Oct 7, 2025 | Personal Financial Planning, Tax News
The One Big Beautiful Bill Act, signed in July, creates a special tax break for Americans age 65 and older. It provides a deduction worth up to $6,000 a year in tax years 2025 through 2028. To claim it, you must: Turn 65 or older by the end of the tax year. File a...
Oct 2, 2025 | Personal Financial Planning, Tax News
There may be circumstances under which you would want to move assets from a traditional IRA to a Roth IRA. A Roth IRA conversion can be made even if your current income makes you ineligible for direct contributions to a Roth IRA. Roth IRAs are attractive because they...
Sep 30, 2025 | Personal Financial Planning, Tax News
Achieving a Better Life Experience accounts are specialized savings accounts designed to help individuals pay for qualified disability-related expenses. These accounts allow eligible individuals to save without jeopardizing their eligibility for certain government...
Sep 18, 2025 | Personal Financial Planning, Tax News
Reposted from the U.S. Department of the Treasury, August 14, 2025 press release. WASHINGTON – The U.S. Department of the Treasury announced that the federal government will stop issuing paper checks for most federal payments on September 30, 2025. If you are one of...
Sep 16, 2025 | Business Planning, Closely Held Business, Personal Financial Planning, Tax News
The number of freelancers in the U.S. is steadily rising. In 2017, there were 57.3 million freelancers. In 2023, there were 73.3 million. By 2028, Statista projects there will be 90.1 million freelancers. That is an increase of over 40% in a little over a decade!...
Sep 4, 2025 | Personal Financial Planning
Many people overestimate their financial stability. Even if you have enough money in the bank and take home a consistent paycheck, you still need to make a conscious and consistent effort to manage your money effectively. If you want more financial freedom and to take...
