Camp in St Petersburg Florida

Summer camp costs may brighten your tax return

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The coming and going of Memorial Day marks the beginning of summer in the minds of many Americans. Although the kids might still be in school for another week or two, summer day camp is rapidly approaching for many families. If yours is among them, did you know that sending your...
Financial Records in St Petersburg Florida

Organizing your financial records for best results

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With tax time long over and midyear officially here, it’s a great time to organize your financial records. And the key word here is indeed “organize.” Throwing all your important documents into a drawer won’t help much when an emergency occurs and you (or a family member) need to...
Stock Market Volatility in St Petersburg Florida

Stock market volatility can cut tax on a Roth IRA conversion

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This year’s stock market volatility can be unnerving, but if you have a traditional IRA, this volatility may provide a valuable opportunity: It can allow you to convert your traditional IRA to a Roth IRA at a lower tax cost. Traditional IRAs Contributions to a traditional IRA may...
Tax Planning in St Petersburg Florida

10 Midyear Tax Planning Moves Inspired by the PATH Act

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Numerous tax breaks have been retroactively expanded for 2015 and beyond — or, in some cases, been made permanent — under the Protecting Americans from Tax Hikes (PATH) Act of 2015. Now that the dust from the new law has settled, individuals and small business owners can plan...
Employees in St Petersburg Florida

How many employees does your business have for ACA purposes?

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It seems like a simple question: How many full-time workers does your business employ? But, when it comes to the Affordable Care Act (ACA), the answer can be complicated. The number of workers you employ determines whether your organization is an applicable large employer (ALE)....
HSA in St Petersburg Florida

Health Savings Account (HSA) Limits for 2017

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With Health Savings Accounts (HSAs), individuals and businesses buy less expensive health insurance policies with high deductibles. Contributions to the accounts are made on a pre-tax basis. The money can accumulate year after year tax free, and be withdrawn tax free to pay for a...
Hiring in St Petersburg Florida

Avoid Hiring Traps that Lead to Hiring Remorse

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Surveys of job seekers — often performed by recruiting firms — reveal a variety of reasons why would-be applicants may decide to bypass your company. Some individuals may complete the application but through that process develop a negative preconception about your business. This...
Marriage in St Petersburg Florida

For Richer or Poorer: Financial and Legal Considerations in Marriage

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Last year, the average U.S. wedding cost $32,641 — including engagement rings but excluding honeymoons — according to the 2015 Real Weddings Study published by The Knot, a wedding marketplace and concierge service. That staggering amount represents an increase of more than $5,500...
Overtime Rules in St Petersburg Florida

New Overtime Rules Issued: What it Means for You

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A change in the rules governing overtime has been coming for two years, with a sneak preview of proposed modifications last year. But on May 18, the Department of Labor (DOL) came out with its new final rules, which take effect on December 1, 2016. The rules will significantly...
Opportunities in St Petersburg Florida

Made in America: The Pursuit of Life, Liberty and Global Opportunities

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This election season, Republicans and Democrats don’t seem to agree on much. But 95% of voters — regardless of which U.S. presidential candidate they favor — support American-made products. The vast majority of Americans also favor training programs, trade enforcement, tax...