November and December have kept me busy as always. Here’s a look at a few things I’ve written for clients lately.
Do you usually itemize deductions on your tax return? Tax reform made some pretty big changes to itemized deductions and nearly doubled the standard deduction available in 2018. Check out this piece I wrote for Credit Karma – you just might find that itemizing isn’t your best bet anymore.
Your accountant wants you to make the switch to cloud accounting, but how much time will it reallysave? I put it to the test by timing how long it takes to do certain tasks like invoice clients, record expenses and follow up on past-due invoices the old way versus with cloud accounting. Even in my little one-person operation, the results were pretty dramatic. How much time could you save?
Is your company struggling to attract and retain top talent? Unemployment is at an all-time low and it’s a candidate’s job market. If you’re trying to fill a vacant position, don’t expect a stack of resumes from qualified candidates willing to compromise on their compensation requirements. You’ll have to be extra persuasive to win them over. I wrote this piece for Parker + Lynch on how to win the hiring game in a tight labor market.
Many people dream of building their own home someday, but few people can afford to pay cash for that kind of project. That’s why construction loans come in handy. But getting a construction loan is quite different from getting approved for a traditional mortgage. In this piece for LendingTree, I cover the types of construction loans available and what you’ll need to know to get approved.
As we head into the last few weeks of 2018, I’m busily working with several clients – some new and many long-term. Here’s a look at some of the pieces I’ve had published lately.
I’ve written quite a bit about reverse mortgages for LendingTree this year. A recent one, Is a Reverse Mortgage Foreclosure Possible?, covers the risks homeowners take on when they take out a reverse mortgage. For this piece, I had a chance to talk to M. Reese Everson about her experience dealing with a reverse mortgage after her grandmother passed away.
If you’ve ever considered taking a loan against your 401(k) balance, hopefully you were warned about the potential pitfalls that can occur if you lose or leave your job before repaying the loan. The Tax Cuts & Jobs Act of 2017 gave borrowers a little more time to repay 401(k) loans and avoid having them treated like taxable distributions, but that doesn’t mean they’re risk-free. To learn more, check out this piece I wrote for Credit Karma: Tax Reform Gives Some 401(k) Borrowers More Time to Repay.