TFG Related Entities / Fuoco Group

Happy St. Patrick's Day from all of us at TFG Related Entities & Fuoco Group. It's not luck that fills your "pot o' gold," it's a sound strategy, working with a skilled CPA and financial advisor that does. View our website here: https://www.fuoco.cpa

Are you leaving money on the table? Self-employed folks have expenses they incur yearly in order to do business, so it is important for them to review what can be deducted each year to make their business as profitable as possible. Expenses like a home office, car, health insurance, and even startup costs can get you a big tax break. Here is a short list of expenses eligible for tax deductions which can minimize tax liability for self-employed individuals: https://lnkd.in/e8GMyTDV

The Palm Beach Chamber of Commerce's Women’s Leadership Council, led by TFG's Susan Kaplan, celebrated its first luncheon of 2025 with a sold-out event. Over 80 women leaders gathered for an inspiring discussion with featured guest, well known author and prior White House aide, Anita McBride. This was a perfect kick off to Women's History Month. Thank you to Florida Weekly - Palm Beach for sharing the mission of the Women's Leadership Council, the full article can be read here: https://lnkd.in/ej32Hc-F

If you or someone in your family had healthcare issues in 2024 and incurred significant medical expenses, there may be some relief for you! A deduction exists for medical expenses, and taxpayers often forget to take advantage of it. Although you will need to itemize on Schedule A, medical expenses exceeding 7.5% of your AGI (adjusted gross income) are deductible. Click here to read the full article: https://lnkd.in/egWQV579

On this International Women’s Day we would like to salute our female accountants and CPAs, as well as our amazing clients who are female business owners, and all of our female staff, friends, partners and supporters, who work hard to make this community a better place to live for everyone!

#TaxSeason Special Edition: Often Forgotten Tax Deductions, Eligible Medical Expenses if You Itemize, Tax Planning for Small Businesses, Tax Tips to Help Self-Employed Individuals Save. Read the full issue here: https://conta.cc/4gzRCl3

Don't forget it's #TaxTime and #DaylightSavingsTime!

Did your Sixties sneak up on you? No matter where you are in your financial journey, there are ways to turbo charge your investment strategy to provide for your retirement years. Whether you completely retire to pursue your passions and spend time with Grandkids, or continue to work on a full or part time basis to continue contributing to your nest egg and fund your pastimes and pursuits, you should have a retirement plan in place. We have suggestions for you here: https://lnkd.in/eWq3pX9j

Whether male or female, folks in their 40s and 50s are likely well-established in their careers, with college bound children on the horizon, and maybe a vacation home in their sights. Retirement planning starts to take on some urgency during this period, and long-term goals should be revisited for relevancy. To avoid a mid-life financial crisis, here are a few suggestions to help navigate financial waters: https://lnkd.in/eQqcef9v

FinCEN beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act are back in effect, with a new deadline of March 21, 2025 for most companies. Penalties for non-compliance by the deadline are now $606 per day. TFG Concierge is here to help! Contact Grace Tallman at GTALLMAN@TFGCCS.COM. You can read the full statement HERE: https://lnkd.in/gUTje2Hh