To Combine… or Not to Combine Finances (Three Methods of What Might Be Right for You)
Whether you are newly dating, just starting to get serious with someone, or about to get married, it’s never too early to start having conversations about finances. Understanding how your partner saves and spends money and discussing both of your long-term goals, are important considerations to determine financial compatibility and whether you should combine finances.…Read More
5 Questions You Should Ask Yourself Before You File Your Taxes – Part 1
Should I do my own taxes or hire someone to do them for me? The answer to whether you can do something and whether you should do something may often yield different results. While many of us can file our own return, whether you should file your own taxes comes down to comfort level, complexity,…Read More
5 Questions You Should Ask Yourself Before You File Your Taxes – Part 2
What documents do I need to get started? Whether you decide to do this on your own or decide to hire someone to help with your tax filing, you’ll need to gather important information and documents first. What you will need varies, depending on your tax situation. Here is a link that provides an overview…Read More
Which Is Better – Traditional or Roth Retirement Accounts?
One of the most common retirement planning questions we receive from clients of all ages revolves around traditional and Roth retirement accounts. In this post, we’ll provide some of the main differences between these kinds of accounts, and some of the strategy involved with deciding which you should use. The key difference between these two…Read More
Five Top Resources to Help You Become a Better Investor
Investing today can be a frightening concept. Young professionals are finding themselves thrust into a world of finance, yet unprepared to make the decisions that are right for them. While there are a plethora of resources out there to help, it can be difficult choosing which ones to use. After combing through numerous personal finance…Read More
How and When Should You Contribute to Your Individual Retirement Account (IRA)?
So, you want to save for retirement? 👏 👏 👏 Making annual contributions to retirement accounts is one of the most effective ways of saving for life after your career. These accounts are designed to save you tax dollars, either now and/or over time, and they are the government’s way of incentivizing you to plan for…Read More
2020 Specific Tax Deadlines You Don’t Want to Miss
To say it’s been a crazy year is an understatement. With a global pandemic, market uncertainty, and political and social unrest, there were a lot of changes this year, including to the tax code. Below are a few items you’ll need to pay attention to before year-end. Payroll Tax Cut: Effective September 1st, President Trump…Read More