Give a College Savings 529 Plan For Graduation
If you want to make an impact in your new grad’s life, make an investment in his or her future with a 529 College Savings account. There are two versions:…
eNewsletter
How To Maximize the Potential of Your 401(k) Plan
Volume 10 Issue 2, eNewsletter
One of the easiest ways to save for retirement is to participate in an employer-sponsored retirement plan. You simply select a percentage of your paycheck that you would like transferred…
How to Get Your 2022 Finances in Order
Volume 10 Issue 1, eNewsletter
Believe it or not, the New Year is here. If you’re trying to wrap your head around everything that’s ahead, one of the best things you can do is prepare…
How Businesses Can Combat Inflation’s Toll
Volume 10 Issue 1, eNewsletter
According to the U.S. Bureau of Labor Statistics (BLS), the Producer Price Index (PPI)—the measure of the average change over time in prices, goods, and services that producers experienced for…
The Risks of Using Self-Directed IRAs
Volume 10 Issue 1, eNewsletter
Self-directed IRAs (SDIRAs) are becoming more and more popular as IRA holders look to enter alternative investments. While SDIRAs can open up a world of investment options, the rules around…
Rental Real Estate – Business or Investment?
Volume 10 Issue 1, eNewsletter
If you own rental real estate, its classification as a trade or business rather than an investment can have a big impact on your tax bill. The distinction is especially…
How to Effectively Onboard & Train Employees Virtually
For many employers, the ongoing COVID-19 pandemic is requiring long-term remote work. Companies that effectively onboard new workers retain their workers longer, have better worker performance, and increase their profits…
Deciding if a Roth IRA Conversion is For You
Roth IRAs can be a powerful tax tool, but they are often misunderstood and misused. Investment income in Roth IRAs compound tax-free and most distributions are tax-free as well. Another…
2021 Social Security Tax and Benefit Increases Announced
The Social Security Administration recently announced 2021 increases to both benefits and the taxable wage base for FICA taxes. Increases Announced for 2021 Workers are facing a 3.7 percent increase in…
How Will The Latest COVID-19 Legislation Affect Your Taxes?
The Consolidated Appropriations Act (CAA), signed into law on Dec. 27, provides relief in response to the COVID-19 pandemic, such as another round of “recovery rebate” payments to individuals and…