Life Insurance at Various Life Stages
Just as your wealth goes through transitions throughout your life, so does the need for life insurance. It’s important to coordinate your insurance coverage with your current needs.
Merging Your Money When You Marry
When two become one, you need to communicate clearly because the financial decisions that you make now can have a lasting impact on your future.
Writing Off Your Business Start-Up Expenses
New business owners, especially those operating small businesses, may be helped by a tax provision allowing them to deduct up to $5,000 of the start-up expenses and $5,000 of organizational costs in the first year of the business’s operation.
Medicare and Medicaid: What’s the Difference?
Medicare and Medicaid were signed into law in 1965 to help provide health care to older individuals and those with financial need. Do you know the difference? We explain!
Take Advantage of Tax-Free Gifting
If you are fortunate to have a large estate, you can make gifts without reducing your lifetime exclusion, including an annual gift exclusion and paying for medical or educational expense directly to the provider.
Filing as Married Separate? Better Read This.
While most married couples choose to file a joint return, there are reasons a couple may choose to file separately. However, Congress carefully writes the tax laws to eliminate tax breaks for those filing MFS and can make filing very complicated.
Mid-Year Tax Planning Checklist
All too often, taxpayers wait until after the close of the tax year to worry about their taxes and miss opportunities that could reduce their tax liability or financially assist them. In this Tax Strategist article, we list events that can affect your tax return. Taking steps now to mitigate their impact, may help you avoid unpleasant surprises next year.
Tax Breaks for Grandparents
As a grandparent, if you have custody of your grandchild, you may be eligible for tax breaks.
Should You Self-Insure Your Business?
As a business owner, you need to manage the cost of your insurance by striking a balance between self-insurance and transferring the risk to an insurance company. We explore your options.
Is Now The Time To Buy Gold?
With what appears to be endless fiscal stimulus and rising volatility in the stock market, many investors are asking themselves if they should be investing in gold. The precious metal is often seen as a safe-haven from economic downturns; however, the basis for that argument is merely because it is a widely held belief. Like cash without the erosion of inflation, gold ownership is thought to be a way to store economic value.