Carbondale, PA: (570) 281-9761

December 2013

Tips

A third of major retailers’ revenue comes from the last 2 months of the year. So obviously the Holiday season gets people to spend way more than usual.

Posted December 23, 2013
Tips

If you sold your home this year for a profit, it may not be taxable income!

In most cases, if your home has been your primary residence 2 out of the 5 years you’ve owned it, you may not have to report it as income. Usually, you don’t have to report up to $500,000 dollars for joint returns—$250,000 for individuals.

Posted December 21, 2013
Tips

Deduct the money you put towards a Health Savings Account!

Contributions you make to a Health Savings Plan are deductible and the withdrawals you make from it are tax free when you use the money towards medical expenses.

Posted December 14, 2013
Tips

Sure you’ve got an idea of what you’re gonna spend on Holiday gifts but what about all the costs that sneak up on you?

Posted December 7, 2013