Jun 7, 2022 | financial planning, tax deduction, taxable income, taxes
Did you know that you can invest up to $10,000. individually annually at the current rate of 9.65%? This rate has been established thru October 2022. The bonds have an annual rate consisting of a fixed rate and a semi-annual inflation rate.These funds are a low risk...
Dec 14, 2021 | charities, financial planning, taxes, Uncategorized
WHAT A YEAR!!!Hopefully, you have been able to enjoy some parts and you and your loved ones have been healthy and safe.There are a few issues that I wanted to alert you on as the year comes to an end.For those who received Advanced Child Tax Credit payments in 2021...
Sep 8, 2021 | taxable income, taxes
The development of Bitcoin and numerous other cryptocurrencies within the last ten years has changed the definition of money through-out the world. This currency is still a NEW way of investing for most of us. Advocates of these currencies are hoping they will become...
Sep 7, 2021 | charities, donations, tax deduction, taxes
Now is the time to review your tax situation for this year. Will you be able to take advantage of the updated laws to date and/or get more money for tax credits in 2021? UNDER NEW AND UPDATED TAX LAWS FOR 2021: A charitable contribution is available for those using...
Jun 9, 2021 | financial planning, taxes
We have all heard the statement “DON’T TOUCH THE PRINCIPLE”.If you need to withdraw a Required Minimum Distribution (RDM) and the entire amount is not needed at the present time, my suggestion is to transfer the funds AFTER tax to another investment...
