NEUHAUS CPAs SEPTEMBER 2024 NEWSLETTER

Neuhaus CPAs

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8 Steps Toward Enhanced Financial Security
Do you have concerns about your financial well-being? You’re not alone. Given today’s high prices, volatile markets and geopolitical risks, you might be wondering what you can do to strengthen your financial position for the future. Here are eight steps to consider.

 

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Making the Most of ADUs
Accessory dwelling units (ADUs) are all the rage in urban areas, such as Los Angeles, Denver, Washington, D.C., San Francisco and Portland. The demand is expected to climb as the population ages and younger would-be homeowners are priced out of traditional houses. Not surprisingly, an ADU can boost a property’s value, depending on certain factors that appraisers consider. This article summarizes the basics of ADUs and reviews valuation basics, while a short sidebar covers the differences between ADUs and two-unit properties.

 

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Rx for Itemizing Medical Expenses
Congress increased the threshold for deducting medical expenses on your personal tax return. Here are more details on these itemized expenses, including a checklist of medical, dental and vision care items to consider when compiling your annual expenses for tax purposes.

 

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Save Time and Money: Pre-Screen Recruits With 5 Questions
A job interview is a stressful undertaking for both parties. Naturally, applicants should be thoroughly prepared. But employers do too! One way to learn about job candidates before the initial interview is to ask them five simple questions over the phone. This article provides those questions. A sidebar points out that applicants should know just as much about you as you know about them.

 

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