Survivor’s Checklist
Life experiences have the most profound impact on my learning. I do not think that I am alone in needing to experience something firsthand to gain a greater understanding and better perception. Unfortunately, with the passing of my dad last month, I’ve been able to gain a better grasp of all the financial tasks and […]
Maximizing Health Savings Strategies
Are you taking advantage of triple tax benefits? If you are enrolled in a qualifying high-deductible health plan (HDHP), not claimed as a dependent on someone else’s tax return, and not covered by another non-high-deductible health insurance plan, you may be eligible to contribute to a Health Savings Account, or HSA. HSAs are known for […]
Better Than To Receive
The Victoria Bach Festival recently concluded its 49th season, marking another year of exceptional music. As the current President of this enduring organization, I am filled with pride as we prepare for our 50th season next year—a milestone that coincides with my 10th year on the board. Contributing to a cause greater than oneself is […]
What to Know about Health Care Sharing Ministries
The rising cost of traditional health insurance is cost prohibitive for most Americans with entrepreneurial or early retirement dreams. From that barrier to entry has arisen an increasingly popular alternative – health care sharing ministries (HCSM’s). HCSM’s are a way for people with similar faiths and beliefs to pool their money, helping members cover their […]
What Your Tax Return is Telling You
We are a little over a month removed from yet another tax filing season. Hopefully, you were able to get your respective return(s) filed timely or extended and without any hiccups or stressful encounters. Being a CPA, I often get questions from my friends back home after they have their returns filed such as, “What […]
National Small Business Week
Last week, we celebrated National Small Business Week. Although the official time has passed, it remains an opportune time for small business owners to take a step back and ensure their finances are in order. Running a successful small business requires much more than just passion and hard work – it also demands fiscal discipline […]
Your Teen’s Guide to a Summer Job
School is almost out for summer! Teenagers will soon be looking for summer jobs to occupy their free time and earn some cash. I still recall the feeling of receiving my first paycheck, “I am rich!” I thought. Only to find out that Uncle Sam “stole” a portion of my hard-earned money before I could […]
Maximizing Retirement Funding at Tax Time
Now is a good time to discuss some retirement funding opportunities you can review to make sure you are maximizing your options when filing your return.
Tax Status Update
Communicating with your accountant or tax professional(s) during the year can help ensure you are maximizing your tax savings before or after any financial changes, some you might not even think are relevant.
Is It Time to Update Your Estate Plan?
Did you know the average individual’s estate plan is outdated or needs updating after approximately seven years?