April 2014 Newsletter

Planning Your Financial Future April 2014
April is almost here, and that means you have about two weeks to either get your taxes filed or file an extension. If you don’t think you will have your information ready, file an extension. But remember, if you think you will owe (or you know it), send a payment along with the extension. You can extend the time to file. You cannot extend the time to pay.
The Fed’s Great Unwind and Your Portfolio
As the Fed begins to reduce its purchases of bonds and gets closer to raising its target interest rate, that unwinding can affect your portfolio.
More Details
Spring Cleaning Your Debt
It’s springtime–time for you to take stock of your surroundings and get rid of the dirt and clutter that you’ve accumulated during this past year. In addition to typical spring cleaning tasks, you may want to take this time to focus on your finances as well. In particular, now may be as good a time as ever to evaluate your debt situation and try to reduce and/or eliminate any debt obligations you may have.
More Details
Saving through Your Retirement Plan at Work? Don’t Let These Five Risks Derail Your Progress
As a participant in your work-sponsored retirement savings plan, it’s important for you to stay focused — and be aware of a few key risks that could derail you in your pursuit of success.
More Details
Is there a new way to calculate my home office deduction?
Beginning with the 2013 tax year, you’re able to use an optional safe harbor method of calculating your home office deduction.
More Details
How do I figure the tax on the sale of my home?
If you owned and used a home as your principal residence for a total of two out of the five years before the sale you may be able to exclude from federal income tax up to $250,000 ($500,000 if you’re married and file a joint return) of the capital gain when you sell your home.
More Details
This entry was posted on Thursday, April 10th, 2014 at 11:29 am. Both comments and pings are currently closed.

Comments are closed.