Diane Gardner guest starred on the Your Wealth and Beyond podcast with show host Andrew Rafal. CLICK HERE TO LISTEN On this episode, we cover: How to avoid major red flags and potential audit triggers as an entrepreneur or small business owner The common fears that...
3 Great Charitable Deduction Ideas Despite what you may have heard from friends or family, you can still claim generous tax benefits for charitable contributions. Here are three prime examples of charitable tax breaks ripe for the picking if you know where to...
The savings limits for the ever-popular health savings accounts (HSA) are now set for 2020. The new limits are outlined here with current year amounts noted for comparison. What is an HSA? An HSA is a tax-advantaged savings account whose funds can be used to pay...
The IRS reported audit rates declined last year for the seventh year in a row and reached their lowest level since 2002. That’s good news for people who don’t like to be audited (which is everybody)! But don’t get complacent. A closer look at the IRS data release...
Summer brings warm weather, fun outdoor activities and new opportunities to earn some additional income. However, taxes on seasonal income need to be handled with care, whether they’re related to your child’s first job or an extra income opportunity for you....