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Healthy Body, Healthy Wallet

Healthy Body, Healthy Wallet

People save for a variety of things in retirement. Some dream of vacation homes in tropical destinations, others plan to spend time with grandchildren and family. Of all the activities you are saving for in retirement, did you know that health care may have the...

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Three Ways to Get Tax Breaks for Home Improvements

Three Ways to Get Tax Breaks for Home Improvements

Did you make substantial renovations to your home in 2019? Maybe you added a deck or patio, finished a basement or attic or installed a pool. Despite some changes in the Tax Cuts and Jobs Act (TCJA) that may discourage homeowners, you can still realize generous tax...

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ERISA Basics for Employers

ERISA Basics for Employers

If you're a U.S. employer and offer any kind of pension benefit to your employees, it's critical that you have an understanding of the Employee Retirement Income Security Act of 1974 (ERISA). Failure to know and fulfill your obligations and responsibilities under the...

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Beware of Deductions Claimed for Certain Business Expenses

Beware of Deductions Claimed for Certain Business Expenses

To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your field of business. A necessary expense is one that's helpful and appropriate for your business. The IRS sometimes challenges...

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