When was the last time you heard the good news about retirement? Instead, you've probably seen alarming headlines like this:Are you worried about your pension or your parent's...
Posted by James Financial Services Inc on 05/27/2022
A sole proprietorship is the default business type because most businesses begin that way. Sole proprietorships are taxed differently from other kinds of businesses because they...
Posted by Tiffany Gaskin on 05/27/2022
Who is a tax dependent?A tax dependent is a relative or child whose characteristics and relationship with you allow you to claim certain credits and tax deductions, such as head of...
Posted by CORE PERFORMANCE on 03/10/2022
While studies show that divorce rates across the United States have begun to decline, the rate of "gray divorces" (couples 50 and older and long-term marriages) and the demographics...
Posted by James Financial Services Inc on 02/15/2022
Getting a divorce is no fun. But for almost 80 years, tax law has helped divorced couples. Alimony or separate child maintenance payments made by one ex-spouse to another under a divorce...
Posted by James Financial Services Inc on 01/09/2022
It is pretty common for couples to fight or argue over finances. Many have cited finances as the primary source of conflict, separation, and divorce in marriage. Discussion about...
Posted by Pat Raskob on 12/18/2021
Joint filing has its benefits, and that is why most couples opt for it. But, just as there are benefits to filing jointly, it also comes with its downsides. This often takes the form...
Posted by Rosovich & Associates, Inc. on 12/18/2021
When thinking about filing your taxes after a divorce, you might want to know how taxes are going to change. The impact of divorce on federal taxes is not as large as it used to be.Each...
Posted by BEST FINANCIAL GROUP LTD on 12/10/2021
A sole proprietorship is a business run by one owner. It is unique for several reasons:A sole proprietorship does not require to be registered in your state.There is no separation...
Posted by BEST FINANCIAL GROUP LTD on 11/30/2021
