Posts
Unable or unwilling to work with the IRS yourself? No problem! There are multiple ways to authorize someone to work on your behalf. The IRS has established four basic levels for third-party help: Are these authorizations permanent? If you’re anxious about giving certain rights to others, don’t be — you can revoke any of the […]
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There are many different types of life insurance options. Not every option makes sense for every situation, so it’s important to ensure your life insurance plan makes sense for your overall estate plan. Whole life insurance As long as you continue to pay your bill, whole life insurance pays your benefit no matter when you […]
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If you adopted someone or started the adoption process in the year 2023, take a moment to locate your adoption papers. This is because you might qualify for an Adoption Tax Credit, which can be applied to international, domestic, private, and public foster care adoption. The average cost of private agency adoption can be anywhere […]
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Let’s say you’re a small business that doesn’t have enough employees to warrant an entire human resources department. At the same time, the idea of manually doing payroll just doesn’t suit you. After all, who wants to tackle payroll when there are estimates out there claiming payroll can take an average of 18 hours per […]
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Your recordkeeping system should include a summary of every transaction that takes place in your business’ name. Make sure you maintain and update a summary of all business transactions. How to log and track your business tax records Allocate space in your business books, accounting journals and ledgers for your gross income, deductions and credits. […]
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Health care is expensive, more people are living longer and the market is on a roller coaster. Worrying about running out of money in retirement is not unfounded. But with financial planning, you can get some breathing room, so you can face retirement with ease rather than stress. Inflation is one reason people think they […]
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