Aug 21, 2022 | Finances, Planning
5 Great Things to Know about IRAs IRA’s can be a powerful tool to lower taxes all while saving for retirement or other predetermined uses. Here are five fairly unreported things to know about IRA’s. A nonworking spouse can have an IRA. If your spouse...
Aug 10, 2022 | Finances, Planning
Great Ways to Avoid Vacation Spending Traps You probably know how easy it is to spend a lot of money while on vacation. The best way to avoid overspending is to know the problem areas and be prepared before you go. Here are five typical vacation spending traps (and...
Jul 22, 2022 | Planning, Taxes
Watch for These Tax Surprises Our tax code contains plenty of opportunities to cut your taxes. There are also plenty of places in the tax code that could create a surprising tax bill. Here are some of the more common traps. Home office tax surprise. If you deduct home...
Jul 15, 2022 | Finances, Planning
Layering Your Bank Accounts Time for the classic banking approach to make a comeback? For years, savings and checking accounts provided very little in the way of interest income. In our current inflationary times, however, interest rates are on the rise. What is also...
Jun 28, 2022 | Finances, Planning
Money Management Tips for Couples Couples consistently report finances as the leading cause of stress in their relationship. Here are a few tips to avoid conflict with your long-term partner or spouse. Be transparent. Be honest with each other about your financial...
Jun 14, 2022 | Planning, Taxes
Start Your Tax Planning NOW! Keeping your taxes as low as possible requires paying attention to your financial situation throughout the year. Now that you’ve filed your 2021 tax return, here are some tips for getting a head start on tax planning for your 2022 return:...