CAN A BUSINESS GROW TOO FAST?

Most businesses hope to grow. They consider themselves successful if growth is taking place, and the faster the growth the better. Can too much business growth be bad for a company?

ARE YOU ABLE TO BENEFIT FROM AN ABLE ACCOUNT?

The "tax extenders" legislation that became law in December included the "Achieving a Better Life Experience Act" (also called the ABLE Act). This law provides for tax-exempt accounts that can help you or a family member with disabilities pay for qualified expenses related to the disability.

CHECK YOUR FINANCIAL STATUS WITH AN ANNUAL BALANCE SHEET

Get in the habit of preparing an annual balance sheet. Your net worth is simply the difference between your assets and debts. Comparing your balance sheet from year to year will show you how and if your financial world is improving. Be sure to involve your spouse in gathering the information for the balance sheet.

 

TIME IS RUNNING OUT TO CLAIM REFUNDS

The IRS reminds taxpayers that tax refunds for the year 2011 remain unclaimed by a million taxpayers who failed to file a return for that year. The tax law provides a three-year period for claiming a refund when no return is filed. That means these individuals must file a tax return for 2011 no later than Wednesday, April 15, 2015, or their refunds will be lost.