Did you know that it's been estimated that fewer than one in three Americans have what's called a living will or advance health care directive? If you find yourself on life support, who will make decisions...
You may be trying to wrap your head around how to figure out basis of property that you receive as a gift. There are many things to consider including the adjusted cost basis to the donor just before they...
Did you know that the Tax Cuts and Jobs Act made changes to deductions for business expensed meals? In fact, it eliminated the deduction for any expenses related to activities that formally could be...
If you are either considering creating a trust to help manage your assets or if you don't even know how a trust could help, this article can provides an overview into the world of trusts. A trust is...
If you have a less-than-ideal credit score, you won't be able to repair it overnight, however there are steps you can take to raise it over time. Watch your credit card balances How much revolving...
Kevin Harris, CPA, joins Central Connecituct State University’s Institute of Technology and Business Development Advisory Committee Glastonbury, Conn., (February 14, 2018) – MahoneySabol, a regional...
You're looking for a loan. Your bank wants information to gauge if you have a healthy company. Therefore, the more a lender knows about your business and can see into its financial workings, the better...
When can you use bad debt to reduce business income? Even when you take the customer to court and you still don't get your money, there's a way to make lemonade from this lemon of a customer. If your...
You may be wondering whether the money you spent on a day care center, a babysitter, summer camp or other provider to care for your qualifying child under age 13 or a disabled dependent of any age can earn...