How Will the Economy React to AI?
How Will the Economy React to AI? Artificial intelligence (AI) tools are already invading every aspect of our lives. Debates are ongoing about how it will infiltrate individual industries. Governments are working to understand AI and determine how to regulate...
Filing Final Tax Returns for the Deceased
Filing Final Tax Returns for the Deceased When a family member passes away, there are many decisions that need to be made and many emotions to handle. The last thing anyone thinks about is taxes. Unfortunately, even the deceased can’t escape taxation. If the departed...
9 Facts About Retirement
9 Facts About Retirement Retirement can have many meanings. For some, it will be a time to travel and spend time with family members. For others, it will be a time to start a new business or begin a charitable endeavor. Regardless of what approach you intend to take,...
Five Most Overlooked Tax Deductions
Five Most Overlooked Tax Deductions Who among us wants to pay the IRS more taxes than we have to? While few may raise their hands, Americans regularly overpay because they fail to take tax deductions for which they are eligible. Let’s take a quick look at the five...
Roth IRA for Kids
Roth IRA for Kids Small business owners may find it challenging to find ways to provide additional benefits to their children who work for the company. One often overlooked choice is including a Roth individual retirement account (IRA) as part of their compensation, a...
A Taxing Story: Capital Gains and Losses
A Taxing Story: Capital Gains and Losses Chris Rock once remarked, “You don’t pay taxes – they take taxes.” That applies not only to income but also to capital gains. Capital gains result when an individual sells an investment for an amount greater than their purchase...
Do Your Kids Know The Value of a Silver Spoon?
Do Your Kids Know The Value of a Silver Spoon? You taught them how to read and how to ride a bike, but have you taught your children how to manage money? The average debt for student borrowers is $40,499. And nearly 11% of new graduates will default within the first...
Women and Wealth: A Pivot Towards Retirement
Women and Wealth: A Pivot Towards Retirement Retirement is a significant transition, and it can bring both challenges and opportunities for women who have spent many years focused on their careers. For women approaching retirement age, it is crucial to consider...
Treasure Hunting vs Investing
Treasure Hunting vs Investing I am fascinated by treasure hunters. Modern-day treasure hunters are very different from those you see in the old movies. In those movies the treasure hunters search by going where others had success, hoping they can find some too. There...
White Elephant Inheritance
White Elephant Inheritance Have you ever had to deal with a "white elephant"? Not the actual pachyderm, but what Merriam-Webster calls "a property requiring much care and expense yielding little profit" or, more simply, "something of little or no value." Of course,...
How Will the Economy React to AI?
How Will the Economy React to AI? Artificial intelligence (AI) tools are already invading every aspect of our lives. Debates are ongoing about how it will infiltrate individual industries. Governments are working to understand AI and determine how to regulate...
Filing Final Tax Returns for the Deceased
Filing Final Tax Returns for the Deceased When a family member passes away, there are many decisions that need to be made and many emotions to handle. The last thing anyone thinks about is taxes. Unfortunately, even the deceased can’t escape taxation. If the departed...
9 Facts About Retirement
9 Facts About Retirement Retirement can have many meanings. For some, it will be a time to travel and spend time with family members. For others, it will be a time to start a new business or begin a charitable endeavor. Regardless of what approach you intend to take,...
Five Most Overlooked Tax Deductions
Five Most Overlooked Tax Deductions Who among us wants to pay the IRS more taxes than we have to? While few may raise their hands, Americans regularly overpay because they fail to take tax deductions for which they are eligible. Let’s take a quick look at the five...
Roth IRA for Kids
Roth IRA for Kids Small business owners may find it challenging to find ways to provide additional benefits to their children who work for the company. One often overlooked choice is including a Roth individual retirement account (IRA) as part of their compensation, a...
A Taxing Story: Capital Gains and Losses
A Taxing Story: Capital Gains and Losses Chris Rock once remarked, “You don’t pay taxes – they take taxes.” That applies not only to income but also to capital gains. Capital gains result when an individual sells an investment for an amount greater than their purchase...
Do Your Kids Know The Value of a Silver Spoon?
Do Your Kids Know The Value of a Silver Spoon? You taught them how to read and how to ride a bike, but have you taught your children how to manage money? The average debt for student borrowers is $40,499. And nearly 11% of new graduates will default within the first...
Women and Wealth: A Pivot Towards Retirement
Women and Wealth: A Pivot Towards Retirement Retirement is a significant transition, and it can bring both challenges and opportunities for women who have spent many years focused on their careers. For women approaching retirement age, it is crucial to consider...
Treasure Hunting vs Investing
Treasure Hunting vs Investing I am fascinated by treasure hunters. Modern-day treasure hunters are very different from those you see in the old movies. In those movies the treasure hunters search by going where others had success, hoping they can find some too. There...
White Elephant Inheritance
White Elephant Inheritance Have you ever had to deal with a "white elephant"? Not the actual pachyderm, but what Merriam-Webster calls "a property requiring much care and expense yielding little profit" or, more simply, "something of little or no value." Of course,...
