Business owners may face a lot of scrutiny if they borrow money from their company and then get audited. Find out how you can prepare.

The taxation of alimony will change drastically starting in 2019. Here’s what you need to know:

Are business meals still deductible?

Deducting business meals with clients is no longer so clear-cut following the passage of the Tax Cuts and Jobs Act.

A new credit for small business owners

Starting this year, employers can take advantage of a new credit for paid family and medical leave created by the Tax Cuts and Jobs Act.

Don't let the warm weather go straight to your head. Make a point to review your tax plan and make effective changes while you still can this year.

Business Tip of the Month 

June 2018

If you have not already done so, now is the time to review your tax situation and make an estimated quarterly tax payment using Form 1040-ES. The second quarter due date is now here.

June 2018

In this issue:

• Tax Planning Time
• Six Home Ownership Tax Benefits
• Unconventional Summer Vacation Ideas
• Five Great Finance Tips Everyone Should Know
• Overlooked Business Metrics
• New! Small Business Medical Leave Credit

This Month:

• June 15th: 2nd quarter estimated taxes due
• June 15th: 2017 tax deadline for Americans living abroad
• June 17th: Father's Day

Summer is the perfect time to schedule a tax planning session. Take a look at the lead article to learn why. Summer is also peak season for buying a home. There are tax breaks discussed in this issue that may make owning a home more affordable for you. Also inside is a review of some often overlooked summer vacation ideas, as well as some classic finance fundamentals everyone should know.

Should you wish to review your situation, please feel free to call. Also feel free to forward this newsletter to someone who may benefit.

Do you feel like your credit card spending is out of control? Follow these six ways to lead you off the path of financial catastrophe.

The savings limits for the ever-popular health savings accounts (HSA) are now set for 2019. The new limits are outlined here with current year amounts noted for comparison.

Don't forget to document your spring cleaning donations

Don't get hooked by a phishing scam

If you're thinking about divorce, you should also be considering what tax filing status you should choose. Here's why.

As a busy working parent, you may be concerned about what activities are available for your kids this summer. There may be a solution that’s also a tax break: summer camp!

Using the Child and Dependent Care Credit, you can be reimbursed for part of the cost of enrolling your child in a day camp this summer.

Additional refunds result from FY 2017 audits

There are a lot of ways a business appraisal can help business owners. Take a look at why you should consider getting one.

Suppose you take your best client out to dinner to celebrate your business relationship. If you own a business, are self-employed or run a side business, can you deduct any of the cost?

The answer is not so clear after the passage of the Tax Cuts and Jobs Act. Here are some tips to stay on the right side of the new rules:

Home equity loan interest deductibility has changed

Your refund check is coming — Watch out

Don't say "I do" until you've said a lot more to your spouse about finances. Here's a helpful guideline.