4 Tax Tips Every Retiree Can Use Throughout 2021
Your retirement savings need to provide retirement income that will last for the rest of your life. Avoid paying more taxes by keeping these 4 tax tips in mind throughout the year.
Inauguration Day Is Coming: What Financial Challenges Could High Earners Face During the Biden Administration?
After a tumultuous 2020 election season, inauguration day is almost here. If you are a high-earner, here are 6 challenges that could arise during a Biden administration.
Capital Gains & Your Taxes: A Brief (But Important!) Guide
Capital gains taxes apply to more than stocks. And the amount you pay will depend on a variety of factors. Here's how capital gains taxes work and a few methods you can use for reducing them.
The 15 Worst States for Retirement Taxes
Before you start making plans to relocate in retirement, it is important to consider state taxes of any state on your list. Here are the 15 worst states when it comes to taxing retirees.
Are you an MD? 5 Important Things to Factor Into Your Financial Plan
Student loan debt for medical students in the US at graduation is $192,000, which is 5x more the $37,172.2 of average students. If you are an MD, then these 5 things should factor most when creating your financial plan.
Donating to Your Favorite Charity This Holiday Season? Keep This CARES Act Tax Benefit in Mind
The CARES Act was passed nearly eight months ago, but there's one benefit you may have overlooked. As you give to your favorite organizations this holiday season, keep this important change in mind.
What Is the Difference Between a Tax Credit and Tax Deduction?
When tax planning, it is important to understand the fundamental difference between tax credits and tax deductions.
What Could Election Results Mean For Your Future Estate Taxes?
The winner of the 2020 U.S. Presidential election could have a profound impact on your estate and gift tax obligations moving forward. As the election day results are now just days away, here's what you need to know.
The Social Security Administration Has Announced Cost of Living Adjustments & Tax Changes For 2021. Here's What You Need to Know
The Social Security Administration announced a 2021 Cost of Living Increase of 1.3% on Oct. 13, 2020. Whether you’re currently working or enjoying retirement, here’s how you may be affected.
Coronavirus & Beyond: 5 Financial Benefits of Working From Home
COVID-19 has brought about an era of remote work. If you're debating keeping your work remote, these are 5 financial advantages you can expect.
The Difference Between Quarterly and Annual Taxes and How it Will Impact Your Tax Returns Later?
When you pay your taxes can make a big difference on your tax return. We cover a few must-know facts about your taxes, especially important if you're a business owner!
Common Estate Planning Mistakes to Avoid
Your estate plan is important for your family, so don't wait until the last minute to create your plan. Here are some mistakes that can be easily avoided while creating your estate plan.