Maximizing your Individual Retirement Account each year is smart when you're focused on increasing your retirement fund. But contributing excess money can result in a tax penalty....
Posted by Abundant Wealth Planning LLC on 08/11/2022
How the Internal Revenue Service defines and calculates different types of income affects the taxes you owe. Modified adjusted gross income (MAGI) is one of them. MAGI also decides...
Posted by Pat Raskob on 08/11/2022
Not all debts are the same. Although most forms of lending carry risk, certain lending decisions are more likely to send you into a downward debt spiral. We call them debt traps.It's...
Posted by Rosovich & Associates, Inc. on 08/11/2022
Marriage is a lifetime commitment in most regions. The responsibility affects your lifestyle, finance, and career. Having a joint savings or investment account can strengthen marriage...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 07/31/2022
You have to wear many different hats when working alone. Yes, it can be great when you wear the HR hat because you don't have to keep track of vacations. But when you put on your...
Posted by Taxes Made EZ Inc on 07/31/2022
Federal tax returns are required to file the FAFSA (Free Application For Federal Student Aid). The federal government uses the information on the tax return to investigate a family's...
Posted by Abundant Wealth Planning LLC on 07/31/2022
Cryptocurrency has become the most delinquent and high-gaining investment of the modern era. The long-term investment has led people to ask what happens to Bitcoin (BTC) when the owner...
Posted by Pat Raskob on 07/31/2022
Understanding how to plan for retirement doesn't have to be difficult. The various available retirement plans are easier to comprehend than you might think, although each has its...
Posted by KLSM CPA Firm PLLC on 07/31/2022
Many people believe that "estate planning" and "succession planning" are two ways of saying the same thing. In reality, however, they are separate processes with...
Posted by Dennis Jao on 07/31/2022
