Category: Wealth Management

5 Tips to Help You Stay on Top of Your Taxes

Tax season can be pretty daunting for small business owners and freelancers. If you pay quarterly taxes, you may realize that you need to be more on top of your tax documents and track your business finances efficiently. Falling behind on your taxes years after year is all-too-easy when you’re running a business. It can…


The 7 Most Common Estate-Planning Myths

Myths and misunderstandings dominate the public consciousness when it comes to estate planning. Some are the result of incomplete media reports, while others arise from half-truths and exaggerations put forth by “advisors” interested in generating a quick fee or commission. Further, labels such as “death tax” and other politically charged mischaracterizations are given life by…


Tips for Middle Aged Buyers of Life Insurance

Life insurance protection is necessary at any age. Although the needs will be different in middle age than when younger children are in the house, it is still very important to ensure financial stability. In the event of death, it ensures that life goes as close to normal for those remaining and helps pay the…


6 Key Tips to Find the Best Auto Insurance

Whether looking to buy auto insurance for the first time or to get a better deal on a policy, you need to know what to look for. Having the right kind of coverage and adequate coverage can protect you from financial risks if you are ever in an accident. The following tips will help you…


9 Red Flags that Could Lead to a Tax Audit

The IRS chooses some taxpayers and audits their tax returns every year. And an audit is examining or reviewing your informations and accounts to ensure you’re reporting things correctly and following the tax laws, which is troublesome for taxpayers. In 2016, the IRS audited one million tax returns. Although this is less than one percent of the…


Health Insurance for the Self-Employed: What You Should Know

Previous generations had access to healthcare insurance through their employers, who were often big corporations or government employers. A pension often came with the job, as well, giving a worker incentive to stay in the same job for decades. The job offered a security that couldn’t be found by opening a small store or diner….


11 Tips to Help You Protect Your Online Financial Data

Online banking, paying bills remotely, and mobile wallet apps have made it easier for businesses and consumers to interact with their financial services providers. But online banking has also brought consumers’ financial data into the digital space, leading to cybersecurity issues. Saved passcodes, automatic transactions, and devices without passwords can leave your financial data vulnerable…


How Do Wealthy People Get Away With Not Paying Their ‘Fair Share’ of Taxes?

By Gene Marks Just last month it was revealed from an investigation of IRS data by media platform ProPublica that—surprise, surprise—the wealthiest of the wealthy (Bezos, Buffet, Musk, etc.) did not pay their “fair share” of income taxes over the past 15 years. What do we mean by “fair share?” The bipartisan Tax Foundation says that…


What It Takes to 10X Your Net Worth from $0 to $100K

When you hear the word wealth, what is the first thing that comes to mind? Mansions? Designer clothing? Luxury cars? Dining out at exclusive restaurants? Growing up, I probably would have had the same answers. After all, I grew up in a house that cost just $8,000. Yes. An eight followed by three zeroes. Also,…


How to Reduce Your Taxes for 2023—Tips for Families With Children

Raising children can be expensive and it’s not getting any cheaper. One excellent place to start keeping more money for your family is to pay less in taxes. There are several ways to reduce your tax bill for the next year—and the earlier you start, the more money you will save. Take Advantage and Learn…