Archive for October, 2014

You and Your Charitable Contributions. Do You Have Proper Documentation?

Posted on:  October 30th, 2014
By:  Diane Morrison

Charitable contributions – where else can you get that warm feeling of doing good for others , while still getting an advantage for yourself?  It’s all good, but many people aren’t as careful as they should be about proper documentation.
In a recent case that came before the Tax Court, a taxp Read More

Last Updated by Diane Morrison October 30, 2014

How About a Sandwich? Surviving the Big Squeeze When Caring for Your Aging Parent.

Posted on:  October 23rd, 2014
By:  Diane Morrison

Worries about aging parents are nothing new; it’s a part of life.  What is new, is the fact that many Baby Boomers are caught in the middle – having to worry about helping aging parents, both physically and financially, while still providing for their own children.  They are the “sandwich ge Read More

Last Updated by Diane Morrison October 23, 2014

Looking Back and Looking Ahead – Are You Ready for the Upcoming Tax Season?

Posted on:  October 16th, 2014
By:  Diane Morrison

For many taxpayers who went on extension, the sigh of relief is still fresh on your lips – we know it is on ours!  2014 is fast drawing to a close however, and once again, tax season will be upon us.  It’s not too late to make some last minute adjustments in preparation for your 2014 tax retur Read More

Last Updated by Diane Morrison November 19, 2014

Missing Something? The Social Security Administration Resumes Mailing Out Statements

Posted on:  October 9th, 2014
By:  Diane Morrison

Waaay back in the old days – 1999 to be exact – the Social Security Administration (SSA) began mailing out annual statements to workers 25 and older.  Those statements were helpful in several ways.  First, you could see at a glance your total income for each year and for many of us it was Read More

Last Updated by Diane Morrison November 20, 2014

College Costs are Rising. Can You Afford a College Education? Can You Afford Not To?

Posted on:  October 2nd, 2014
By:  Diane Morrison

This is probably not news to any parent with a college age child – the costs of a college education are rising.  Between 2002 and 2012, prices for undergraduate tuition rose by 40% at public institutions.  While the general cost of living inflation rate averages about 2% per year, college costs Read More

Last Updated by Diane Morrison November 19, 2014