In this post, I provide practical tips and best practices for defending against cyber attacks. Implementing these steps helps you lower your risk and create safety around both your personal and financial information.
What is the Presidential Election Impact on Investments?
As you prepare to vote in this next election, it’s okay if your opinion on the economy influences your choice. And yet, it’s important to remember that the President of the United States has less control over the economy than you might believe, and the effect on investments during a presidential election is even lower.
What Is The Fed And What Do They Do?
The Federal Reserve: A powerful presence within the finance world that is often overlooked but holds tremendous control over our economic well-being.
Time Is Running Out: The 2025 Tax Sunset Is On The Horizon
The 2025 Tax Sunset is on the horizon and may affect taxpayers across the board. With many 2017 Tax Cuts and Jobs Act (TCJA) provisions set to expire, it could mean significant tax shifts for individuals and businesses alike.
The Money Script: Don’t Let Your Emotions Control Your Wealth
Most of what we do every day comes from habits driven by thoughts and emotions. Even the most successful investors sometimes experience feelings of stress or excitement when they deal with money.
4 Ways to Reduce Your Capital Gains Tax
According to the IRS, the tax rate on most net capital gains is no higher than 15% for most individuals. Some or all net capital gains may be taxed at 0% if your taxable income is less than or equal to $40,400 for a single or $80,800 for married filing jointly or for a qualifying widow/widower.
FDIC Limits Explained
If nothing else, the recent failures of Silicon Valley Bank and First Republic Bank highlighted the importance of Federal Deposit Insurance Corporation (FDIC) insurance. FDIC insurance protects deposits at member banks in the highly unlikely chance that a bank goes under. There are rules and limitations to consider – this is banking, after all – so here’s what you, the nonprofessional, should know about FDIC insurance.
You’ve Inherited Money, Now What Should You Do?
What would you do if you received an inheritance of money? Most people don’t think about this unless they already know it’s coming in the near future. Even then, it can be overwhelming to face all the options you may have and decisions that need to be made as to what to do with the money. There are also a lot of emotions involved with receiving an inheritance; it can be a bittersweet experience.
Bank Run Insights
It’s hard and often counterproductive to comment about breaking news while it’s still moving through the proverbial grinder — which is why we usually don’t. However, we feel it’s worth commenting on the growing number of regional bank runs.
Tips to Prevent Overpaying the IRS – Why it’s Important to Have a Tax Plan
What is the best way to ensure you don't overpay the IRS? Tips for having an effective tax plan.