FMK Business Performance Partners, CPAs

Teachers: Some out-of-pocket expenses to protect your classroom from COVID-19 may qualify for the educator expense deduction. See the details: go.usa.gov/xASEg

Your accountant doesn’t have to be physically present for your business to benefit from their expertise. Modern technology makes virtual accounting an excellent alternative. https://financialhotspot.com//what-you-should-know-about-/

When to claim Social Security is a big question, but it is not the only one you will need to answer to get the most out of your benefits. https://www.kiplinger.com//to-maximize-your-social-securit

Untangling family finances during divorce can take some digging. Your spouse may have assets that aren’t top of mind (restricted stock or Bitcoin, anyone?), and they might be tough to value or split up. https://www.kiplinger.com//4-hidden-assets-youll-need-to-a

A new credit card can be exciting to have but can easily be misused if you don’t take precautions. It’s a good idea to research before picking your credit card. https://financialhotspot.com//what-you-should-know-before/

The Rule of 72 is a simple way to calculate how long it will take an investment to double, based on the annualized rate of return. https://www.thebalance.com/what-is-the-rule-of-72-how-can-i

Being prepared financially before and after a divorce is very crucial to rebuilding your new life. To avoid any rash decisions, consider seeking professional advice pertaining to your state. https://www.tiaa.org//how-to-prepare-financially-before-an

Survey's showed that during quaratine, American's budget allocated more on groceries and cleaning supplies. https://www.thebalance.com/survey-food-is-the-no-1-pandemic

Ready to start your 401(K) rollover? Follow these steps to make sure your money finds the right home. https://www.nerdwallet.com//invest/401k-rollover-ira-guide

New to investing? Read this article to know the difference between realized and unrealized capital gains. https://investor.vanguard.com//taxes/realized-capital-gains

A friendly reminder to pay your taxes on time!

In this day and age, virtual accounting is becoming more commonplace. Learn more on how virtual accounting can help you today. https://financialhotspot.com//what-you-should-know-about-/