Year-End Tax Planning Tips for 2019

New tax laws made significant changes to Federal income taxes beginning in 2018. While there was no significant new legislation in 2019 affecting individual taxes, personal situations do change from year to year, thus requiring a fresh look at how to approach your year-end tax planning. Here are some suggestions.

Small Steps Can Have a Big Impact

Recycling, reusing, repurposing and reducing. Four simple and inexpensive ways we can cut our carbon footprint, reduce consumption, and limit the wasteful use of resources. This article is the second part of our two-part series that discusses how each of us can contribute to the effort to save our planet. Here, we share ideas for how your values can impact your daily activities.

Words of Wisdom

Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.Peter Lynch, American Investor, Mutual Fund Manager, Philanthropist

The Hidden Cost of Your 401(k)

401(k) balances are near all-time highs, leaving retirement savers feeling pretty good about themselves and their futures. Eventually though, we all have to take distributions from those accounts, and that includes paying taxes. To lessen the tax bite, financial pros recommend a few key tips.

Does Work Ethic Fade with Inheritance?

Will you leave your assets to your heirs? Do you worry if an inheritance will impact them negatively? This article discusses how to determine how much to leave loved ones, and if that money should come with strings attached.

How Your Charitable Giving Priorities Can Impact Future Generations

Living a good life involves many things, including having a satisfying career, strong family ties, good friends, and hobbies you enjoy. Leaving a legacy may be part of what you desire; and charitable giving is a way for us to show future generations the importance of improving the world around us. Learn the importance of having a charitable giving strategy you can communicate to heirs.

Your Financial Values are an Important Part of Your Legacy

You may plan to pass along some of your wealth to your heirs. But what about your values? Do they understand and share what's important to you? Do they understand how to handle the opportunities and responsibilities that come along with some level of wealth? Learn how to convey your financial values to the next generation.

Words of Wisdom

Many people consider their financial goals to be far more important than their personal goals. But the personal goals have to come first -- the money is just a means to get there. ~Darren L. Zagarola, CFP®, CPA, PFS

Up ↑