Profit Leaks – Plug them Up! In this economy it is important that companies are cost conscious and squeeze the maximum amount of profits from their company. Sometimes this is as simple as switching suppliers, changing how things are done, or possibly changing their...
Job Moving Expenses School’s out for the summer, and summer is a popular time for people to move – especially families with children. If you are moving to start a new job or even the same job at a new job location, the IRS offers 10 tax tips on expenses you may be...
IRS Steps up Compliance Audits in IRA areas. The IRS is about to begin a new initiative to go after taxpayers who make excess contributions to their Individual Retirement Arrangement (IRA) account or do not begin to withdraw funds from their traditional IRA account...
Saving for Education As everyone knows, the cost of higher education goes up each year. While many of us are already familiar with 529 plans and education IRAs, many realize that contributions to these plans, do not generate any tax deduction for the donor. One way...
What’s more important-saving for college or retirement? A college education. Retirement. What do these major life events have in common? One shared characteristic is that each comes with a price tag. Here’s another: If you have school-age kids, you might be...