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Articles

Don’t Let Unexpected Costs Ruin Your Retirement!
How much do you need to save for retirement? Determining how much you’ll spend on housing, food and other fixed expenses may seem relatively easy, but how about the costs that come out of the blue? An Ameriprise study found that 90 percent...
Resolving Financial Concerns for Stepfamilies
Roughly 1,300 new stepfamilies are created every day, according to the Stepfamily Foundation. And 41 percent of all Americans have at least one step relative, based on Pew Research Center findings. These blended families have an opportunity to...
Appealing an IRS Decision
What happens if you disagree with an Internal Revenue Service determination about your taxes? There are options available to you if you'd like to plead your case. In a recent year, more than 100,000 taxpayers addressed tax disputes through the...
Tax Solutions for Baby Boomers
The Baby Boom generation, the children born in the post-World War II years between 1946 and 1964, includes about 76 million people. Now that generation is heading into retirement, with roughly 10,000 Boomers expected to retire every day between...
Answers to Tax Questions for the Self-Employed
Will 2015 be the year when you take the leap into self-employment? Even if you’re going to start out small with an office in a spare bedroom, there are some important tax issues you should keep in mind before you take the plunge. The...
Five Tax Deductions You Should Not Overlook
Did you run up expenses searching for a new job in 2014? Or did you use your car while helping out at a soup kitchen? Are you a self-employed person who paid Medicare premiums out of your own pocket? If so, you may be eligible for one of the many...
Tax Planning Update for Same-Sex Couples
Since 2013, federal tax laws for married couples have applied to same-sex couples who are married in jurisdictions where same-sex marriage is legal, even if the couple lives in a jurisdiction that doesn’t recognize same-sex marriage. As of...
Five Financial Mistakes to Avoid This Year
Are you satisfied with the financial decisions you made in 2014? If you’re not so sure, this is a good time to resolve to make some changes in 2015. The Connecticut Society of CPAs offers these tips on the best ways to avoid some common...
Four Last-Minute Tips to Lower Your Taxes
Now that the New Year has begun, April 15 will be here before you know it. Have you done all you can to minimize your tax payments and maximize prudent financial planning? If you’re not sure, there’s still time to make some smart...
What You Should Know about Timeshares
Now that the holidays are upon us, many people dream of taking a tropical vacation or spending time near a popular attraction. If you’re shopping for a getaway, you may have considered a timeshare, an arrangement that generally gives you...

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