MHenderson, Taxes, Insurance & Multi-Services

03/03/2023

Deciding between a traditional or Roth IRA? The traditional IRA provides short-term tax savings, but a Roth IRA might be better for the long-term.

Deciding between a traditional or Roth IRA can be confusing, but one thing is clear - Roth IRAs are subject to fewer IRS rules and restrictions, giving you more flexibility while still providing some great tax savings.

03/01/2023

New tax rules mean changes for how you save for retirement. Read how these rules affect you. And those with small businesses should know about this potential looming $800+ penalty!

Recent legislation is taking a broad sweep at retirement accounts. While many of the rule changes are implemented over a number of years, some of them are important to know about right away. Summarized in this issue are some of the more important provisions. With the pending flow-through filing dead...

02/24/2023

Caregivers can get help from three federal tax breaks: the medical expense deduction, the child and dependent care credit, and the "family" credit.

If you've ever had to care for a sick, elderly or disabled person, you know it can be difficult financially as well as emotionally. A recent study found that many caregivers are forced to make financial sacrifices, including delaying retirement, in order to help their loved ones.

02/17/2023

Rejected tax return? You need to understand what steps to take...

If an e-filed tax return is rejected by the IRS what should you do? Here are some of the more common causes for rejected tax returns and what you can do about it.

02/10/2023

The best defense against a tax audit? Stop the clock. Here is what you need to know.

Your tax return can be audited forever, but only if you do not file the return. By knowing the statute of limitations for a tax audit, you can be better prepared to reduce the risk of having a prior year tax return reviewed.

02/09/2023

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02/08/2023

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02/08/2023

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Saving money is a vital concern for nearly everyone in these difficult times. Because of this, it is important that you find the best possible rate for your auto and homeowners insurance policy. Luckily, it is much easier to find a great rate for insurance now than ever before.

02/08/2023

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02/07/2023

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Even the most careful drivers can be involved in a car accident. If you find yourself in this situation, read this article for tips to help you get through the aftermath safely: https://bit.ly/3r377tE

Whether you've gotten into a fender bender or totaled your car, accidents are scary.