Gowland, Strealy, Morales & Company, PLLC
Welcome
Services
Newsletter
Calculators
IRS Links
Links
Planning Tools
Track Refund
Contact Us
Certified Public Accountants
Business Owner
Articles
Starting a business
Advantages and disadvantages of self-employment
Choosing an entity for your business
Funding a business
Hiring your first employee
Qualifying for the home office deduction
Record keeping for your own business
Starting or buying a business
Tax planning for the self-employed
Decision Tools
Benefits and retirement plans
401(k) plans
Building a retirement plan for your business
Comparison of types of educational assistance
Individual 401(k) Illustration
FAQs
Employee benefits and other issues
How can I boost the morale of my employees without incurring huge expenses?
How can I find good employees for my business?
What are health reimbursement arrangements?
What are incentive stock options (ISOs)?
What benefits should I offer to my employees?
Incorporating a business
Can I change my business from a C corporation to an S corporation?
Can I change my business from an S corporation to a C corporation?
Should I incorporate my business?
Education Planning
FAQs
Education tax credits
Now that my child is in college, am I entitled to any education tax credits?
What are the Hope credit and the Lifetime Learning credit?
Investment Planning
Articles
Choosing investment vehicles
Annuity basics
Creating an investment portfolio
Investing in bonds
Investing in stocks
Mutual fund basics
Other investments
The best ways to save for college
Understanding mutual fund share classes
Investment basics
Handling market volatility
Investment planning--the basics
Six keys to successful investing
Taxation of investments
Understanding investment terms and concepts
Understanding risk
Investment goals
Asset Allocation
Can I afford to send my child to college?
Common investment goals
Dollar cost averaging
Retirement planning--the basics
Decision Tools
Taxes
Capital gains and dividends tax relief
Jobs and Growth Tax Relief Reconciliation Act of 2003: Highlights
FAQs
Taxes
How did the Jobs and Growth Tax Relief Reconciliation Act of 2003 change capital gains tax rates?
I have investment property. What does basis mean, and how do I determine the basis of my property?
Will I have to pay tax on my investment income?
Special Situations
Articles
Caring for an aging parent
Caring for your aging parents
Do your parents need long-term care insurance?
Facing the possibility of incapacity
Housing options for older individuals
Medicaid and nursing home care
Medicaid and the principal residence
Medicaid planning basics
The sandwich generation: juggling family responsibilities.
Decision Tools
Caring for an aging parent
Housing options for aging parents
Tips for caregivers
Financial basics
Auto loan payment calculator
Credit cards--advantages vs. disadvantages
FAQs
Caring for an aging parent
How can I pay for nursing home care?
How can I tell if a nursing home provides high-quality care?
How do I talk to my elderly parents about their finances?
I paid my mother's real estate taxes last year. Can I deduct this on my tax return?
I'm planning to add an in-law apartment to my home. How will this affect my homeowners insurance?
I'm thinking about placing my mother in a nursing home. Will Medicaid pay for her care?
Is there such a thing as nursing home insurance?
My mother is 90. Is it OK for her to keep driving?
My parents can't manage alone anymore. What should I do?
What types of nursing care does long-term care insurance cover?
Tax Planning
Articles
General tax planning
Am I having enough withheld?
Choosing an income tax filing status
Help! I can't pay my tax bill
Income tax planning and 529 plans
Surviving an audit
Tax benefits of home ownership
Tax planning for income
Tax planning for the self-employed
Taxation of investments
Year-end tax planning
Tax credits and deductions
Education tax credits
Personal deduction planning
Qualifying for the home office deduction
Understanding personal tax credits
Taxes and insurance
Income tax tips: business insurance
Tax planning for annuities
Tax planning tips: auto insurance
Tax planning tips: disability insurance
Tax planning tips: life insurance
Tax tips: health insurance
Tax tips: homeowners insurance
Tax tips: long-term care insurance
FAQs
Tax deductions
Can I deduct home office expenses?
Can I deduct premiums paid for long-term care (LTC) insurance?
Can I deduct the cost of improvements or repairs I've made to my home?
How do I deduct and substantiate my gambling losses?
I paid my mother's real estate taxes last year. Can I deduct this on my tax return?
I refinanced my principal home last year and paid points. What are points, and can I deduct them on my tax return?
If I prepay next year's taxes this year, can I deduct them this year?
If I work at home occasionally, am I entitled to a home office deduction?
Is student loan interest deductible?
My spouse and I are filing separate returns. Can we both itemize our deductions? If so, how do we split the deductions?
My town has assessed against me a real estate betterment for new sewer lines installed in my street. May I deduct this amount on my tax return?
We just bought our first home. What can we deduct from the settlement statement?