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Trusted Answers From Licensed Business Professionals

Back to School Purchases And Tax Write-Offs

As we enter the back to school season, we would like to remind teachers, college students & parents of college students to save receipts especially for education related expenses. Don’t find yourself in the situation of misplacing a receipt and forgetting to take advantage of the tax credits and deductions that are available to you. Read More.

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2010 And Beyond is Important for IRA Tax Planning

For those of you that aren’t aware, starting in 2010, traditional IRA holders will be able to convert into a Roth IRA, even if your household earns over $100,000 in modified adjusted gross income a year. Currently, traditional IRA holders can only convert if their modified adjusted gross income for the year is under $100,000 (refer to IRS Publication 590). Read More.

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Top 10 Financial To Do List For Newlyweds

Recently married and having trouble organizing your finances with your spouse? You are in luck! We have put together a top 10 financial to do list for newlyweds to use as a reference. Read More.

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Can I Withdraw From a SEP-IRA or Tax Deferred Annuity?

Technically, you can ALWAYS withdraw from your Simplified Employee Pension (SEP-IRA) or your Tax Deferred Annuity. However, we would not advise withdrawal before you reach the age of 59 1/2.
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To Include or Not To Include Online Sales Tax

When selling goods or services online, make sure you are including the appropriate sales tax in the final cost. .
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Wondering if a Guaranteed Income Annuity is Right for You?

Several financial institutions offer a annuity targeted for retirees which "guarantees" a certain level of income paid periodically to the recipient. .
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Recently Laidoff? The Stimulus Package Offers Some Help

With President Barack Obama Signing the $787B Stimulus Bill on February 17th, 2009, the unemployed can now save a few bucks. Read More.

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Stimulus Package Gives Students Some HOPE

Along with helping the unemployed, the stimulus package offers some additional relief for students. However, student loan limits will remain the same which could end up hurting a lot students looking to apply to college. However, there were some bright spots in the plan. Read More.

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Considering Liquidating Your IRA?

We all have heard of the saying that desperate times require desperate measures (Hamlet) but in these difficult times many should re-consider liquidating their IRAs. Read More.

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Areas to Focus on while Conducting Public Company Audits

In December 2008, the PCAOB issued Alert No. 3 Audit Considerations in the Current economic Environment that lays out broad guidelines for the auditor to consider while performing an audit in this economic environment. Read More.

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