June 3, 2022

June 2022 Newsletter

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Here are your Articles for June 3, 2022.
  Timely Opportunities
Is Cryptocurrency Right for Your Business?While Bitcoin is no longer a shiny new object, cryptocurrencies continue to draw the attention of individuals and business owners seeking ways to harness the popularity of this alternative to traditional financial assets. But business owners are being urged to tread carefully with crypto. Here’s why — and how.Full Article
Opening the Door to Home Office DeductionsEmployees can no longer deduct home office expenses under current federal tax law. But self-employed individuals may still be eligible if they meet certain requirements. Here’s an overview of the eligibility rules and two methods for calculating the home office deduction, along with a potential pitfall for people who take advantage of this tax break and later sell their homes.Full Article
  Personal Finance
10 Steps To Reducing Your Cybersecurity RiskMost people today rely on the Internet for so many things — communication, information, transactions. But this dependence comes with the ever-present risk of a cybercriminal hacking into your private data or tricking you into compromising your accounts. This article offers 10 commonsense steps to reducing your cybersecurity risk.Full Article
  Personal Tax
Dividing Assets and Tax Bills in DivorceDividing assets in a divorce can involve complex financial issues and planning ahead can make a big difference. This article explains some of the tax implications of real estate, personal property, investments, business ownership interests and similar assets — both before the divorce and after it becomes final.Full Article
  Estate Planning
Financial Strategies in a Post-DOMA WorldThe U.S. Supreme Court’s decision declaring the Defense of Marriage Act unconstitutional may require some same-sex couples to reconsider their financial strategies. Federal agencies are still interpreting portions of Supreme Court’s ruling. And, with many states not recognizing same-sex marriages, challenges remain for those looking to update their financial strategies and approaches. Here’s a brief overview.Full Article
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