There are common mistakes some newer landlords make when filing their tax returns. Improving these mistakes ahead of time, saves you money in the long run. Number 1: not declaring rent when it’s received. This one seems like it would not happen to many people, but there are certain times where rent isn’t declared for […]
Archives for February 2015
Donating stock
Donating stock benefits you more than preserving the business’s money to fill other needs. When you donate stocks that have increased over time, you have the benefit of claiming that appreciated value of the stock and claim the tax benefit without needing to pay for taxes on that increase. This is possible because tax deductions […]
Food for Thought
How can athletes avoid struggling financially? Well before I can tell give you some ideas, let me tell you some things that occur that causes them to struggle. When an athlete starts their career, they usually start at a young age. As a professional player, these athletes start making millions their first year in the […]