The Glassman Wealth Blog
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 More5 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 MoreWhich 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 MoreStep Up Your Zoom / Studio Setup
I started producing videos to educate people on money matters, taxes, and what’s going on in the economy—complex topics paired down to digestible nuggets. And after uploading them to social media, I kept receiving the same questions: What’s your Zoom setup? How are you doing that? Where’s your microphone? What’s your lighting setup? After answering…
Read MoreImplications of State Taxes in Relocations
With an increase in remote work, business owners and their employees are taking the opportunity to relocate across state lines. But whether for work or retirement, what are the possible tax implications of a move, particularly from a high-tax state to a low-tax state? With more high-tax states auditing these moves to recover lost tax…
Read MoreHappy New Year 2021!
Can you imagine getting back to normal post-Covid life? As we finish our first full week of 2021, there’s renewed hope that over the coming months we will find ourselves re-emerging from our Covid nightmare. We will never go back to our exact lives, but if these vaccines actually work, the reemergence seems within sight.…
Read MoreWhat Do the New IRS Life Expectancy Tables Mean to You?
This article was originally published on Forbes on January 5, 2021. New Changes for IRA and 401(k) Owners Likely Overhyped It’s been almost two decades since the IRS updated the life expectancy tables that govern IRA distributions. These tables calculate your annual required minimum distribution (RMD), which is the rate at which retirees over…
Read MoreFive 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…
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