Home ownership is one of the most exciting moments in life. It has numerous benefits, including appreciation and tax deductions. However, it also has its risks. For this reason, you should research adequately before investing in a home. After being informed, finding...
No one wants to die and leave their loved ones to deal with their debts. However, when someone dies unexpectedly or is unable to repay their debts before they pass away, that happens. There may be a number of debts those administering an estate may have to deal with....
The end of the year is busy for a lot of folks, but that’s especially true when you operate a small business. This is the time of the year when you need to think about the things you should be doing now so that you can ensure smooth sailing (and better profits) in...
When you’re passing on a high-value estate to your children, it can be very complicated and you may know that disputes are likely. After all, a life-changing amount of wealth could be on the line. These types of disputes can sometimes cause a rift between siblings...
Homeownership comes with a number of secondary responsibilities. Among them is the obligation to pay property tax. After establishing the taxable value for your property, the county where you own property will then apply the property tax and send you an annual bill....
Property taxes are a big contributing factor to the total costs you incur maintaining a home. How much you pay in taxes will depend on the tax rate in your local community and the state valuation of your property. Every six years, county auditors in Ohio must...
The income tax system in the United States is complex and constantly changing. Even tax professionals sometimes find themselves surprised by recent shifts in the rules. Your income, your employment status and even your family size can affect what taxes you have to...
Maybe you took over your family business and have run it for several years. Perhaps you and your spouse bought a franchise together. Maybe they started a professional practice after they finished their accounting degree. If business ownership has played a part in your...
Preparing your taxes for the first time as a small business owner can be intimidating and scary. You may not know exactly where to start, and you may be subject to more complex filing requirements such as needing to file your taxes monthly or quarterly. While taxes...
If, like many Americans, you are looking for a way to reduce your tax bill, donating to a qualifying charitable organization can help lower your tax burden while supporting a good cause. While many organizations in the U.S. focus on giving back to the community, only...