Good tax preparation should start well before your taxes are due. If you want to save the most money possible, it’s crucial to work with a financial advisor you trust who can help you implement every tax reduction strategy at your disposal.
You work hard to put money away in a tax-deferred individual retirement account (IRA) or employer-sponsored retirement plan. It feels good to watch that investment grow. But unfortunately, the government doesn’t allow your money to stay invested there forever. Here are five things you need to know about Required Minimum Distributions.
If you donate regularly to a charitable organization, you likely do so because there is an issue close to your heart which that organization is addressing. You connect with their mission and clearly see the value of the work they do. But like many donors, you may be wondering, “Am I making the most out of my giving?”
When the Federal Reserve starts raising interest rates it usually means they’re trying to slow growth of the broader national economy. Each time they raise the interest rate it makes borrowing money more expensive for consumers, whether that’s a person or a firm or corporation. Why would the Federal Reserve ever want to slow down growth? At first blush, it seems counter-intuitive. The answer, in this case, is to combat inflation.
If 2020 was the “Year of the Pandemic”, 2021 definitely represented the “Year of the Recovery.”
It is finally here. Our opportunity to turn the page on a year which can be described by a plethora of adjectives: challenging, chaotic, depressing, divisive. There are probably a few R-rated ones that come to mind as well... For many, it will be a year to forget...