Nine Ways to Start a Business Budget to Spur and Guide Growth
Business owners: Read nine key ways to create an effective budget that can spur and guide the growth of your company in this week’s Business Tip.
What Is Critical Illness Insurance?
Medical advances increase the chances that you will survive a serious illness that in the past may have killed you. But what are your chances of surviving financially, as well? Learn more in this week’s Insurance Tip.
New Tax Law Cracks Down on Home Mortgage Interest
With the Tax Cuts and Jobs Act, Congress has yanked the rug out from under those with equity debt on their homes. (It’s no longer deductible!) We explain in this week’s Tax Tip.
Alternative Minimum Tax – Back To Targeting the Very Rich
If you are subject to AMT, you may see your AMT calculations more closely resemble your standard tax liability calculations because of the changes to how your standard tax liability is calculated and the higher exemptions for AMT. Read the Article on Sean Hannity’s website This article is for demonstrative and academic purposes and is…
College Saving: How Does a 529 Plan Compare to a Roth IRA?
Roth IRAs and 529 plans have a similar tax modus operandi: both are funded with after-tax dollars and contributions accumulate tax deferred. But should you use a Roth IRA to save money for college? We explain in this week’s Financial Tip.
Buying a Replicable Business? Beware of the Risks!
Are you considering buying a business? Make sure you do your due diligence by looking at the value of the intangible assets. Learn more in this Business Tip.
Casualty Losses: Disasters Can Strike Regardless of Income or Wealth
In today’s Marietta Daily Journal, Bil Lako, CFP®, explains that personal casualty losses are no longer deductible unless it is the result of a presidentially declared disaster for tax years beginning in 2018. Read the Article
Don’t Wait to Ask Aging Parents These Important Questions
The best time to plan for your parents’ aging is when they are relatively healthy; otherwise, you may find yourself making critical decisions on their behalf during a crisis. We explain in this week’s Estate Planning Tip.
Medical Deductions & The New Tax Law
Those with substantial medical bills will be delighted to learn that medical deductions were retained in the Tax Cuts and Jobs Act, and the AGI floor was lowered to 7.5% for 2017 and 2018. We explain in this week’s Tax Tip.
The Market Correction is the Time to Buy
Bil Lako, CFP®, Sean Hannity’s financial expert, explains why a pullback in the stock market is a good opportunity for investors. Read the Article