Too much business inventory? Trim the fat!
Businesses need to have inventory. But having excess inventory is expensive. It’s important to keep it as lean as possible. Here are some ways to trim the fat from your …
When is employer-provided life insurance taxable?
If your company benefits include group term life insurance paid by your employer, a portion of the premiums paid for the coverage may be taxable. Depending on the amount of …
The Pros and Cons of Digitized Tax and Financial Records
Traditionally, important tax and financial records have been stored as hard copies in desk drawers, filing cabinets, and safe deposit boxes. These days, however, it’s become increasingly popular and easy …
Want to lower your taxes? Look to Medicare.
Do you pay premiums for Medicare health insurance? If so, you may be able to combine them with other qualifying health care expenses and claim them as an itemized deduction …
Educator Tax Breaks Gets an Update
Teachers who are setting up their classrooms for a new school year often pay for some of their classroom supplies out-of-pocket. They can recoup some of that cost by taking …