Taxes and Finances | Car Leasing
Other than a home, a car is typically the biggest purchase you will make. Many car owners do not consider the financial implications. What are the benefits and disadvantages of buying and leasing a car?
Other than a home, a car is typically the biggest purchase you will make. Many car owners do not consider the financial implications. What are the benefits and disadvantages of buying and leasing a car?
Blended families can create complex tax and estate planning issues. With more children living in blended families, parents need to plan for short and long-term tax and estate matters. According to a Marketwatch survey, approximately 63% of women are in a remarriage, which can create financial complications when it comes to tax liabilities. One challenge for couples is agreeing on inheritances for first and second marriage children.
In wake of tax reform, the IRS issued clarification allowing some business owners to bypass the new $10,000 cap on the state and local tax deduction. Now, business owners may want to consider claiming deductions for charitable contributions as ordinary, deductible business expenses.