Monthly Archives: November 2017

Long Term Care Costs Await Seniors: Tax Deductibles Help Abate the Price Tag

Elderly Long Term Care Costs Will Always Be Part of Life

All seniors should consider planning for long term care costs. This is because Seniors often face the prospect of entering a nursing home to receive long-term care. And, for most seniors a nursing is their final residence before passing away.

At other times, for the more fortunate, the elderly person will remain at home and receive some type of assistance with his or her everyday activities. Both of these options can involve considerable expense to the senior. As a result, care should be taken to claim every tax deduction available in these situations to help abate the costs. Continue reading

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KPI for Every Facet of Your Business

What is a KPI? How do you use KPI for every facet of your business?

KPI is an acronym for Key performance indicators. KPI is a metric or set of metrics companies use to measure performance. The use of KPI for every facet of your business is significant to upper level management decision making purposes. Continue reading

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Tax Issues When Married to a Foreign Spouse?

Are you married to a foreign spouse? A non-resident of the USA?

A foreign spouse or as the IRS puts it, a nonresident alien, what is that, you may wonder?  In this day and age, with businesses going global and worldwide travel being so easy, it is more and more common to see marriages take place between a U.S. citizen/non-U.S. citizen who is a resident of another country. These marriages trigger significant tax consequences. Continue reading

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Early Year-End Tax Planning To Take Advantage Of Possible Tax Reform

Wouldn’t you like to know about early year-end tax planning to take advantage of possible tax reform?

So, why do we think early tax planning is appropriate this year? Actually, with the prospect of major tax reform on the horizon, some strategies can be put into place before the end of the year that can substantially reduce your 2017 tax bill. That would be nice.

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