Borrowing Money from Your 401(k)
Borrowing Money from Your 401(k) Published: 12/14/2025 For years you have put away money from your pay into your employer-provided 401(k) retirement savings account. Your employer may have even matched 50% of your contributions or contributed 3% of your pay to the account as part of a safe harbor program. Now you want to take […]
Setting Benefits for Next Year
Setting Benefits for Next Year Published: 12/10/2025 Each year there’s typically an open enrollment for many benefit programs from your employer. Here are some tips to consider. Leverage employer contributions Employers that offer retirement plans like 401(k)s, 403(b)s, and 457s often include an employee match or safe harbor contribution. So make sure you understand this […]
Ingredients of a Successful Business Partnership
Ingredients of a Successful Business Partnership Published: 12/6/2025 Like a bundle of sticks, good business partners support each other and are less likely to crack under strain together than on their own. In fact, companies with multiple owners have a stronger chance of surviving their first five years than sole proprietorships, according to U.S. Small […]
Spend Less with These 5 Money Tips
Spend Less with These 5 Money Tips Published: 12/1/2025 Rising costs across nearly every kind of product and service have stretched everyone’s budgets, making each dollar feel a little tighter. Here are some tips to spend less to help offset the effect from these higher prices. Pay down high-interest debt. You can start spending less […]
Your Year-End Tax & Financial Checklist
Your Year-End Tax & Financial Checklist Published: 11/28/2025 Year-end is more than just wrapping gifts and planning celebrations – it’s the last chance to make smart money moves that can reduce taxes and set the stage for a confident start to the new year. Use this checklist to help cover the essentials. Check tax withholdings. […]
Getting Ready For Taxes
Getting Ready For Taxes Published: 11/25/2025 Plenty of tax changes are lining up as the calendar turns toward 2026, and knowing what’s coming can help you stay a step ahead. Before then, there’s also several moves to make filing your 2025 tax return as easy as possible. Preparing to file your 2025 tax return […]
Defending Fair Market Value
Defending Fair Market Value Published: 11/22/2025 Fair market value (FMV) is the price that property would sell for on the open market. It is the price that would be agreed on between a willing buyer and a willing seller, with neither being required to act, and both having reasonable knowledge of the relevant facts. Source: […]
Check for Itemizing Now
Check for Itemizing Now Published: 11/18/2025 With the passage of the One Big Beautiful Bill Act (OBBB Act) many who took a standard deduction may now need to consider a potential change to itemizing. If this could be you, it is better to know this now, when you can still take tax advantage of your […]
Leveraging Gift Rules to Your Advantage
Leveraging Gift Rules to Your Advantage Published: 11/10/2025 As you or your family members approach retirement years, it’s important to have a basic understanding of the IRS gift giving rules. With this understanding, there are opportunities to leverage this tax law without creating a tax problem. The rules You may give up to $19,000 to […]
Frugality vs. Free-Spending: Finding Your Financial Sweet Spot
Frugality vs. Free-Spending: Finding Your Financial Sweet Spot Published: 11/10/2025 Money has a way of testing balance. Lean too far toward penny-pinching and life feels tight and restricted. Tip the other way into carefree spending and it’s easy to lose financial footing. Here are some practical tips to help find a healthy balance. Two […]