Using Online Services Such as Airbnb to Rent out Your Home? Better Read This!

Renting out your home or second home for short periods of time is becoming increasingly popular with the advent of online services that match property owners with prospective renters. The online sites providing these services include Airbnb, VRBO, and HomeAway. There are special (and often complex) taxation rules associated with renting out your home or […]

Will You Die Broke?

There is a well-known rule of thumb—the 4% Rule—that suggests if you spend 4% of the value of your capital a year, you are unlikely to outlive your savings. It is used to determine the amount of funds to withdraw from a retirement account. T.Rowe Price believes it is a reasonable starting point. And according […]

What Does the Future Hold for Taxes?

One topic that is frequently being discussed is what the future holds for individual taxation under incoming President Trump. Numerous blog entries have been posted on the issue; many proclaim that the wealthy will be the beneficiaries of Trump’s tax policies, and some declare that lower-income taxpayers will see tax increases. Those predictions are based […]

Time to Start Thinking About Year-End Tax Moves

With year-end just around the corner, it is time to think about those last-minute actions you can take to improve your tax situation for 2016. Year-end tax planning is probably something you will want to deal with before the holiday season crush arrives. There are numerous steps that can be taken before January 1 to […]

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