While the number of plug-in electric vehicles (EVs) is still small compared with other cars on the road, it’s growing — especially in certain parts of the country. If you’re interested in purchasing an electric or hybrid vehicle, you may be eligible for a federal income tax credit of up to $7,500. (Depending on where[ … ]
A-Z Blog
How entrepreneurs must treat expenses on their tax returns
Have you recently started a new business? Or are you contemplating starting one? Launching a new venture is a hectic, exciting time. And as you know, before you even open the doors, you generally have to spend a lot of money. You may have to train workers and pay for rent, utilities, marketing and more.[ … ]
Three questions you may have after you file your return
Once your 2018 tax return has been successfully filed with the IRS, you may still have some questions. Here are brief answers to three questions that we’re frequently asked at this time of year. Question #1: What tax records can I throw away now? At a minimum, keep tax records related to your return for[ … ]
William Iven (@firmbee / Unsplash)
Does Modern Technology Actually Make Our Lives More Efficient?
Conventional wisdom is technology can make us more efficient. Dishwashers save us time in front of the sink and algorithms can help us quickly find a compatible mate and help employers weed out unqualified applicants. But our next guest isn’t so sure that the latest and greatest tech is making us more efficient. Edward Tenner[ … ]
Seniors: Medicare premiums could lower your tax bill
Americans who are 65 and older qualify for basic Medicare insurance, and they may need to pay additional premiums to get the level of coverage they desire. The premiums can be expensive, especially if you’re married and both you and your spouse are paying them. But one aspect of paying premiums might be positive: If[ … ]
Make a deductible IRA contribution for 2018. It’s not too late!
Do you want to save more for retirement on a tax-favored basis? If so, and if you qualify, you can make a deductible traditional IRA contribution for the 2018 tax year between now and the tax filing deadline and claim the write-off on your 2018 return. Or you can contribute to a Roth IRA and[ … ]
Still working after age 70½? You may not have to begin 401(k) withdrawals
If you participate in a qualified retirement plan, such as a 401(k), you must generally begin taking required withdrawals from the plan no later than April 1 of the year after which you turn age 70½. However, there’s an exception that applies to certain plan participants who are still working for the entire year in[ … ]
Circle of Life – Valuation Issues Through Stages of the Lifecycle of a Company
I was recently listening to the song “Circle of Life” from the movie Lion King, which got me thinking about the parallels between this concept in the natural world and the business world. The song stays in the happy zone for the benefit of the audience and celebrates new beginnings and unlimited potential as a[ … ]
Photo: José Martín Ramírez C
Economist’s ‘Glass Ceiling Index’ Shows U.S. Progress Has Stalled
Women around the world continue, in most cases, to be paid less than their male counterparts and have fewer options for career advancement. But progress has been made and momentum seemed to be building. However, the latest “Glass Ceiling Index” released by the economist says any movement forward has been stalled with the exception of[ … ]
