The Tax Cuts and Jobs Act has made major changes to the tax code. It’s important that you understand these changes to best plan your tax strategy going forward. The Tax Cuts and Jobs Act has brought the biggest tax overhaul in 30 years and has left many with questions. It’s important that you understand […]
Key Thoughts on the Tax Cuts and Jobs Act Read More »
Having a will is necessary, but there is a great deal of information the legal document does not include. Here’s what to cover in a supplemental letter that specifies preferences, discloses critical logistic info, and will save your family significant stress during a difficult time. Having a proper will goes a long way to prevent
Last Will & Testament: Add a Letter Covering These 14 Wishes Read More »
The most accurate and reliable way to determine your spending needs in retirement is to sit down and make up a budget projecting costs in the areas of housing, utilties, food, transportation, leisure activities and so on. Depending on how your life will change (or not) after retirement, you can base these projections on the
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The Tax Cuts and Jobs Act of 2017 introduced a limit for deductions on state and local taxes. Some states hoped to get around that through charitable contributions. But the IRS says no. In August of 2018, the IRS released new proposed regulations (technically, they are amendments to existing regulations) to deal with states’ recent
IRS Throws Salt in the SALT Deduction Limit Wound Read More »
Cyber-attacks are launched at us every day. Do you know the warning signs that your security has been compromised? With cybercriminals constantly prying at your door, it can be tough to know if one of them had gotten through your cyber-defenses. Weekly, we hear news of data breaches exposing our personal records and putting our
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An apple a day keeps the doctor away – and spares you the bill for medical services. Does this logic carry over into lifetime health care planning? Can you reduce your lifetime health care costs by staying healthy? Apparently not. The Center for Retirement Research at Boston College has revealed the counterintuitive finding that married
Can You Reduce Your Lifetime Health Care Costs by Staying Healthy? Read More »
As a small business owner you have a lot on your plate, but you need to start educating yourself on another issue threatening businesses. Identity thieves have branched out. They’re not just after individuals anymore—businesses are the new target for hackers and fraudsters. With their deep credit lines, multiple users, and many financial transactions, businesses
10 Ways to Protect a Small Business From Hackers Read More »