Blog
Randall Hancock’s Five Principles For Spending That Actually Produces Satisfaction
Me and Debra are still basking in the World Champion US Women's Soccer Team over here at our office. Pretty amazing to see so much excellence, and on behalf of our country. Here's to hoping for continued unification within our culture in the aftermath.There's lots of...
Three FAFSA Tips to Help Birmingham Taxpayers Get Their High School Grads Ready for College
Independence Day is this week. Bombs. Patriotism. Picnics. Barbecue. All those things.I often write about "financial independence" this time of year (yes, I like the puns) ... and when I do, invariably I get contacted by a few clients (or former clients), who...
Four Ways the IRS Reform Bill Helps Birmingham Taxpayers Like You (and Me)
Believe it or not, 2019 is almost halfway over (!). We're through the summer solstice, the days get shorter from here on out, and we're taking a little bit of time for family as we turn our eyes more directly at 2020. But not before taking some needed time off. Debra...
Tax-Smart Ways to Run a Savvy Birmingham Side Hustle
I'm so old, I still remember the days when "hashtags" were only about a particular button on your phone.Yep, the world has shifted massively underfoot. You know it; we all know it.And one of the developments we've all seen is the proliferation of news feed gurus,...
Key Tips For Birmingham Newlyweds On Marriage and Taxes
Do you know what the number one month is for weddings? Check today's date and there it is: June.With that fact in mind, I'm not sure where you currently fall on the wedding spectrum...Are many of your friends getting married? Are your friends' kids getting married?...
Randall M. Hancock CPA, PC Sheds Light on Some of the Highest State Sales Tax Rates
No, the IRS is not shutting down their operations -- there is still (and probably ever will be) a federal income tax.But states are a different story...This being travel season, and the season during which some of our clients turn their eyes towards making a move, I...
New Ideas For Birmingham Students To Pay For College
I recently wrote about the cost of raising children, but there was one glaring omission: college.But imagine if you had sent your son to Morehouse College. Here's what happened there this month...On Sunday, May 19th, investor and philanthropist, Robert F. Smith,...
Making Children Less Costly For Birmingham Families With Kids Through The Child Tax Credit
To be clear, children are costly in the best way possible.Once the dust settles from changing diapers, sweeping floors, slapping bandaids on booboos, driving to sports practice, attending back-to-school meetings, saving for college, and buying countless goldfish...
Randall Hancock’s Three Building Blocks To Healthy Personal Finances
It's understandable if things might feel a little bit ... shaky right now for you. If you pay attention to the media, you are seeing trade wars with China, uncertain stock markets, apocalyptic elections rumbling in the future, even the Apple juggernaut is seeing its...
College Is Expensive But Birmingham Families Can Save Big Through These Tax Breaks
What, you think I'm on vacation?Yes, the tax deadline has passed. But we're still available, and handling post-deadline matters for Birmingham clients. But moving along to today's subject: figuring out how to pay for college tuition. Things are different from the...
Where Do Our Tax Dollars Go? Randall Hancock Breaks It Down
Before I get to your tax dollars, and where they went, I have a couple thoughts for you.We're still settling down from the flurry of last week and the passing of the April 15th deadline. There were MANY more procrastinators this year than in years past, in my opinion...
A Thank You To Our Birmingham Clients For A Successful 2019 Tax Season
This has been one of the wildest tax seasons in recent memory. I saw a note from the IRS last Friday (the 12th) that as of that day, 50 million taxpayers had yet to file. LOTS of extensions happened out there, as all of the tax law changes caused a bunch of...