Latest From the Blog
Buying High and Selling Low
We all know the adage “buy low, sell high”, yet in practice it can be easy to freak out and make rash decisions in the stock market. Diving into behavioral economics and psychology, this article presents a pretty convincing case that the best thing you can do for 401(k)’s is to spend less time checking the market.
Hit the Panic Button: You Missed the Tax Deadline
The people who want your taxes, the IRS, have ways to ensure you are able to pay and offer avenues for avoiding penalties depending on your circumstances. However, even if you manage to dodge the penalties, you should always pay your taxes as soon as possible, as the longer you wait the worse things can get.
Taxes for Military Retirees
For the abundance of current and former armed service members here in Dayton and beyond, this article looks at the 10 states where retired veterans receive the least in tax benefits. Many states offer tax breaks for retirees and have additional tax breaks for veteran pensions while others do not. This article raises important questions for veterans to consider in their retirement planning.
Retiring...On a Cruise Ship
When it comes to retirement planning, it can sometimes help to think outside the box. That’s exactly what the subjects of this week’s article, accountant Angelyn Burke (one of our favorite kinds of people) and her husband Richard, did when they made the decision to retire on a cruise ship.
New Rules on Ohio LLCs
This week’s article highlights some key parts of the Ohio Revised Limited Liability Company Act which took effect on February 11th. It constitutes the biggest change to Ohio’s LLC law since its inception in 1994. It is a good starting point for LLC owners in understanding the biggest changes and offers key takeaways at the end to avoid any missteps in adjusting to the new rules.
Last Year's Biggest Tax Crime Stories
For the tax nerds who love crime stories, this week’s article covers the 10 biggest IRS criminal cases of last year. From applying for 150 PPP loans to unlicensed cryptocurrency exchanges, there are some exciting cases here. Just don’t get any ideas - these people made the list because they got caught.