Newsletter May 18th, 2022
How Taxes Impact Your Wealth GapImagine you’re standing on the bank of a river. The bank you’re standing on represents your current financial status, and the opposite bank is the amount of wealth you need for retirement. The river itself is the difference between how...
Newsletter April 1, 2022
Ways to Increase Your After-Tax Investment ReturnsTaxes are a drag. A drag on your investment return, that is. Dividends are taxable, interest income is taxable and capital gains are taxable. Your after-tax investment return – what you keep, not make, on your...
Newsletter March 25, 2022
Why Your Tax Refund Could Be Bigger This YearAt a time when many Americans are paying more for everything from gas to ground beef, tax refunds will provide much-needed cash for many families. And this year, those refunds could be particularly generous. Through the...
Newsletter January 13, 2022
Earn Side Income? Know This New Tax RuleA new rule by the Internal Revenue Service (IRS) changes the way third party network transactions are reported on Form 1099-K for self-employment income earned in 2022 and beyond. Form 1099-K is used to report...
Newsletter December 31, 2021
Overlooked Tax Deductions for the Self-EmployedThanks to the pandemic and the "Great Resignation," more people are leaving their traditional jobs and venturing out on their own. Self-employment can lead to more money, flexibility, control, or personal satisfaction,...
Newsletter: December 27th, 2021
Make Charity Gifts In A Tax-Smart WayA new law governing retirement plans, called the SECURE Act (Setting Every Community Up for Retirement Enhancement), went into effect last year. But there are still a lot of questions people have about the shifts. For help …Forbes...
Newsletter December 2, 2021
Tax Strategies for a Bonus or WindfallYes, it's inevitable: That cash bonus for a job well done can result in you paying a more significant chunk of money to the Internal Revenue Service (IRS). To start, the IRS considers bonuses to be supplemental wages,...
Newsletter November 30th, 2021
Beware of the Tax Traps in RetirementMore people are going to retire in the next 15 years than have ever retired in the history of our country. By 2030, the Census Bureau projects we’ll reach the first time that the United States will have more 65-and-older...
Newsletter November 27th 2021
The Best Ways to Lower Taxable IncomeHow to lower taxes is one of the most common financial planning concerns among individuals and business owners. The increased standard deductions under the Tax Cuts and Jobs Act (TCJA) provided tax savings for many (even...
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