An unexpected casualty can wreak havoc emotionally and financially. An itemized tax deduction may help ease the financial burden if your home, vehicle, or other personal property has been damaged or destroyed by an unforeseen disaster. Typically, you claim a casualty...
According to the National Institute on Retirement Security, nearly half (45 percent) of working-age households don’t have any retirement assets. With less than one year’s worth of their annual salary in retirement savings, nearly two-thirds of those working-age...
The time is fast approaching when many young adults leave the nest and head for college. But, just as the famous American Express commercial cautions consumers not to “leave home without it”, referring to a credit card, at Geyer & Associates we caution students...
Paying for a college education can be intimidating for both the college student and the parents, especially with rising costs. When deciding whether the parents or the child should take on this responsibility consider the compelling arguments for both sides. ...
As we progress through 2017, be aware of major changes to the IRS Collection Policy. According to accountingtoday.com “During the past five years, new laws and IRS administrative changes to collection policy have been frequent, and can be hard for taxpayers and...
The Department of Labor (DOL) wants you to benchmark your plan for reasonableness – at least every three years. A benchmark report helps during a DOL audit. Benchmarking will tell you: Who provides services to your plan, as well as the actual fees charged....
