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Haven’t checked your credit score lately?
Here’s why you should.

If you haven’t checked your credit report lately, this may be the time. Wrong or old information on your report can affect your credit score – and not in a good way. Your credit score helps lenders determine your credit-worthiness and can impact the interest rate you pay on loans, or even whether you can […]

The Problem with “The 5-Year Exit Plan”

Most business owners who are asked about their exit plans will reply that they want to exit their business ‘in about 5 years’. Often times, 5 years later, the same owner will give the same answer to the same question. In reality, the 5-year window is a subconscious resistance to beginning the process of planning […]

Preparing to Adopt?

Preparing to Adopt? You may qualify for a special break on your income tax return. If you are preparing to adopt a child, you know your life will change for the better. And, you may have also experienced the financial commitment adoption requires. However, take note, because as an adoptive parent, you may qualify for […]

thinking of selling your home?

Thinking of selling your home? 10 Ways to improve your power of curb appeal If you want to improve your home’s market value, curb appeal matters. The condition of your front yard, entry area, driveway, and sidewalks will color the impression of everything else a potential buyer sees during a visit. Homes with great curb […]

Single? Don’t overlook financial planning.

Whether you are a lifelong single person or you found yourself single through divorce or the death of your spouse, you have your own financial considerations and complications. Unfortunately, many single people overlook financial planning. Don’t make this costly mistake. Financial and estate planning help you protect your earnings and your property. For single people […]

FOR IMMEDIATE RELEASE – REYNOLDS & ROWELLA, LLP

Jessica Smith, CPA from Reynolds & Rowella, LLP Selected as one of only 38 to AICPA’s 2017 Leadership Academy AICPA Leadership Academy to be held in October in Durham, N.C. Ridgefield, CT (July 19, 2017) Jessica Smith, CPA was one of only 38 CPAs honored by the American Institute of CPAs (AICPA) as a member […]

Disability insurance

Disability insurance can be an important part of your financial plan – here is what you need to know. Say “insurance” to most people and auto, health, home, and life are the variants that spring to mind. But what if an illness or accident were to deprive you of your income? Even a temporary setback […]

Considering paying for your child’s college education?

Here are some tips to help you decide what to do. Should you pay for your child’s college education? Or should your child find the financing? There are compelling arguments for both sides, but ultimately, your family needs to do what’s best for your financial situation. Most families find that a combination of both works […]

How to Build Your Business Credit

Steps to get started so your company will have the funds it needs. Whether your firm has been operating for years, or you decided over last night’s coffee to start a new venture, you’re sure to face the need for business credit. Entrepreneurs often ask friends and family to invest in their start-up businesses, and […]

Your Taxes Are Filed….but

Your Taxes Are Filed, But You Still Have Questions? Here are answers to the 4 most common questions you may have. Many taxpayers have questions after they file their tax returns. The IRS provides answers to many of them. These are a few of the most common. How can I check the status of my […]

Are you an Executor?

If your an Executor here are some tips that will help you understand your tax responsibilities. Your role as an executor or personal administrator of an estate involves a number of responsibilities. Did you know that part of your responsibility involves making sure the necessary tax returns are filed? And there might be more of […]

Beware of over-funding your 401K when changing jobs.

Every tax season, I have one or two clients who changed jobs during the year and have over-funded their 401K. It is very important when starting a new job to let your new employer know how much you have already contributed to your 401K at your old employer. If you are under 50, for 2017, […]

Tax Audits

Tax Audits: Learn what auditors will look for when trying to prove your deductions so you are prepared. Tax audits still remain relatively rare, but should you face one, be prepared for questions. Tax authorities tend to deny everything and then make you prove that your deductions are valid. Here are some suggestions. To prove […]

Taxable or not taxable?

Taxable or not taxable? The taxability of income, gifts, or services you receive might surprise you. Have you ever wondered about the taxability of funds or services you receive? There are many areas in the tax code that cause confusion regarding what’s taxable. These are some of the most common.Alimony. Alimony is taxable to the […]

your investments in terms of taxable, tax-deferred, and tax-free

You might not be used to thinking of your investments in terms of taxable, tax-deferred, and tax-free. Learn why you might want to.. Diversifying your investments involves spreading your risks by investing in a variety of asset classes such as stocks, bonds, commodities, and real estate. But with a changing tax landscape, you might consider […]

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