Prevent Identity Theft with an IP PIN
Prevent Identity Theft with an IP PIN Identity theft is at an all-time high with how digital the world has become. To protect yourself within IRS, we highly recommend obtaining an Identity Protection Pin (IP PIN). This six-digit code is now considered best practice for safeguarding your tax return against identity theft. An IP […]
Tax-Loss Harvesting
If investments you sold in 2019 lost money, you may find some solace in the IRS tax code. You can deduct certain losses from your taxable income called tax-loss harvesting when you understand the rules. Here they are briefly: TERMS DEFINED For starters, the IRS has separate tax rates for long-term investments […]
Trusts and Taxes
Ever wonder why people put some or all of their assets into trusts? Some affluent financial consumers use trusts for their estate tax advantages, but anyone can benefit from the privacy and control a trust can offer. Heres what you need to know. TWO BASIC TYPES There are dozens of different types of trusts, but […]
Working Capital & Your Company
Its one thing to be thrifty if you own your own business, but youll need to open your company wallet if you want to grow your business. Here are some ways to find the working capital youll need. LOOK AHEAD You monitor your receivables regularly to make sure you have enough to reimburse for supplies, […]