Jun 1, 2017 | financial planning, taxes
Required Minimum Distributions are meant to reduce your funds in a timely manner and to fulfill your obligation of paying taxes on your deferred investment. Good planning and healthy stock market returns can leave you with a substantial balance in your account for...
Nov 1, 2016 | financial planning, tax deduction, taxable income, taxes, Uncategorized
During the year you may have been the recipient of unexpected funds (money!!!). Some are from a good fortune; others are from an unfortunate incident. If you have been involved in one of these situations there are tax consequences to consider. Some are short term...
Sep 14, 2015 | nonprofits, tax deduction, taxable income, taxes
We all enjoy hobbies OR, at least, I hope you have a an interest that you can pursue that makes your life bearable. Maybe I should use the term “makes your life interesting”. Hobbies are activities that you do for pleasure NOT for profit. Hobbies...
Jul 2, 2015 | taxes, Uncategorized
Identity theft is a new problem for all of us in today’s world on a daily basis. It DOES NOT occur ONLY during tax season. Your social security number can be used through-out the year. Many times, you may not be aware that someone has stolen your identity...
