What Are the Pros/Cons of a Side Hustle?
Depending on how much time and energy you put into a side hustle, you could earn a significant supplemental income. We explain the pros and cons in this Question of the Week.
Donor Advised Funds Provide Tax Benefits
If you would like to make a substantial tax-deductible charitable donation this year, but have the ability to spread the actual distribution of funds to specific charities over a number of years, a donor-advised fund (DAF) may fill that need. We explain in this week’s Tax Tip.
Worried You Don’t Have Enough Saved for Retirement? You’re Not Alone
A recent survey revealed that 42% of Americans have less than $10,000 saved for retirement. If you’re worried about not saving enough, read this week’s Financial Tip.
Tax Impact of Combining a Vacation with a Foreign Business Trip for a Self-Employed Individual
Determining the tax deduction for a foreign business trip of a self-employed individual that is combined with a vacation can be complicated. We offer pointers in this week’s Business Tip.
Will my roommate’s renters policy cover my possessions?
You’re covered on your roommate’s Amazon Prime account. Are your belongings covered under their renters insurance policy? Find out in this Question of the Week.
Dollar Cost Averaging
If you haven’t started investing towards a long-term goal because you’re worried about short-term market volatility, consider using this popular investment strategy. Read all about dollar cost averaging in this week’s Financial Tip.
How to Organize Spending Priorities for Your Newer Growth Startup
According to a recent study conducted by U.S. Bank, more than 80% of all newly formed businesses that ultimately fail do so due to cash flow problems. If you needed a reason to believe that getting your spending in order and dedicating the time to drafting a proper budget for your new startup is important,…
Have you checked your tax withholding lately?
If you were unpleasantly surprised by the amount of tax you owed or the amount of your tax refund when you filed your 2018 tax return, it may be time to check your withholding. It may also be time if there are changes in your life or financial situation that affect your tax liability. For…
Planning for the Transition to a Single Income Household
Going from two stable income streams to one can prove challenging, but it is a necessary step if you, or your spouse, want to stay home with your kids, go back to school or even start your own business. To avoid ending up in a pinch when the big day comes, planning for the transition…
Key Estate Planning Documents
We believe estate planning is a key component of a comprehensive financial plan. In today’s Financial Tip we walk you through key estate planning documents you should have in place.