Ideas to Lower Your 2021 Tax Bill

Posted on 27. Jul, 2021 by in Charitable Contributions, Charitable Giving, Children, Managing Finances, Small Business Tips, Tax Tips

Now is the time to begin tax planning for your 2021 return. Here are some ideas: Contribute to retirement accounts.┬áTally up all your 2021 contributions to retirement accounts so far. Estimate how much more you can stash away between now and December 31. So consider investing in an IRA or increase your contributions to your […]

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NEW Tax Rules for 2020!

Posted on 11. Sep, 2020 by in Charitable Contributions, Charitable Giving, IRS, Small Business Tips, Tax Tips, Tax Updates

Here are several new tax laws to consider as you start planning your 2020 tax obligation. Make up to $300 of charitable contributions. For the 2020 tax year only, an above-the-line deduction of $300 is available to all Americans who want to make a charitable contribution. You can donate to more than one charity, but the […]

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How Stay-at-Home Orders Change Money Habits

Posted on 05. Aug, 2020 by in Budget, Charitable Contributions, Charitable Giving, Managing Finances, Small Business Tips, Spending

The most fruitful periods of growth often happen when they are the least expected. Teachers and parents call them teachable moments. By reflecting on how you handle the situation, you can learn a lot about yourself. The disruption caused by this year’s pandemic is a massive teachable moment for all of us regarding money. Here […]

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