Dec 5, 2019 | Business, Personal Finance, Tax
Canceled Debt – Is It Taxable or Not? If you borrow money and are legally obligated to repay a fixed or determinable amount at a future date, you have a debt. You may be personally liable for a debt or may own a property that is subject to a debt. If your debt is...
Dec 5, 2019 | Business, Business Financial Consulting, Business Health, Personal Finance
By Douglas S. Stanger, Esq. Shareholder of the Firm of Flaster/Greenberg PC and on the Panel of Trustees of the Department of Justice. While bankruptcies are generally down in most areas of the country, not here in Atlantic County. With many closed casinos and eight...
Dec 5, 2019 | Business, Personal Finance, Quickbooks, Uncategorized
Ctrl+Y- A useful tool Did you ever wonder how to easily find the way a transaction was entered into Quickbooks? Ctrl + Y is the answer. Using those keys when in an open Quickbooks screen for a vendor bill, check, or invoice, etc. will bring up a screen showing which...
Dec 5, 2019 | Personal Finance, Tax, Uncategorized
By: Terri L. Marakos, CPA With the expansion of the global economy, the involvement of taxpayers in foreign activities has become commonplace. Even not-so-sophisticated investors often hold the securities of companies with foreign activities and that pay foreign...
Dec 5, 2019 | Investing, Personal Finance, Uncategorized
Here are the final five axioms for personal finance. The first five appear here, and can be summarized as: Spend less than you make Planning precedes every activity Systematically monitor your progress Save early and as much as possible Diversify, diversify, diversify...
Dec 5, 2019 | Personal Finance, Social Security, Uncategorized
Finding the right age and correct strategy to claim Social Security retirement benefits can have a substantial impact on a retiree’s financial security. It is essential for CPA personal financial planners to educate clients about the options and run the numbers...
