Merrill & Company CPAs

03/02/2020

To make sure you're fully complying with the tax rules and taking advantage of all the tax breaks you can claim, check out these five tax tips for self-employed folks.

Work for yourself? Here are a few key tax tips.

02/28/2020

We all need to plan for our retirement. We know it is important, yet all too many of us fail to plan adequately or save enough.

Retirement may feel like a long way off, but it will be here before you know it. Start planning now with these helpful tips!

02/27/2020

Are you planning to move to California? Then you should know about the Mental Health Services Act. It imposes a 1% tax on people who earn more than $1 million annually to pay for expanded mental health care in CA.

02/26/2020

Did you know that one tax mistake could trigger a 50% penalty?

There's one tax mistake that can trigger a 50% penalty, and baby boomers are most likely to be hit with the penalty.

02/25/2020

If you are working to reduce debt - prioritize paying off higher interest accounts while maintaining minimum payments on others.

02/24/2020

Short-term and long-term goals might seem self-explanatory, but some cases aren’t exactly clear-cut. Here are a few ways to identify your goals, plus budget and save for them accordingly.

Short-term and long-term goals might seem self-explanatory, but some cases aren’t exactly clear-cut. Here are a few ways to identify your goals, plus budget and save for them accordingly. What are…

02/21/2020

As with any form of debt, interest rate and credit are involved, and there are competing companies offering different rates and terms. You will need to negotiate a good deal, as that loan will stick with you for the next several years!

Understanding all the rules of the game when buying a care can save you a significant amount of time and money. Check out these helpful tips!

02/20/2020

More than 150 million individual tax returns for the 2019 tax year are expected to be filed with the vast majority coming in before the April 15 tax deadline... Are you ready?

IR-2020-20, January 27, 2020 ― The Internal Revenue Service successfully opened the 2020 tax filing season today as the agency begins accepting and processing federal tax returns for tax year 2019.

02/19/2020

Did you know a survey of pet owners revealed that nearly half (44%) have prepared for the future care of their animals should their pets outlive them?

Are you a pet lover? Should you buy pet insurance? What will happen to your dogs when you pass away? We share 3 financial tips for pet owners and prospective pet owners. Yes, Estate Planning for pets is a real thing.

02/18/2020

Treat your savings account like a bill. Contribute a specific amount each month as part of your regular expenses.

02/17/2020

Gifting stock to friends and family members can be tricky — there are several ways investors can get tripped up and make a poor decision from a tax standpoint.

Investors and their advisers should weigh several factors when contemplating a gift of securities to friends and family.

02/14/2020

There is a tremendous amount of hype and market craze around the idea of cryptocurrencies, with some investors praising crypto as the future of currency, and others deriding it as a useless short-term fad. So which is it, and why should you care?

As the use and exchange of Bitcoin grows, it is worth looking at and understanding the basic principles. Get the facts before investing.