Are you an active participant in your employer’s retirement plan?
A “yes” answer can affect your federal income tax deduction for contributions to your traditional IRA. Read the rest of this entry »
Recent Articles from Thaney & Associates
What’s New: Social Security Benefits Increase For 2012
For the first time since 2009, those receiving social security benefits will get an inflationary increase in their monthly benefit. Benefits paid in 2012 will increase by 3.6%. There had been no increase in the previous two years because inflation was too low. Read the rest of this entry »
Planning To Improve Your Profitability
We often say “what you measure you can manage” and “what gets managed gets done”. When it comes to achieving greater profitability, truer words cannot be found. The fourth way of growing a firm, which is improving the effectiveness of the things that you do, is a vital part of assisting you to better manage the results. Read the rest of this entry »
Answer Four Questions Before Refinancing A Mortgage
“Interest rates hit historic lows!” “Refinance Now!” “No-cost refinancing!” These advertisements urge consumers to capitalize on mortgage interest rates that have declined significantly over the past two decades. Read the rest of this entry »
Tax Tip Tuesday! What Is Income?
No matter what the weather report says, each new year brings a flurry of information returns. These forms report the income you received during the prior year, and the size of the paper blizzard is partly due to the definition of “gross income” in the federal tax code. Read the rest of this entry »
Keys To Getting A Small Business Loan
Before a start-up company can begin producing revenue, it often needs an infusion of cash that exceeds owner contributions. Even long-established firms sometimes must borrow to purchase inventory, buy real estate, expand operations, meet payroll, or keep the lights on. When business owners turn to banks and other financial institutions for help, some are offered loans; others walk away empty handed. Read the rest of this entry »
Are You Driving Your Business Or Is It Driving You?
The New Year is always a good time for reflection. We touched on this point in last month’s newsletter. It’s often a time when we look back and wonder where the time went. Read the rest of this entry »
