When a spouse dies, there can be a lot of financial considerations, especially if the spouse that passes was the primary breadwinner or the one who handled the retirement planning....
Financial aid is a great way to help pay for your educational expenses. Heading off to college can be expensive with all the tuition and fees, living expenses, and books that you need...
When it comes to handling the finances of your business, it is important to keep in mind that you might not be able to serve as both your bookkeeper and business owner. So how can...
For many foster parents, tax time may be slightly confusing. This is because while you are responsible for the care and well-being of your foster children, the same credits and deductions...
Many small business owners often wonder if there is a benefit to incorporating their business. Yet by incorporating your business, you can receive several tax benefits to reduce your...
When it comes time to prepare your tax return, you may find the number of potential deductions and credits, quite overwhelming. Not to mention the various schedules, forms and calculations...
Posted by Horizon Client Services, LLC on 03/03/2016
For many individuals who are saving for retirement, a Roth IRA can be very appealing. Most taxpayers prefer to pay the taxes now versus in the future, where they might not now the...
For many individuals who are saving for retirement, a Roth IRA can be very appealing. This is because you pay income taxes on the contributions when you add them to the IRA, versus...
When it comes to choosing retirement savings options, a traditional IRA cannot always match a Roth IRA. This is because you pay income taxes on the contributions when you add them...
Posted by James Wells EA MBA Tax Office on 02/23/2016