance without understanding what it is or how expensive it can be. If you borrow money for any purpose, your loan payment may include a premium for credit life insurance. Moneylenders such as banks, retailers, auto dealers,...
by mariettacp | Jun 20, 2013 | Money Tips, Tax Preparation
If you’re a business owner and your company lends you money, you’ll enter it in the books as a shareholder loan. However, if your return is audited, the IRS will scrutinize the loan to see whether it is really disguised wages or a dividend, taxable to you...
by mariettacp | Jun 13, 2013 | Money Tips
One day you may find yourself taking care of an elderly parent who is in declining physical or mental health. This can be stressful, both emotionally and financially. On the financial side, there are steps you can take to prepare for this situation. * Talk to your...
by mariettacp | Jun 6, 2013 | Money Tips, Tax Tips
With the school year over, your teenager might be taking a summer job. If so, you both may have questions about taxes. Here are some of the common concerns. If your child chooses a typical wage-paying job, he or she will soon be confronted with the task of calculating...