Marietta Financial Services

Marietta Financial Services

Category: Content
Type: Blog Article

Generated 3 weeks ago

New blog articles detected

  • New Penalties for 1099-MISC Filing

    Congress has increased the penalties for failure to file or late filing of Forms 1099 effective January 1, 2016. Information Return Penalties Increased for 2016 Currently, the penalty to file correct information returns or to provide a correct payee statement is $100 for each return for which such penalty occurs, up to $1.5 million per […]

  • How social security benefits are taxed

    Are you wondering if your social security retirement, survivor, and disability benefits will be subject to federal income tax on your 2016 return? Generally, when these benefits are taxed is determined by your “provisional income.” Provisional income (PI) is the product of a formula used for no other purpose than figuring out the taxable percentage […]

  • Avoid hiring mistakes in your start-up

    Staffing errors can spell disaster for your start-up. Here are three to watch out for. Staffing the firm with friends and family. While this strategy may work in some circumstances, hiring pals and relatives often spells trouble. For one thing, friends and family members often expect – even subconsciously – to be treated differently from […]

  • Don’t include the IRS on your gift list

    Suppose a relative gives you an expensive painting. Several years later, your relative dies and you decide to sell the painting. Your accountant says you’ll owe capital gain tax on the sale, and asks for your basis in order to reduce the amount on which you’ll pay tax. What’s your answer? When you sell property […]

  • Downtime is not wasted time

    Does a suggestion to boost productivity with time off sound counterintuitive? Research has shown that giving workers – and perhaps yourself, as a business owner – time off to recuperate from work demands can be energizing. Here are three ways your business can benefit. Health and customer service benefits. When combined with a sick leave […]

  • Higher self-employment taxes coming in 2017

    Did you know the national average wage index went up? You might have missed the news, but it’s likely you will notice one impact: higher self-employment taxes. How are the two related? The index is used to calculate the social security wage base, which is the amount of income subject to the 12.4% social security […]

  • Teach your kids that credit cards are useful but not free

    While credit cards can be very useful financial tools, the borrowed money is not “free.” Here are two opportunities to share that lesson with your kids. When choosing a card. Show your kids the entire credit card lifecycle. Explain that when evaluating credit cards, a comparison of benefits is crucial. For example, although choosing a […]

  • Prepare in advance for required IRA distributions

    Once you reach age 70½, the required minimum distribution (RMD) rules say you have to withdraw at least a minimum amount from your retirement plans each year. Since the withdrawals are considered ordinary income, planning in advance can help you prepare for the impact on your federal income tax return. Here are two suggestions. Make […]

  • Ready to start year-end planning? Focus on the big picture

    Some tax-cutting strategies make good financial sense. Others are simply bad ideas, often because tax considerations are allowed to override basic economics. Here’s one example of the tax tail wagging the economic dog. Let’s say that you operate an unincorporated consulting business. You want an additional tax write-off, so you decide to buy $10,000 of […]

  • Your business, your salary

    As the owner of your business, you are the decider of salaries for your staff. That’s true for your own salary too. While there is no one-size-fits-all formula for determining how much to pay yourself, here are two factors to consider. Regularly review and update your firm’s cash flow projections to determine the salary level […]

  • How to be a successful saver

    How much money did you save last year? If your savings fell short of your goals, don’t give up. You can still take charge of your financial future. Here are tips to become a successful saver. Set goals. Give your saving a purpose. Do you want to accumulate an emergency fund with enough cash to […]

Marietta Financial Services

Category: Content
Type: Blog Article

Generated 5 months ago

New blog articles detected

  • Beware of bogus charities

    Times of crisis, when others are suffering and you want to help most, is also when heartless fraudsters tend to strike. If you’re planning a donation, watch for these signs that a charity isn’t on the up-and-up. The fly-by-night charity. Every legitimate charitable association had a start date, and some are still being formed. But […]

  • Get the maximum benefit from a casualty loss deduction

    Violent weather can wreak emotional and financial havoc. If your home, vehicle, or other personal property is damaged or destroyed by a sudden, unexpected casualty, an itemized tax deduction may help ease the financial burden. In most cases, you claim a casualty loss in the taxable year the calamity strikes. However, if you’re in a […]

Marietta Financial Services

Category: Content
Type: Blog Article

Generated 5 months ago

Marietta Financial Services

Category: Content
Type: Blog Article

Generated 6 months ago

New blog posts detected

Out-Market Your Competitors?

Get complete competitive insights on over 2.2 million companies to drive your marketing strategy.

Create Free Account Log in

Out-Market Your Competitors

Get complete competitive insights on over 2.2 million companies to drive your marketing strategy.

Create Free Account

Already a user?  Log in