Fear of getting audited is real blog by Grandview Asset Management

Fear of Getting Audited

We know the fear of getting audited is real. The word "audit" alone is enough to strike fear into tax payers. Being audited doesn't necessarily mean you did anything wrong, or that the IRS suspects wrong doing. Here are some sound tax practices that may reduce the chance of an audit.

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Bitcoin 101 by Grandview Asset Management

Bitcoin 101

Bitcoins can be purchased on a bitcoin currency exchange and transferred to a digital bitcoin wallet. It should be noted that bitcoins have been subject to sharp and rapid changes in value, rendering their value highly unpredictable at any given time. Its commitment to a limited production is fundamental to its objective of retaining value, unlike other national currencies, which may be devalued by printing excess supply to meet economic and political ends.

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Socially Responsible Investing by Grandview Asset Management

Investing with your Heart

Quite a few individuals believe that return on investment shouldn’t be the only criterion for how they invest their money. For them, the social impact of investing is just as important, if not even more important. The history of socially responsible investing stretches at least as far back as the mid-18th century, but its more modern form began taking shape in the 1960s, amidst the fight for civil rights and the emerging anti-Vietnam protests.

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Earned Income Tax and Social Security Benefits

Earned Income Tax and Social Security Benefits

Earned income is the money you earn from working. It includes wages, salaries, tips and net earnings from self-employment income. It also includes union strike benefits and some types of long-term disability benefits. With some types of deferred compensation plans, the payments are also considered a form of earned income. In comparison, unearned income includes things like annuity payments, pension income, distributions from retirement accounts, capital gains, interest income, dividends, passive income generated from rental real estate, alimony, stock dividends and bond interest.

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Grandview Asset Management Retirement Portfolio

Retirement Income and the Traditional Portfolio

Taking withdrawals from a traditional portfolio exposes fixed-income investors to “sequence of returns” danger. In other words, experiencing negative returns early in retirement can deplete your portfolio more quickly than you planned and potentially undermine the sustainability of your assets. So you may want to consider a couple of strategies to help mitigate this concern.

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Money-wasting Food Myths

Money-wasting Food Myths

The road to better health may sometimes involve an extra expense here and there, but you should be careful about wasting money on diet ideas with promises that are more based on myth than fact. Identified below are four diet strategies that may be ineffective and financially expensive!

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