Retirement sounds really great, especially after a lifetime of working. But if you are looking to retire at 62, there are three things you should consider that will impact you: You’ll have lower Social Security benefits; You’ll have to wait for Medicare; and You’ll have to fund your retirement longer. If you are financially stable enough where...
Read MoreThe IRS is catching up to the unreported income of Uber drivers and Airbnb hosts, and they are closing their tax loophole. The IRS recently unveiled a website, the Sharing Economy Resource Center, aimed at helping those in the “sharing” or “gig” economy meet their tax obligations. If you want to learn more, you can read the full article The...
Read MoreNew York area landlords and tenants need to understand the proper rules for security deposits in the state. With so much going on, it can be easy to overlook the basics. Learn eight security deposit laws every New York landlord must follow. Here are the 8 basic rules of New York’s Security Deposit Law: Maximum Security Deposit: No Limit Nonrefundable Deposit:...
Read MoreThe General Services Administration (GSA) has released the federal domestic per diem rates for fiscal year 2017. The IRS permits taxpayers to use these rates to substantiate business expenses under IRC Sec. 274(d) for lodging, meals, and incidental expenses incurred while traveling away from home. The maximum standard per diem rate has increased from $140 to $142...
Read MoreEver heard that if you invest in the stock market, you should be thinking long-term? Well 2016 got off to a rough start on the stock market. Find out how and why patience paid off for some 401(k) investors by reading the full article posted by Money magazine. Dan Kadlec, April 29,...
Read More