Here's What You Can Save On:

• School supplies that cost less than $50
• Clothing, shoes and accessories that cost less than $100
• Learning aids and puzzles that cost less than $30
• Computers that cost less than $1,500
• ALSO: Hurricane supplies, outdoor goods, diapers, children's clothing and books

Considering Selling Your Home (or, have you already sold it)?

Are you a homeowner looking to take advantage of the equity built up in your home? In today’s market, this is becoming a trend. Now that you have the funds, do you buy another home? Do you invest the funds? Do you have to pay taxes on the capital gains? 

I am asked these questions almost daily. When you sell your home, the IRS has specific rules that apply. Their definition of "homestead" is slightly different than what counties use, and this can lead to some confusion when selling property in either case! Of course, there will always be an exception or two...  

I urge you to turn to your team at Kristina Helferty, CPA, to ensure you are guided correctly to minimize your tax impact. For more information, go to IRS.gov and search "Publication 523, Selling Your Home."

August Birthdays

Happy, happy birthday, everyone!

Trent Beck

Erik Boland

Doreen Caudell

Chris Colon

Brandon Crane

Vera Hatch

Kyle Hunter

Nicholas Jeffries

Laurie Kemp

Christy Lai

Lindsey Lanier

Bob Larrivee

Daina Lecuona

Jerry Lewis

Brandon Livingston

Angelika Lopez

Perry Mallet

Linda McElhaney

Danielle McLean

Gary Morris

Anthony Nakonechnyj

Kathy Nalepa

Randall Nalepa

Lance Olson

Victoria Roush

Christie Ruggiero

Kerry Rydman

Josh Sabet

Sheila Wells

HelfertyCPA.com