Should You Plan For A Second Retirement?
A couple typically plans for their retirement. What is frequently overlooked is the reality that, on average, women live longer than men. Few retirement plans prepare surviving women for what is effectively her second retirement – a later life stage with new complexities, different needs, and costs just when financial resources and personal resilience may […]
Summer Financial Check-Up in 3 Easy Steps
Summer can be an ideal time to slow down, reflect and reset your money mindset. You also may find more time to review your financial goals and decide whether you need a reboot. Midyear check-in: Take these 3 actions now to start cleaning your financial house Use the slower summer months to check up on […]
Scam Alert – ERTC Assistance
Clients tell us they are continuing to receive mailers, calls, e-mails, and other communication about how they may be eligible for up to $26,000 per employee for The Employee Retention Tax Credit (ERTC). These seem very official, yet they are scams. The IRS issued a recent warning about these claims. They are serious about chasing […]
How to Get Your Long-Term Care Planning on the Right Track
It may not be especially nice to think about, but the fact is that as we all keep living longer, our likelihood of requiring long-term care is increasing, too. What that care looks like and how long we need it for are, of course, unique to every individual. But what’s true for many of us […]
The Child And Dependent Care Credit Is Worth Up to $8,000 This Tax Season
This tax season, an often-overlooked tax credit could put up to $8,000 back in families’ pockets. Thanks to a temporary change codified in the American Rescue Plan, parents or guardians can now claim a maximum credit of $4,000 (50% of $8,000 in expenses) for one child, and $8,000 for two or more children (50% of $16,000 […]
Critical Tax Law Changes Affecting Family Law Practitioners
How the Child Tax Credit will affect divorced and separated parents There are a lot of questions about this year’s advance child tax credit for divorced, separated, and unwed parents who share custody. The IRS has specific rules that are different from prior years, including which households qualify and how the payments are disbursed upfront in […]
How Long Should I Keep Tax Records?
If you’re like many Americans, you may have tax returns from a decade ago languishing in your filing cabinet. But you don’t need to hold on to tax documents for as long as you might think. In almost all cases, you can shred or throw away any documents such as W-2s, 1099s, or other forms or […]
Soft Skills May Be The Key For CPA’s
As professionals advance in accounting and finance careers, soft skills become increasingly important. Whether a professional is looking for a new job or seeking a promotion, focusing on and developing soft skills can help employees be more well-rounded and employable professionals. For professionals looking to improve their work and their employability, the 4 soft skills listed […]
5 Tips to Help Identify Fake Financial News
If it’s on the internet and in ALL CAPS it must be true! Whether it’s the GUY WHO TURNED $10,000 INTO $20 MILLION or the HOT TECH STOCK THAT WILL SHOCK YOU, you’ve probably seen some version of this fake news dozens of times a day. And, if you’re like me, you’ve probably clicked on […]
Congratulations To Our Newest CPA!
DeHoek & Company is proud to announce Jonathan DeHoek is a licensed Certified Public Accountant (CPA). Having completed his exams earlier this year, Jon received his CPA certificate and we could not be happier for him, Congratulations Jon! Jon’s responsibilities include business, individual, and non-profit tax return preparation, auditing, and bookkeeping. He joined our team […]