Let’s look at the pros and cons for Trump Accounts and how to best use them.

No matter your situation, your financial advisor & tax professional should have your best interests in mind and should relish the opportunity to make sure they coordinate to make that happen. Now that you know this, make sure your pros do this for you going forward (or hire ones that will gladly do it OR do both) – you’re welcome!

Do you need investment tax diversification? You should make sure your portfolio is not only diversified by types of investments, but by tax types as well.

If you’re considering starting up your own new business, congratulations! There are a lot of considerations you must be aware of before you get your business up & running. Here are 10 things to consider when opening a new business:

We would all like to have enough money to do the important things: live life, retire comfortably, educate our children, etc. More importantly, how do you make sure that you have enough money to reach these various goals? Careful planning is essential, but you need to start from the bottom and work your way up to the big goals. How much $ do you need? If you have a steady job, the general rule of thumb is to have 3-6 mos. of living expenses in the bank in case of emergency. I

Unfortunately, I have known people through the years who have gotten duped by unscrupulous characters and cheated out of money. This can...

I wanted to make sure all our readers know to heed this one simple piece of advice: Check your federal income tax withholding for the year as of your last paycheck RIGHT NOW!

When someone leaves a job and they have a retirement plan that was offered from that employer (ex: a 401(k) or 403(b) plan), the person has 2 options: 1. Leave the retirement funds in the employer plan (provided certain rules are met), or 2. Roll the plan over into their own IRA or another former employer plan that is still funded So the big question is: when does it make sense to roll over a retirement plan? There are a few reasons to consider rolling it over into

It’s that time of year – tax preparation season will be here before you know it! CNBC published this MF Tax & Accounting article a while back, but the content remains useful one tax season after another. I’m sure some of you dread this time of year, but I’ve got a few suggestions that can make it a bit more bearable and help you in the long run. 1. If you’re not the do-it-yourself type, hire an experienced, professional tax preparer to handle your returns. Stay away fro

For those of you who own a business (NOT a single-member business) AND extended your previous year business income tax return filing date - IT’S ALMOST TIME! And for those of you who extended your previous year personal income tax returns filing date - IT’S COMING UP SOON (the due date for personal income tax returns is Oct. 15th)!

Found money can be both a blessing and a curse, depending on how you deal with the financial AND emotional aspects of this money. However, what most people should be concerned with is how this money would be best put to use. Creating a financial plan for the long term AND the short term is often the best solution. Let’s go over the proper steps to take to make sure you get the most out of this financial windfall!