As tax filing season approaches, the Internal Revenue Service cautions taxpayers not to rely on receiving their refunds by a certain date, especially when making major purchases or paying bills. Some ...
Read More »Dave Says: Should you have renter’s insurance?
Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Dear Dave, We just helped ...
Read More »The 401(k) / IRA IQ Quiz: How safe is your retirement?
While we all love the season of giving, there is one place that many are likely giving far more than they should: the Internal Revenue Service. As we’ve pointed out in our ...
Read More »Dave Says: The partnership, not the family, is the problem
Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Dear Dave, My two brothers-in-law ...
Read More »President repeals church ‘parking lot tax’
President Trump has signed the repeal of a tax law Congress passed that penalized churches and non-profits that had parking lots. The “parking lot tax” was an unintended aspect of the 2017 ...
Read More »The ‘7% guaranteed’ annuity myth
One of the most common things I see when someone comes into our office for the first time if they own or have been pitched an annuity is the belief that the ...
Read More »Need to amend a tax return? Here’s what you should know
Taxpayers may discover an error after filing their taxes. They shouldn’t panic, they just need to correct it by filing an amended tax return. Here are some common reasons to file an ...
Read More »Dave Says – Helping is often more than just giving
Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Helping is often more than ...
Read More »Do you need help with your IRS problem?
The first IRS problem would be if you have not filed tax returns for several years. After 3 years, the taxpayer will not get his refund if one is due him. The ...
Read More »Beneficiary mistakes can cost a fortune
Beneficiary designations are important in determining where certain assets of an estate will end up. Many think that a will or trust is what determines where everything goes. This is not necessarily ...
Read More »Democrat-run Illinois to impose car tax on trade-ins
Car dealers may have a busy New Year’s Eve if Illinois residents try to beat a significant sales tax expansion on vehicle trade-ins that starts in 2020. The state currently collects no ...
Read More »Dave Says – You don’t fake poor
Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. You don’t fake poor Dear ...
Read More »What are Enrolled Agents and how can they help you?
Enrolled Agents are tax professionals licensed to represent taxpayers before the IRS. The Enrolled Agent designation dates back to 1884, when many taxpayers were victimized by unscrupulous representatives when claiming losses in ...
Read More »Getting the taxman out of your retirement — Part 2
Last month, in part one of this article, we discussed how you might be in a lower tax bracket in retirement, but pay a higher tax rate. In this article, we’ll look ...
Read More »Dave Says – Getting motivated
Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Getting motivated Dear Dave, My ...
Read More »Getting the taxman out of your retirement — Part 1
One of the most overlooked, but perhaps most important, aspects of retirement income planning is taxes and how they relate to Social Security. Taxation on Social Security benefits works differently than other ...
Read More »Local officials learning tax hikes doom consumer spending
City and county officials in Johnson County recently told the Kansas City Star they are ‘puzzled’ by sluggish sales tax collections and consumer spending. They shouldn’t be. Local officials should realize the obvious. Kansans ...
Read More »Can the church participate in political debate?
A public debate has started concerning the Kansas Supreme Court, who recently found the right to an abortion in the Kansas State Constitution. Is the church legally restricted from participating in the ...
Read More »Dave Says – If you can’t afford a 15-year mortgage…
Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. If you can’t afford ...
Read More »Want to see your church or charities get 30%-60% more money?
The last couple of years have been a rough one for many charities out there. Most have experienced an increasing demand for their services while simultaneously seeing a large drop off in ...
Read More »Kansas new business decreases as nation grows
Kansas is the only state in the country with negative new business growth since President Trump took office, according to Bloomberg. Data from the US Census Bureau highlights new business growth across the ...
Read More »Dave Says – A home shouldn’t leave you “house poor”
Need some financial advice? Debt and income crisis? Pay off the house first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. A home shouldn’t leave you ...
Read More »Dave Says – Emergency fund for business?
Need some financial advice? Debt and income crisis? Pay off the house first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Emergency fund for business? ...
Read More »Taxpayers should be aware of the top tax scams currently in vogue
Tax scammers continue to work. Again this year, the IRS highlights the twelve top scams in its “Dirty Dozen” list. These scams are often aggressive and happen throughout the year. The schemes ...
Read More »Dave Says – Preparing for the real world
Need some financial advice? Debt and income crisis? Pay off the house first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Preparing for the real world ...
Read More »