General Archives |

Home Owners Exclusion

Congress has renewed the exclusion for up to $2 million of forgiven debt on your primary residence. Next year this will or would be great news for a client of mine.  He’s going through a slow divorce and their home is in foreclosure.  The bank apparently has been...

2015 IRS Milage Rates

Beginning on Jan. 1, 2015, the standard mileage rates for the use of a car, van, pickup or panel truck will be: 57.5 cents per mile for business miles driven, up from 56 cents in 2014 23 cents per mile driven for medical or moving purposes, down half a cent from 2014...

When is enough?

I once had a client that did not want to have us come in on a monthly or quarterly basis to look over the QB file.  They insisted that they were maintaining their file, but they were doing so by several part time employees and the owner.  None of which had any...

Ethics

What are the ethics of asking for help when you know that you will never hire that person to work for you? I know that this has happened to me.  I know/knew a person who always seemed to seek me out to get my opinion on a topic about every other time I saw them.  Now...

New Vehicles

I recently read an article or rant(?) from Suze Orman, who stated that no one should ever have a car loan over 36 months. I guess it easier to be the case when dealers are giving them away as part of an endorsement deal, or if your employer was providing them to you. ...

The 5th and fingerprints

I was reading an article that I admit surprised me.  It seems that our Constitutional rights for self incrimination do not extend to the use of our fingerprints. A Virginia court case had a judge rule that the police, who suspected incriminating evidence on his...

Pin It on Pinterest