Blogs

Do You Have to Pay Taxes on the Sale of Your Home?

grant-mcnuttThe answer to the question is, more than likely you will qualify to exclude from your income all or part of any gain from the sale of your home. Consider the below items when selling a home:

Planning a Budget for the Coming Year

The school season will be back in just a few weeks, and even though here in Alabama it still feels like Summer, the Fall season is fast approaching.  It may seem strange to think of home finances at this time of the year, but this season actually provides several benefits when it comes to personal financial planning.  I this blog post, I’d like to talk about

Maker of Sweethearts Candy Abruptly Shuts Its Doors

Attorney Mary Conner PoolValentine’s Day might look a little different next year.  The plant that manufacturers Sweethearts candy closed suddenly last week.  Round Hill Investments, LLC abruptly shut down the New England Confectionery Company, or Necco, plant in Revere, Massachusetts.  Necco has been the oldest continuously operating candy company in the United States.  In addition to the beloved Sweethearts candy, the company also makes Mary Jane and Squirrel Nut Zi

25 Years of Reflections

Gail DonaldsonOn August 9, 1993, I started working fresh out of college with Bond & Botes Law Offices as the receptionist. I was 22 years old and thought I knew a lot. Little did I know how much I would have to learn. My 22-year old self was eager to learn, unsure about a lot of life’s mysteries, but still trusting of people.

Many Millennials Regret Buying A Home

Attorney Ed WoodsA recent CNBC article reports that a large percentage of millennials regret buying their home. Currently, about 40% of millennials (ages 21-34) are home owners according to a recent Bank of the West survey. Yet, 68% of them feel buyer’s remorse. This figure is about double the rate of Baby Boomers in the same circumstance.

Newest Student Loan Scams

heather-ellis-banksStudent loan debt far outweighs credit card and auto loan debt for most Americans.  Because student loans have become such a burden to many people, scammers have found a way to prey on these overwhelmed fears of student loan debt.

What Are Estimated Tax Payments, Who Needs to Make Them and When Are They Due?

Attorney Grant McNuttTaxes must be paid as you earn or receive income during the year. Chances are if you receive a regular paycheck (either weekly, bi-weekly, semi-monthly or monthly) from an employer, your taxes are being withheld from that check. You need to make sure the amount being deducted is correct so you don’t owe taxes at the end of the year.