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HHL Group, Inc. Newsletter for November 24, 2015

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  The Price Advisor

The year will end before you know it, so this is a good time to turn your attention to preparing for next year. This video takes a look at the financial chores you may need to accomplish to start 2016 in a strong position. The sidebar article takes the same approach to your personal finances. Have a look.


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  Timely Opportunities

It may not be “green” to buy a gas-guzzling SUV, pickup or van, but doing so could save you some greenbacks next spring. The tax code provides favorable accelerated depreciation rates for these vehicles, which can also be useful if your business needs to haul people, materials, inventory or equipment around. Here’s more on this tax-saving opportunity for small businesses.
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  Personal Finance

Unless you understand taxes and take certain steps, a large portion of your retirement savings could be taken in federal and state taxes. So it makes sense to plan out tax-saving strategies ahead of retirement. Click “Full Article” for illustrations of how tax-free, tax-deferred and taxable accounts can affect your end results.
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  Tax Planning

Paying taxes is a part of life, but nobody wants to pay more than necessary. Americans are entitled to take all deductions they are eligible for, yet they often fail to do so. Some people simply are not aware of all the tax breaks they are entitle to. This article describes the tax deductions that are most often overlooked.
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  Insurance

Having a teen driver in your household can be scary for a lot of reasons. Purchasing adequate insurance is not only required by law, but can also give parents peace of mind. However, that insurance does not come cheap. Here are some ways you can save money on your teenage driver’s insurance coverage. 

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  Latest Headlines
Campbell Soup raises profit forecast as cost cuts boost margins
Reuters.com – Tue, 24 Nov 2015 15:57:56 GMT

Indexes drop as global security worries intensify
Reuters.com – Tue, 24 Nov 2015 15:50:15 GMT

Cabin crew union says talking to Lufthansa, trying to avoid strikes
Reuters.com – Tue, 24 Nov 2015 15:43:25 GMT

Inventories boost U.S. third-quarter GDP
Reuters.com – Tue, 24 Nov 2015 14:28:19 GMT

Dollar Tree sales beat estimates on Family Dollar acquisition
Reuters.com – Tue, 24 Nov 2015 14:19:57 GMT

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  Disclaimer of Liability
Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose. 

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