Remove the Stress from Paying Student Loans
Remove the Stress from Paying Student Loans Published: 12/2/2024 Paying off student loans can be a daunting task. However with a planful approach, making your loans disappear can be a lot more manageable. Here are some tips to help make paying off your student loans less stressful and hopefully quicker! Refinance your loans. You may […]
Taxes: Understanding the Essentials
Taxes: Understanding the Essentials Published: 11/29/2024 Navigating the tax system can be challenging for everyone, whether you’re an adult who hasn’t paid much attention to paycheck deductions or a young person starting your first job. A crucial first step in managing taxes is knowing when to seek help, which begins with understanding what can be […]
Avoid Sneaky Fees Draining Your Bank Account
Avoid Sneaky Fees Draining Your Bank Account Published: 11/27/2024 Inflation isn’t the only reason why your wallet or purse feels lighter these days. Sneaky fees are finding their way into things we buy every day. Here are some common fees you may encounter and what you can do to avoid them altogether. Common areas with […]
2025 Social Security Changes
Watch Out for These Tax Myths Published: 11/23/2024 Average Retirement BenefitsStarting January 2025 Average Benefits – All Workers 2025: $1,976/mo (+$69) 2024: $1,907/mo Maximum Benefits for Workers Retiring at Full Retirement Age 2025: $4,018/mo (+$196) 2024: $3,822/mo An 2.5% cost of living increase for Social Security retirement benefits and SSI payments begins with December 2024 […]
Watch Out for These 4 Tax Myths
Watch Out for These Tax Myths Published: 11/20/2024 Many myths about the IRS and the tax code have been amplified online in recent years. Here are several myths that if you believe them, could leave you with an expensive tax surprise. Myth #1: Retirement money is always tax free. You have retired and withdraw from […]
2025 Cost-of-Living Adjustment (COLA) Changes
2025 Cost-of-Living Adjustment (COLA) changes Published: 11/18/2024 The Social Security Administration announced a 2.5% boost to monthly Social Security and Supplemental Security Income (SSI) benefits for 2025, another rate drop versus last year’s increase of 3.2%. The increase is based on the rise in the Consumer Price Index over the past 12 months ending in […]
Top 15 Year-End Tax Tips
Top 15 Year-End Tax Tips Published: 11/15/2024 At the end of each year there are a number of things to consider that may have a positive impact on your tax obligation. Here is a list of fifteen ideas that may be worth a quick review. 1. Make last minute charitable donations. Pay attention to your itemized deduction […]
Elections. Elections. Elections.
Elections. Elections. Elections. Published: 11/7/2024 Every year is an election year when it comes to making decisions on your annual income tax return. Here are four common examples that can create tax savings opportunities if you elect the correct option. 1. Tax filing status. Typically, filing a joint tax return instead of filing separately is beneficial […]
Estate Taxes: What EVERYONE Should Know
Estate Taxes: What EVERYONE Should Know Published: 11/5/2024 Most taxpayers ignore the federal estate tax, thinking they will never be touched by it. Unfortunately, you do this at your own peril. Why? Because states often have this tax AND politicians have a habit of frequently changing the rules. The most recent change is scheduled to […]
HUGE Tax Write Off No One Talks About
HUGE Tax Write Off No One Talks About Published: 11/1/2024 We’re thrilled to announce that Bryce Egbert, owner of BCE Accounting & Tax, recently joined forces with world-renowned CPA and attorney Mark J. Kohler on his popular podcast. Together, they dove deep into actionable tax-saving strategies designed to help business owners like you make the […]
