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Can you point your company in the direction of financial success, step on the gas, and then sit back and wait to arrive at your destination? Unfortunately, the answer to this question is no. You simply can’t let your business run on autopilot and expect good results. Any successful...

Welcome 2012! As the new year rolls around, it’s always a sure bet that there will be changes to the current tax law and 2012 is no different. From medical savings accounts to retirement contributions here’s a checklist of tax changes to help you plan the year ahead. Individuals...

Buy a New Car If you need a new car, now is a great time to purchase or lease one. Frequently, dealers are anxious to clear out last year’s inventory prior to year-end. In making your choice, consider the federal tax (and occasional state tax) advantages for buying fuel-efficient...

Make Charitable Contributions Consider making charitable contributions before year-end both to obtain the maximum tax deduction and to fulfill any charitable programs or commitments you may have established for the year.

No matter which version of QuickBooks you’re using, there are always ways to make your workday easier. As with any software, we tend to learn the features we need and not much more. But small changes in the way you operate can add up to significant time savings and...

Your federal tax filing status is based on your marital and family situation. It is an important factor in determining your standard deduction and your correct amount of tax, and whether you must file a return. Your marital status on the last day of the year determines your status...

Do you ever wonder whether your income is high enough to warrant the filing of a tax return? Because the minimum income level varies depending on filing status, age, and the type of income you receive, it can be a bit complicated. The following guide is based on minimum...

For 2012, there are a few cost of living adjustments for pension plans and other retirement-related items. Check out what to expect in the new year…. The contribution limit for employees who participate in section 401(k), 403(b), or 457(b) plans, and the federal government’s Thrift Savings Plan, increases to...

During times of economic turmoil, planning for your financial future can be a challenge. With that in mind here are some suggestions that offer you peace of mind and also simplify your life. At least once a year, write down your investment goals and what strategies you will use...

No matter what your net worth, you should have an estate plan in place. Such a plan ensures that your family is cared for and your assets maximized upon your death. An estate plan consists of your will, health care documents, powers of attorney, life insurance coverage, and post-mortem...

As you approach retirement, it’s vital that you pay attention to key financial matters. Here are some of the items that you should check: Health Insurance. Are you among the lucky few who will continue to be covered after retirement? If not, then you’ll need to replace your health...

The Affordable Care Act raises the maximum adoption credit to $13,360 per eligible child in 2011, up from $13,170 in 2010. It also makes the credit refundable, meaning that eligible taxpayers can get it even if they owe no tax for that year. In general, the credit is based...