How to Save Money and Cut Taxes by Hiring Your Kids
The following post is by Kim Fourman. Please note that this article is intended to discuss general tax topics. Consult your own tax advisor regarding your specific circumstances. Boy at a weaving...
View Article3 Tips for Taking a Charitable Deduction on Your Taxes
The following is a guest post by Kim, otherwise known as Mrs. Luke1428. She is a CPA at Loggins, Kern & McCombs in Jonesboro, Georgia. The following is intended to be a general tax discussion and...
View ArticleBack to School Savings I Don’t Care About
I don’t know the schedule in your neck of the woods but in five short days my kids go back to school. Oddly enough, for the most part they are looking forward to it. In a way so am I as it will mark...
View Article8 Questions to Ask When Setting Up A Family Inheritance
It’s hard enough to deal with the topic of our own death let alone what will happen to our possessions once we pass away. Setting up a family inheritance can get complex and technical. The aftermath of...
View ArticleIs There Ever a Time When You Shouldn’t Use a 401k?
In today’s post, financial consultant Dave Landry Jr. shares his thoughts on when best to invest in a 401(k). Enjoy! For decades now, the practice of squirreling away maximum contributions into a...
View ArticleHow to Avoid Worrying About These IRS Audit Red Flags
We are smack in the middle of tax season again as everyone is trying to meet the April 15th deadline. Many dread the prospect of an IRS audit so getting all the information correctly coded on the tax...
View ArticleIs the Bible Really Clear About Paying Taxes?
Hidden Nuggets Series #83 – “Render therefore to Caesar the things that are Caesar’s, and to God the things that are God’s.” – Matthew 22:21 Like you, my tax paperwork is due to be filed by April 15th....
View ArticleThe U.S. Federal Budget Breakdown For Your Tax Money in 2016 – Infographic
With the first primary elections just a few short months away, it’s been interesting to hear the would-be presidential candidates take on taxes. Some are proposing to tax the rich at a higher rate to...
View ArticleShould I Do My Own Taxes? Here is How to Know
Each year starting sometime in January, we begin to think about that special season coming up. No, it’s not the spring season or baseball season. It’s tax season. And with that season comes the usual...
View ArticleHow to Develop a Purposeful Plan for Giving Away Money
If you have found your way to this article, you most likely have a charitable heart and enjoy giving away money to a church, charitable organization, favorite cause or the girl scout who shows up at...
View ArticleRanking the Tax Prep Options
This following is a guest post by Kim, otherwise known as Mrs. Luke1428. She is a CPA at an accounting firm in Georgia. Still haven’t done your taxes? No worries, I haven’t either! Maybe the better...
View ArticleGetting An Electric Car For Free Through Tax Credits
Welcome to a Q & A tax session at Luke1428. Today we are discussing how to fund the purchase of an electric car with tax credits. Some states offer tax credits as incentives for many transactions,...
View ArticleYear End Tax Planning For Small Businesses
The following is a guest post by Kim Fourman. Taxes may not be foremost on your mind right now, but they are important to think about before the year is over. It would be wise to know what kind of...
View ArticleMy January Fuss-a-Thon at Business Owners Has Begun
Download this form at IRS.gov 2014 has begun, and for me, and most other accountants, that means the start of busy season. This is because we are assisting our business clients with year-end issues –...
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