by mariettacp | Nov 18, 2014 | Money Tips
When it comes to taxes, being self-employed has some advantages. Whether you work for yourself on a full-time basis or just do a little moonlighting on the side, the government has provided you with a variety of attractive tax breaks. * Save for retirement. When...
by mariettacp | Nov 13, 2014 | Money Tips
Who have you designated as beneficiaries for your insurance policies and retirement accounts? If you can’t remember, you’re not alone. But it’s worth checking. If you make the wrong decision, it could affect who inherits those assets. In some cases,...
by mariettacp | Nov 5, 2014 | Money Tips
Time is running out for making 2014 tax-free gifts. You have only a few more months to use your annual gift tax exclusion for this year, or it’s gone forever. Each year you can make gifts up to a certain dollar limit to an unlimited number of people, free of any...
by mariettacp | Oct 29, 2014 | Money Tips
In our busy lives, it’s sometimes tough to corral our financial records. Bills, paycheck stubs, tax returns, and bank statements can disappear into dusty attic corners and bulging desk drawers. Important insurance policies can hide out beneath bins of holiday...
by mariettacp | Oct 22, 2014 | Money Tips
As the year draws to a close, you may decide to donate cash or property to one or more worthy causes. Besides the satisfaction of helping others, there’s another reward for your benevolence: a tax deduction on your 2014 return. But the IRS recommends that you...
by mariettacp | Oct 17, 2014 | Money Tips
Most entrepreneurs eventually think about selling their businesses, whether as a prelude to retirement or to pursue other activities. In doing so, they often underestimate the effort required for a satisfactory outcome and overestimate the value and salability of...