Safety in College

Written by Stevens Group October 5, 2017

When kids hit college, they’ll reach an entirely new level of independence. With unstructured time and the freedom to make their own day-to-day decisions, they’ll still need support from you. Here are some campus life issues to discuss.   Keep possessions safe. College campuses and especially dormitories bring thousands of young people into one small area. That’s why it’s important to urge your student to keep their door locked whenever they leave the room for any length of time. It only takes seconds for an … Read more »

And Baby Makes Three

Written by Stevens Group October 3, 2017

Starting a family can be one of life's most fulfilling experiences. It can also be among the most expensive.   According to statistics compiled by the U.S. Department of Agriculture, families in the United States could spend well above $200,000 for food, shelter and other necessities to raise a child through age 17--and that doesn’t include college!   As you consider your growing family's financial needs, take a look at some key areas to address before and after your new child comes home. This handy … Read more »

Recordkeeping for Tax Purposes: Which records should you keep?

Written by Stevens Group

You should keep information that you and the IRS need to determine your correct tax. Everyone should keep the following records:   Copies of your tax returns as part of your tax records. Your tax returns can help you prepare future returns and amended returns. Copies of your tax returns and other records can be helpful to your survivors or the executor or administrator of your estate.   Proof of income and expenses. Listed below are examples of income and expense documents you should keep. … Read more »

Your Financial Life: A Month-by-Month Guide

Written by Stevens Group September 12, 2017

Every year, millions of Americans resolve to get their financial house in order. Then, as the year slips away, so do their good intentions. Sound familiar? If so, don’t give up. Maybe you just need a different approach.   This month-by-month financial checklist focuses on specific financial tasks. If you manage to accomplish just a few of them, you should be in better shape financially and have more control a year from now.   The Winter Months   January--Reviewing and updating your budget at … Read more »

Vehicle Business Deductions

Written by Stevens Group

Vehicles—Business Use Under certain circumstances a taxpayer can claim a deduction for using their vehicle for business purposes. If you use your car for business purposes, you ordinarily can deduct car expenses using either the standard mileage rate or actual expenses.   Use of a vehicle qualifies as business use under all of the following. Getting from one workplace to another in the course of a taxpayer’s business or profession when the taxpayer is traveling within the city or general area that is the … Read more »

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