Social Security in 2014
After announcing that benefits will increase 1.5% for 2014, the Social Security Administration provided some other information that may be of interest. Benefits. The average… Read More »Social Security in 2014
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Are You Plagued by PAYMENT PROBLEMS?
Most small business owners love what they do. But that’s not to say things can’t get a little difficult, especially when customers don’t pay their… Read More »Are You Plagued by PAYMENT PROBLEMS?
CAPITALIZE OR EXPENSE?
Businesses and rental property owners who buy fixed assets or spend money to maintain or improve their property often ask this question. New final IRS… Read More »CAPITALIZE OR EXPENSE?
Mutual Fund Facts
What’s the difference between open-end mutual funds and exchange-traded funds (ETFs)? Here’s a side-by-side look at the two types of funds: When investors sell mutual… Read More »Mutual Fund Facts
S Corporation Elections
Small business corporations that intend to elect “Subchapter S” status for the 2014 tax year still have time to submit the appropriate paperwork to the… Read More »S Corporation Elections
Roth 401(K) Q&A
Question: May an employee who has a Roth 401(k) account also contribute to a Roth individual retirement account (IRA)? Answer: Generally, yes. However, Roth IRA… Read More »Roth 401(K) Q&A
Give the Gift of Financial Security
Still looking for presents to give the kids on your holiday shopping list? Toys and electronics are all well and good, but for something more… Read More »Give the Gift of Financial Security
Attention S Corp. Owners: BE REASONABLE
Small business owners like the S corporation business structure for several reasons, two of which are tax related. For federal income-tax purposes, an S corporation’s… Read More »Attention S Corp. Owners: BE REASONABLE
Age 70-1/2 is an Important Milestone for Taxes
When it comes to taxes, reaching age 70-1/2 is an important milestone. That’s because you have to start taking minimum annual distributions from your traditional… Read More »Age 70-1/2 is an Important Milestone for Taxes
Kevin Hedley writes for the November Saratoga Business Journal
Kevin Hedley reminds readers that year end tax planning is going to be the key to leveraging the new tax laws. You can read the… Read More »Kevin Hedley writes for the November Saratoga Business Journal