TAX SOLUTIONS: Capital Assets

 

 
By  A.J. Gross, C.P.A., E.A.
 
When most people think of capital assets, the first thought is stocks.  Stocks are considered a capital asset, however personal property are also considered capital assets.  We will provide a overview of capital assets.

 

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Jill on Money: Get financial house in order before having children

By Jill Schlesinger
Tribune Content Agency
 
  Birth rates are up for the first time since the recession began, and economists are cheering. It’s not that the practitioners of the dismal science are lovers of baby showers; rather, they say that the new mini baby boom is yet another example of an improving economy.

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TAX SOLUTIONS: Back Taxes on Credit Report

 

By  A.J. Gross, C.P.A., E.A.
 
Delinquent back taxes can show up on your credit report.  This will have a harmful effect on your credit score.  There are steps that can be taken to remove taxes from your credit report.  

 

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Jill on Money: Housing could sizzle this summer

 

By Jill Schlesinger
Tribune Content Agency
 
   “The housing market is coming back and it looks like it will be with a vengeance,” economist Joel Naroff commented after a report showed that building permits, an indicator of future activity, soared to the highest pace in nearly eight years.

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TAX SOLUTIONS: Collection Statue End Date

 

 

By  A.J. Gross, C.P.A., E.A.
 
Owing back taxes is a heavy burden.  Especially if there is a limited ability to pay the taxes owed.  If you are in this situation, it is good to know the Collection Statute End Date.  There is a set period of time the IRS and the State of Michigan have to collect back taxes. 

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TAX SOLUTIONS: Get Your Refund

 

By  A.J. Gross, C.P.A., E.A.
 
On March 11, 2015, the IRS announced they were holding on to more than $1 Billion of refunds for people who have not filed a 2011 tax return.  If they did not file a 2011 tax return by April 15, 2015, then those people lost their tax refund.  There is a statute of limitations for claiming a refund.  If you are in this situation, there are forms you can file to get your refund prior to the statute expiring.

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The 6 Worst Responses During a Job Interview

  By Cheryl Danyelle Griffin

TNCP Community Writer
 
You have surpassed most by getting an interview for the position of your dreams.  You have read the self help books about how to dress and how to behave during the actual interview.  You will be sure to dispose of your chewing gum and have good eye contact.  The practice that you have been doing for the past two weeks will surely pay off if you remember 6 things not to say in a job interview:
 

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FINANCIAL FOCUS: Are Women Reluctant to Talk About Money?

 

A new survey says yes. Is it telling the whole story? 

Provided by Jose Yanez

A new study asserts that women feel uncomfortable discussing financial matters. The latest Money FIT Study from Fidelity Investments is generating some conversation within the financial industry. 

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