Age Discrimination in the Workplace

Age Discrimination in the Workplace

In California, employers may not use an employee’s or a job applicant’s age as a basis for employment decisions, such as hiring or firing. An individual must be 40 years old or older to be protected by age discrimination laws. California’s age discrimination laws do...
Tax Strategies for Homeowners

Tax Strategies for Homeowners

Be aware that tax consequences are  associated with home ownership. Home purchase When purchasing a home, you may pay a portion of the mortgage interest in advance. This loan origination fee, or “points,” is a percentage of the total amount borrowed. If points are...
Tax Time: Ins and Outs of Interest Expenses

Tax Time: Ins and Outs of Interest Expenses

Can you deduct interest expenses on your 2016 tax return? It depends. Generally, the tax law requires you to allocate interest payments under a complex set of rules. The tax results vary, based on whether the expense is characterized as mortgage interest, investment...
Emergency Savings-How Much is Right For You?

Emergency Savings-How Much is Right For You?

Figuring out how much to set aside in a rainy day fund isn’t a one-size-fits-all proposition, though the rule of thumb of three to six months of living expenses is a reasonable guideline—and one that is widely disregarded. According to surveys, two-thirds of...
What Filing Status is Right For You?

What Filing Status is Right For You?

Your federal income tax filing status can affect exemptions, reportable income, deductions, credits, tax rates, liability, the type of form you file, and whether you need to file at all. In addition, some states require that you use the status reported on your federal...