Nov 10, 2025 | charities, donations, financial planning
There are several things to consider before year end that could have a positive impact on your tax obligation for 2025. These suggestions may be worth your review.Review and/or maximize the annual gift limit of $18,000.Review your investment portfolio for capital...
Jul 29, 2025 | financial planning, tax deduction, taxable income, taxes
The talk of the town this summer is the above bill. do you know the facts that could affect you when filing your 2025 returns? In some cases not so BIG or BEAUTIFUL! There is an additional senior (over 65) deduction of $6,000. per individual that phases out when your...
Sep 22, 2024 | financial planning, tax deduction, taxable income, taxes
Education savings plans have always been a great way to provide for future education expenses. NOW (starting in 2024) the balance of the Ohio 529 Plan will NOT count towards education assistance. The FAFSA form per student has been revamped and the above information...
Sep 5, 2024 | financial planning, taxable income
I hope you had an eventful/pleasant summer. The year is coming to a close FAST. For those that pay estimated taxes the third payment is due within days. If you operate a small business this is the time to review your INCOME AND EXPENSES for the last eight months. Is...
Dec 11, 2023 | financial planning, tax deduction, taxable income
Beginning January 2024 OHIO is going to help(including recent graduates who have DREAMS of purchasing a home in the future) Ohio residents save for a down payment and/or closing costs at premium interest rates paid by Ohio financial institutions.These accounts when...
Sep 17, 2023 | financial planning, taxable income
Payers should check with their employers concerning Educational Assistance Programs. A simple call to the Human Resource Department asking about this benefit may save you money.Your employers can now use this program to help with your student loan obligations. This is...
