Federal student loan repayments have been on “hold” for the past three years. Borrowers will have to start making payments after August 31st. Taxpayers may wonder whether they can deduct the interest they pay on their tax return. The answer may be yes, subject to certain limits. The deduction is phased out if your adjusted […]

If your business receives large amounts of cash or cash equivalents, this is what you must know. You’re supposed to report these transactions to the IRS but not just on your tax return. The requirements Each person who receives more than $10,000 in cash in one transaction, or two or more related transactions, must file […]

Paid time off (PTO) can be a huge perk for employees. Whether they use the PTO for extra vacations after years of pandemic restricted travel, for mental health days, or anything in between, PTO benefits can be a big factor for potential employees and in keeping current employees happy. One option, if you have a […]

Many individuals may have a desire to make their home more energy efficient, either to help the planet or their wallets. The Inflation Reduction Act of 2022 may have given another incentive to making your home more energy efficient. Ask your Rudler advisor as you may be able to help offset the initial cost of […]

As a small business owner you have likely heard of limited liability companies (LLCs). Have you thought about setting up your own business as an LLC though? Rudler has put together details on an LLC and why it may be a good fit for your business. An LLC is a bit of a hybrid entity […]

Whether you are aware of it or not, when your business has applied for a loan, chances are you’ve undergone “adverse media screening.” This widely adopted practice involves scrutinizing prospective borrowers against various media sources to ascertain whether they have been involved in any questionable, unethical, or illegal activities. Well, two can play at that […]

According to multiple reports, over a million Americans currently reside in nursing homes. If your parent is about to move into one, taxes might not be at the forefront of your mind. Although this may be the case, it is crucial to be aware of the tax implications and how you may benefit from them.

In some cases, you may have a piece of land that has increased in value and is now ready to sell. When the land is sold at a profit, you might encounter a significant tax liability. In this scenario, the tax rules generally treat you as a real estate dealer. That means your entire profit […]

Is the term “sales pipeline” a new term for you? Simply defined, it identifies and quantifies the prospective deals in progress at various stages of the sales process. Properly managing your pipeline can help your business avoid losses and meet or even exceed its revenue goals. 6 commonly held stages Many people confuse the sales […]

Catch up contributions are extra retirement contributions for those age 50 and older, intended for making up on those missed investment opportunities during working years. The deal with IRAs Eligible taxpayers can make extra catch-up contributions of up to $1,000 annually to a traditional or Roth IRA. If you’ll be 50 or older as of […]