Our Weekly Blog

So you want to become a landlord? Congratulations. You’ve just signed up for a second job.

You've probably seen the billboards lining I-90 with schools promising reduced tuition for out-of-state students. The real question: how do these programs work, and what do students need to do to qualify?

Roth conversion is simply the act of converting a traditional IRA account (Or pre tax workplace retirement plan) into a Roth IRA account. As mentioned above, a traditional IRA account is usually funded using pre-tax dollars, meaning the distributions you take from a traditional IRA account in retirement are taxed as ordinary income. A Roth IRA is created using after-tax dollars, meaning the distributions you take from a Roth IRA account in retirement are tax-free (because tax has already been paid).

Did you know that if you are divorced, your ex-spouse might be eligible to receive one-half (50%) of your retirement benefit? And if you should die before your ex-spouse, your ex can receive your full retirement benefit? Read more here to learn the rules about divorced spousal Social Security benefits for your ex-spouse.

Whether you’ve been running your own business for a few years or just starting up a new one this year, you’re going to have some additional responsibilities beyond setting up a flashy website. Having started several businesses over the past 25 years, I’ve learned a thing or two about starting up a successful business.

o qualify for this huge tax break, homeowners must do a couple things. First, they must own their home individually or with a spouse. This may seem like an obvious distinction, but I’ve seen some weird forms of ownership over the years that could interfere with that person’s ability to qualify for the exclusion. Second, they must have used the home for two years as their primary residence. This two-year period is the minimum time that the homeowner must have lived at the property in five years, giving flexibility to those who have moved away temporarily1