by Integrated Tax Services | Oct 3, 2022 | Family
One of the most common reasons businesses fail is due to lack of proper cash flow. The same is often true in many households. Here’s how this concept of cash flow applies to you along with some ideas to improve it. Cash flow defined Cash flow equals cash coming...
by Integrated Tax Services | Jul 7, 2022 | Family
Inflation is upon us, and a hidden gem used by companies to combat price increases is often hidden from the unaware. It’s called shrinkflation. Here’s what you need to know about this hidden price hike and what you can do to cope with its effects. Defining...
by Integrated Tax Services | Jun 3, 2022 | Family
Couples consistently report finances as the leading cause of stress in their relationship. Here are a few tips to avoid conflict with your partner or spouse. Be transparent. Be honest with each other about your financial status. As you enter a committed relationship,...
by Integrated Tax Services | Jun 3, 2022 | Family
As a busy working parent, you may be on the lookout for activities that are available for your kids this summer. There may be a solution that’s also a tax break: Summer camp! Using the Child and Dependent Care Credit, you can be reimbursed for part of the cost of...
by Integrated Tax Services | May 2, 2022 | Family
Going on vacation is a time to get away, relax and enjoy new experiences. But if you don’t pay close attention, extra costs can sneak up on you like tiny money-stealing ninjas. Here are eight sneaky vacation costs. Covert airfare increases. Airline pricing algorithms...
by Integrated Tax Services | Mar 1, 2022 | Family
With careful tax planning, you can use the kiddie tax rules to reduce your tax obligation. Here’s what you need to know. Background The term kiddie tax was introduced by the Tax Reform Act of 1986. The rules are intended to keep parents from shifting their investment...