The importance of budgeting is undeniable, but many don’t do it because it is time consuming and difficult. Learn how to build a basic budget in 15 minutes which meets both your financial needs and goals.
The debate about whether a budget is a necessity or a waste of time often centers on a fundamentally flawed definition of budgeting. The exercise of budgeting shouldn’t be designed to limit you, but to give you the freedom to spend money in the manner you wish to spend it.
There is a lot of talk in the financial media about the benefits of automating your finances. But what exactly does that mean? And how do you go about doing it? Here’s one simple method of automating your finances which ties your budget in with your pay.
The importance of budgeting is undeniable, but many don’t do it because it is time consuming and difficult. Learn how to build a basic budget in 15 minutes which meets both your financial needs and goals.
The IRS has announced the 2022 income tax tables and other adjustments for inflation. Plan ahead to lower your 2022 income taxes and lower lifetime taxes through multi-decade tax planning impacting Roth conversion strategies, the sale of major assets, passing down family businesses, or dealing with Required Minimum Distributions.
The IRS has announced the 2022 income tax tables and other adjustments for inflation. Plan ahead to lower your 2022 income taxes and lower lifetime taxes through multi-decade tax planning impacting Roth conversion strategies, the sale of major assets, passing down family businesses, or dealing with Required Minimum Distributions.
The IRS has announced the 2021 income tax tables and other adjustments for inflation. Plan ahead to lower your 2021 income taxes and lower lifetime taxes through multi-decade tax planning impacting Roth conversion strategies, the sale of major assets, passing down family businesses, or dealing with Required Minimum Distributions.
The IRS has announced the 2020 income tax tables and other adjustments for inflation. Plan ahead to lower your 2020 income taxes and lower lifetime taxes through multi-decade tax planning impacting Roth conversion strategies, the sale of major assets, passing down family businesses, or dealing with Required Minimum Distributions.
The Standard Deduction is the amount every taxpayer can deduct from their income, and with the changes to the tax law, more taxpayers than ever will now be taking the Standard Deduction. A lesser known fact about the Standard Deduction, however, is it can be increased for those over age 65 or who are blind.
Financially savvy people know the best time to start on next year’s taxes is the beginning of this year. Your tax return is a historical document about what happened last year, so there is very little you can plan and change. Next year, however, hasn’t happened giving you control over the tax planning environment.
Waiting until April to do your taxes could cost you more than you think. Submitting your taxes early isn’t just for those expecting a big refund. Advantages of early filing include easier money management if you owe additional taxes, opportunities for greater deductions, and reducing the risk of identity theft and fraud.
