Today, 77 percent of Americans go online every day, according to a recent Pew Research Center survey, and most of us maintain at least some kind of digital data in the cloud. We save emails, post to social media, and store photos in online albums. All of this digital information has created a new issue […]
A college town can be a good place to own rental property. Students are continually rotating through, and even faculty can be a transient group in need of temporary places to live. With dorm costs rising and space at a premium in certain college towns, some parents are investing in off-campus property as a way […]
If you’ll be seeing your graduate off to college this summer make sure you consider these before they leave. Durable Power of Attorney for Health Care- This will allow parents to continue making healthcare decisions for their child should there be an emergency. HIPPA Authorization- This allows healthcare providers to release information about the child […]
The Economic Growth and Tax Relief Reconciliation Act of 2018 make 529 college savings plans more valuable than ever. Basically, a college savings plan allows you to place money in a state plan to be used for the beneficiary’s higher-education expenses at any college or university. These expenses include tuition, fees, books, supplies, and certain […]
Hobby-Related Loss Deductions Are Disallowed, but Don’t Give Up Hope Let’s say you have an unincorporated sideline activity that you think of as a business, including an activity involving horses. If you have a net loss (deductible expenses exceed revenue) on that activity and you think you can deduct that loss on your personal federal […]
The new tax law passed by Congress late last year and signed into law by President Donald Trump does a lot of things. For example, if you’re fortunate enough to leave behind a huge estate, your heirs will now get the first $10 million tax free. In addition, the corporate tax rate on income for […]
A side from child custody, the most emotionally charged issue in a divorce is usually who gets to keep the house. For most couples, a house is their most valuable asset, and it has enormous symbolic value as well. But while couples often fight over who gets the house, keeping the house isn’t always the […]
Take action on your consumer complaint by putting it in writing: * Be brief (two or three paragraphs) but give a detailed explanation of exactly what happened; *Be respectful and courteous – you want to motivate the company to care about you and to want to help you; *Tell the company what you want and […]
Our thoughts and prayers are with the hurricane Harvey victims in Texas.