The Tax Cuts and Jobs Act (TCJA) made many changes to the Tax Code, including dramatically increasing the standard deduction. The result is that fewer taxpayers will itemize their deductions. […]
Tag: Financial Planning
How to Manage Cash Flow
Your business will be healthier if you manage your cash flow toward the profit line. How? Let’s look at some tips: When cash flow stays positive, your business can survive […]
Required Minimum Distribution: What This Means for Your Retirement Plan
Effective January 1, 2023, the age for stating required minimum distributions (RMDs) increased from 72 to 73. You must make required minimum distributions from your traditional IRAs after you reach […]
How To Make Money Last in Retirement
Health care is expensive, more people are living longer and the market is on a roller coaster. Worrying about running out of money in retirement is not unfounded. But with […]
How To Prepare for Tax Season
Want to make sure your tax paperwork is organized? Keep excellent records all year. That way, after the end of the year, you just gather applicable tax documents that arrive […]