Form 1099 – What You Should Know
Unbelievably, year-end is right around the corner. The first line of business in January 2023 will be to file and issue any necessary Form 1099s. Although I am fairly new to the profession and my role as a CPA, I have quickly come to realize that taxpayers do not particularly like sending or receiving 1099s. […]
Do You Have the Right Suit Maker?
Finding someone you can trust with your money can be tricky. Go online and search “financial advisor near me” and you’ll get dozens of results. The search results will all seem to have a common theme: financial advisor, wealth management, etc., but as a consumer what do all these terms really mean and how can […]
The Cost of your Lifestyle
There is a saying that encourages you to know where you have been to know where you are going. Or, as William Wordsworth more eloquently said “Life is divided into three terms – that which was, which is, and which will be. Let us learn from the past to profit by the present, and from […]
Making Lemonade out of Market Lemons
The stock and bond markets’ performance to date for calendar year 2022 has seen a sizable pullback in the markets and left investors searching for when things may improve. Elevated inflation levels, a Federal Reserve aggressively raising interest rates, Russia’s invasion of Ukraine and energy market supply and demand uncertainty has left most investors feeling […]
Thoughts on Reaching Retirement Age
I turned 64 earlier this year. On my birthday, I received a notice from our group health insurance provider that I should start thinking about what options I have regarding Medicare. I’ve only been working for 42 years since college! I graduated on a Saturday and went to work on Monday. I like to call […]
Review your “Free Money” Match
Folks in my profession often refer to an employer-sponsored retirement plan match as “free money”. Are you lucky enough to work for a company who 1) offers a retirement plan, and 2) has a contribution match? The advice that follows “yes” to those questions, is typically to take full advantage, if at all possible. A […]
Tax Credits Unique to 2021
It is hard to believe it is already February. The time of year when important tax documents begin disbursing to mailboxes and e-mail inboxes across the country. Americans begin bracing for the impact of another year of sorting and organizing what can feel like mountains and mountains of tax documents. 2021 taxes may lead to […]
Financial Wellness Month – A Story of Success
Wellness as defined by the Oxford English Dictionary is the state of being or doing well in life; happy, healthy, or prosperous conditions; moral or physical welfare. New Year’s Day has come and gone, resolutions have been made and hopefully you have eaten your fill of black-eyed peas and cabbage to bring you good luck […]
Preserving Your Legacy through Storytelling
Hopefully you have experienced a wonderful holiday season with loved ones and friends, and exchanged gifts and merriment. You have given the gifts you thought appropriate or needed to your loved ones. These gifts hopefully will make their lives easier, more efficient or add some excitement to their lives. However, have you thought about the […]
Strategies for Success in Retirement
This is part 2 of a 2 part article series discussing retiring more successfully. One of the most important things that you can do to set yourself up for success in retirement is to develop a solid financial plan. There are many planning strategies that a CERTIFIED FINANCIAL PLANNER™ professional can assist you with. Here […]