For years it was assumed that tax planning was reserved for the wealthy, but with the changes and complexity of tax laws, that's no longer true. With today's different tax and savings strategies, even middle-income earners can reap the benefits of tax planning. Basic tax planning starts with your AGI or Adjusted Gross Income. This is your total income after any adjustments have been applied. Reducing your AGI is a primary goal of many tax...
Although opening an online investment account has become pretty easy, there are still various reasons to work with a professional. For some people, a do-it-yourself approach is fine, while others would benefit from working with an advisor.
Taxes are complicated, and most people don't fully understand how they work. Here are a few common misconceptions, explained.
Since the Tax Cuts and Jobs Act lowered the marginal tax bracket for many Americans, Roth Conversions have become very popular. Now, in 2022, we're facing a bear market in addition to historically low tax rates. Depending on your personal situation, these factors might make it an ideal time to convert some of your pre-tax retirement savings into Roth dollars.
How does the stock market work, why is it down, and should I invest or get out right now?
During the pandemic, the real estate market changed drastically. Home prices in particular increased drastically, but the quick increase in interest rates in 2022 have led to yet more shifts in the market. We spoke with some local experts to determine what’s going on with the real estate market now, and what they see for the near future.
As inflation and tuition fees rise, cost is an important consideration in choosing a college.
There's more to preparing for retirement than just saving. Here's what to consider.
You've probably heard the stock market compared to a roller coaster, with its ups and downs. Although the stock market has historically gone up more than it as gone down, it can be difficult to remember that when it's swinging wildly day-to-day. How should you cope with the changes, both emotionally and investment-wise?
Living on a fixed income can be difficult. Do you know how taxes will affect your financial health in retirement?
Tax scams are likely to increase over the next month. Here’s how to spot one.
Are your daily financial habits keeping you on track to reach your goals?