2020 Tax Return, 5 Filing Tips
Whether you're taking a DIY approach to filing your taxes this year or working with a professional, here are 5 filing tips to help make things a little easier.
Start of Tax Season. Here Are 8 Steps to Take Before You File
With tax season officially upon us, make sure to keep these 8 tips in mind when filing - especially if you received financial assistance in 2020 due to COVID-19.
Your 2021 Tax Filing Season To-Do List
Tax season can be stressful. Keep things simple with this 2020 tax season to-do list.
What's My 2021 Tax Bracket
Every year, the IRS evaluates and typically adjusts certain tax provisions to account for inflation. Below are the IRS's latest adjustments for the 2021 tax-year - including tax brackets and standard deductions.
Trying to Supersize Your Retirement Savings? A Mega Backdoor Roth IRA Conversation Could Come in Handy
Mega backdoor Roth IRAs are complicated retirement savings strategies. But for the right person, they could offer a big tax advantage.
Whether COVID-19 Affected Your Financial Standings or Not, It's Important to Know: What Is My Tax Bracket for the 2020 Tax Year?
Like most Americans, you're probably preparing to file your tax return shortly. Before meeting with your CPA or financial partner, take a look at the income tax brackets for 2020.
4 Tax Tips Every Retiree Can Use Throughout 2021
During retirement, your wealth needs to last for the rest of your life. Avoid paying more taxes than you need to by keeping these 4 tips in mind throughout the year.
Inauguration Day Is Coming: What Financial Challenges Could High Earners Face During the Biden Administration?
After a tumultuous 2020 election season, inauguration day is almost here. If you are a high-earner, here are 6 challenges that could arise during a Biden administration.
If You Donate to Charity in 2020 Be Aware of The CARES Act Tax Benefits
The CARES Act was passed in March 2020, but there's one benefit you may have overlooked. With tax season approaching, keep this important change in mind.
Capital Gains & Your Taxes: A Brief (But Important!) Guide
Capital gains taxes apply to more than stocks. And the amount you pay will depend on a variety of factors. Here's how capital gains taxes work and a few methods you can use for reducing them.
6 Common Financial Stress Triggers and How to Overcome Them
72% of Americans have felt financially stressed at some point during 2020. Here are 6 of the most common stress triggers with ways to fix them.
6 Tips for Planning Your Charitable Contributions
Make your charitable donations count by efficiently planning ahead and preparing for the unexpected.
2020 Is (Finally) Coming to a Close. Here Are 7 Financial Moves to Make 2021 Less Stressful
2020 has been a difficult year to say the least, but 2021 is rapidly approaching. Utilize these 7 financial moves to make the coming year less stressful.
2021 Social Security Cost of Living Adjustments and related Tax Changes
The Social Security Administration announced a 2021 Cost of Living Increase of 1.3% on Oct. 13, 2020. Whether you’re currently working or enjoying retirement, here’s how you may be affected.
Two Big Retirement Rule Changes From the SECURE Act — and What to Know About Them
You've heard of the SECURE Act - but do you know how it could be affecting your own retirement? We're discussing two big changes and what you need to know now.
Open Enrollment is Coming. How Can an HSA or HRA Benefit?
According to a recent survey, medical expenses cost young adults $2,000 a year on average - and more than quadruple that by retirement. Should you consider utilizing a HSA or HRA to help offset these costs?