The Newsroom
Financial and Accounting Updates and Information from Maggart
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From the Monthly Newsletter...
Pump the Brakes Before Donating Your Vehicle to Charity
Many people might consider donating their vehicles to charity at year end to start the new year. Why not get a fresh ride and a tax deduction, eh? Pump the brakes — this strategy doesn’t always work out as intended. Donating an old car to a qualified charity may seem like a hassle-free way to dispose of …
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Year-End Tax & Financial To-Do List for Individuals
With the dawn of the new year on the near horizon, here’s a quick list of tax and financial to-dos you should address before this year ends: Check your Flexible Spending Account (FSA) balance. If you have an FSA for health care expenses, you need to incur qualifying expenses by December 31 to use up …
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Living the Dream of Early Retirement
Many people dream of retiring early so they can pursue activities other than work, such as volunteering, traveling, and pursuing their hobbies full-time. But making this dream a reality requires careful planning and diligent saving during the years leading up to the anticipated retirement date. It all starts with retirement savings accounts such as IRAs …
