This handout discusses the various methods of saving for college. It includes information on contribution limits as well as tax benefits associated with each method of saving.
Read MoreThis handout outlines some of the considerations for an employee who is selecting a pension option. The handout provides a description of a potential financial limitation of choosing the wrong type of pension payout and a strategy to consider to alleviate drawbacks of the various choices.
Read MoreThis handout outlines some of the steps taxpayers should take once they become married. It explains how to handle tax filing requirements as well as personal things such as notifying financial institutions.
Read MoreThis worksheet provides a method for calculating the cost of moving out of home. The worksheet includes calculations for one-time as well as periodic costs.
Read MoreThis handout discusses the importance of having a will. Issues such as property passing at death and probate are also discussed.
Read MoreThis handout highlights the rules regarding the exception to the 10% penalty for early retirement distributions. The handout also discusses the possible risks involved in implementing this strategy.
Read MoreThis handout provides valuable information about how assets and income affect the financial aid application process. The handout includes asset and debt strategies to help with the planning process.
Read MoreThis handout contains an overview of the new tax law that was signed into law on December 22, 2017. This overview focuses on changes for individuals whose business deductions exceed gross income. Information includes the new excess business loss limitation, pass-through entities, and net operating losses.
Read MoreThis handout contains an overview of the new tax law that was signed into law on December 22, 2017. This overview focuses on depreciation changes clients are likely to be interested in. Information includes the Section 179 deduction, special (bonus) depreciation, luxury automobiles, and qualified improvement property.
Read MoreThis handout provides guidance on establishing a business and provides and outline for creating a business plan. It is also helpful in creating a personal financial statement.
Read MoreThis handout discusses the self-employment tax and how it is calculated. Common self-employment tax situations are explored.
Read MoreThis handout provides information which will help determine whether a current business deduction can be taken for expenses incurred on business assets, or whether the expense must be capitalized and depreciated.
Read MoreThis handout provides a description of how partnerships work and explains the tax reporting requirements of the partnership and its partners. Advantages and disadvantages of a partnership are also discussed.
Read MoreThis handout provides some tips on marketing a business and promoting the products and services of the business.
Read MoreThis handout provides a listing of deduction limitations for taxpayers who have higher taxable income.
Read MoreThis handout explains how an LLC operates and how to form an LLC. Information is also provided on the classification of an LLC which will determine the proper tax filing for the LLC.
Read MoreThis handout explains the deduction limitation for activities that are considered a hobby. The handout lists the factors that may determine whether an activity is a hobby or a business.
Read MoreThis handout highlights the benefits and uses of fringe benefits.
Read MoreThis handout discusses the factors used in determining whether someone is an employee or an independent contractor. It also provides information on how to report the incorrect treatment of an employee as an independent contractor.
Read MoreThis handout provides guidance on recordkeeping of income and expenses for day care providers. It also provides information for calculating the business use of the home for day care providers.
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