Dabbs, Hickman, Hill & Cannon, LLP logo

Dabbs, Hickman, Hill & Cannon, LLP

 

319 South Main Street, PO Box 727

Statesboro, GA 30459

Phone: 912-764-6951

 

325 Tattnall Street

Savannah, GA 31401

Phone: 912-233-9004

April 2024

Should You Lease or Buy

Leasing equipment can be a great option for newer businesses short on cash, while buying may be better in the long run when possible. But the decision isn’t that cut and dried. You need to consider numerous other factors.

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A Benefit Plan From B to Z

The Baby Boomers, Generation X, millennials, and Generation Z, who make up most employers’ workforce, have different situations and benefit needs. That’s why increasing numbers of employers are looking beyond a one-size-fits-all plan to multi-generational benefit plans.

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What You Need To Know About IRA Rollovers

Are you thinking of an IRA rollover? Getting these three rules right is critical if you want to avoid a big tax bill.

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Too Young To Need Life Insurance?

What’s your excuse for not having life insurance? For many younger people, it’s cost. About a third of Gen Z and 39% of millennials think they can’t afford life insurance — with many overestimating that $250,000 of term life insurance for a 30-year-old would cost $1,000 or more a year.*

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Is Alimony Taxable?

For federal income tax, the answer is “Yes” and “No,” depending on your divorce agreement date or last modification.

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April 2024 Client Profile

Jack retired early and began receiving Social Security benefits. Now he misses working. Can he stop his benefits and start them again in a few years?

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Claiming Deductions For Volunteer Work

Volunteering helps others and gives you a feeling of satisfaction. And it may also give you a tax deduction. To qualify for a deduction, your expenses must directly relate to the charity where you volunteer. Additionally, you must not have been reimbursed for those volunteering expenses and must itemize deductions.

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April 2024 Q&A

Let's discuss some options if you are a recipient of a financial windfall.

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Considering Unretiring?

1 in 6 retirees are considering a return to work and more than half of them want remote positions, according to a 2023 Paychex survey. Financial reasons were a major factor in the majority of responses.

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