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Cofounder Conflict Could Be One of the Biggest Threats to Your New Business
Founders know there are countless risks to their startup, but they may not realize that one of the biggest threats could be infighting among the cofounders.

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Holiday Gifting with a Tax Twist
Some holiday gifts you provide to members of your family, employees, and others may also yield tax benefits. Here are some examples:

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Excess Retirement Plan Contributions Can Be Taxing
Some individuals financially struggle just to be able to make a nominal contribution to their tax-favored retirement plan, whether it be an IRA, 401(k) plan, or some form of self-employment retirement vehicle. Others sometimes over-contribute, whether intentionally or by accident. The following is a rundown of the tax consequences of over-contributing to tax-favored retirement plans.

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Year-End Tips for Charitable Contributions
As the end of the year and the holiday season approach, we will all see an uptick in the number of charitable solicitations arriving in our mailboxes and by email. Since some charities sell their contributor lists to other charities, frequent contributors may find themselves besieged by requests from all sorts of charities with which they are not familiar.

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Take Advantage of the Education Tax Credits
As with everything taxes, the devil is in the details, and that includes the education tax credits, which come in two types with some different rules for each. Many people think the credits are for sending their children to college, which is true, but the credits are also available to you and your spouse (if you are married) as well as to your dependents. So even taxpayers attending school part-time may qualify for a tax credit.

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