Legacy Financial & Investment Services, LLC
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Welcome to Legacy Financial & Investment Services, LLC
Legacy Financial & Investment Services, LLC endeavors to provide our clients with the very best professional services possible. This website was designed to enhance those services by providing online answers to many of your everyday financial dealings and frequently asked questions. Our Services LockBox Smart Decisions Client Newsletters Client Brochures, Tax Planning Guides and much more...
Is Your Hobby a For-Profit Endeavor?The tax treatment for a hobby is substantially different than it is for a business, which sometimes makes it difficult to distinguish one from the other. The IRS provides appropriate guidelines when determining whether an activity is engaged in for profit, such as a business or investment activity, or is engaged in as a hobby. (Read More)
How to Improve Your Credit ScoreThere are myriad important numbers in your financial world, but few as critical as your credit score. This FICO number, ranging from 0-850, can affect your ability to buy a house or car, get a credit card or other loan, or even get a job sometimes. (Read More)
Keeping Good Tax RecordsWould you be ready in a tax emergency? Well–organized records not only help you prepare your tax return, but they also help you answer questions if your return is selected for examination or prepare a response if you are billed for additional taxes. (Read More)
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