It is a good idea to review your credit report on an annual basis. Why? First, when you review your credit report, you may find opportunities to improve your credit score. Second, to identify signs of identity theft. Are there credit cards or loans open under your name with which you are not familiar? Third, …
Read More
Those words can strike fright, or at least trepidation, into many of us. In this case, we mean talking about family values and our wishes as we get older, and eventually pass. Having family or one on one conversations about the future is an important, but often overlooked, part of financial and estate planning. To …
Read More
Many of you may be aware of the potential tax planning changes on the horizon coming in 2025 to estate-tax rates. Most people are unaware, however, of some of the other tax-cuts that sunset at the end of 2025 if there is no action from Congress and the President to renew them. These tax cuts …
Read More
Last year was a surprisingly strong year for the stock market driven by moderating inflation and an AI (artificial intelligence) boom. However, 2023 was really a tale of two markets, with mega cap technology stocks having much stronger performance than the rest of the markets. The S&P 500 was up about 26% for the year. …
Read More
2023 Highlights As we bring yet another year to a close, our team collectively reflected on the work we’ve done on behalf of and in partnership with clients in 2023. It has been a year of significant change for some – some of the 2023 highlights include clients selling businesses, losing a parent or spouse, …
Read More
Financial Advisor, Jill Carr When people hear I am a CPA or that I have worked for the IRS, I usually get questions. Taxes are a universal thing that many people worry about, and few people understand how they work. In this article, I’ll do my best to demystify some common tax concerns and misconceptions. …
Read More
For anyone who has a health occurrence or is caregiving for a family member or friend, we were recently referred to a company called Concierge Care of Florida. From a service perspective, they provide the following: Companionship Homemaking (meal prep, laundry, light housekeeping) Transportation for errands/appointments Personal care (bathing, grooming, hygiene etc.), Medication management Alzheimer’s …
Read More
Whether you’re someone who diligently sets and follows your New Years’ Resolutions (apparently those types of people do exist) or are looking to play a little catch-up before the holiday hustle, here are some tips on your financial and personal wellness on a high note: Declutter your Mental and Physical Space With the season of …
Read More
It sometimes seems like the landscape is always changing with Social Security. Let’s start with some good news – the approved 2024 cost of living increase is 3.2%. This is compared to the 8.7% boost that occurred this year (2023). On average, retirees will receive a $50 per month increase in social security retirement benefits. …
Read More
It has been a generally positive year for the stock market. Most analysts had entered the year forecasting a recession, but our economic and market updates show that the economy has been fairly strong overall as consumers have continued spending. Much of the gains this year can be attributed to a handful of large technology …
Read More