2020 was a chaotic year. The Covid19 pandemic took us on a wild ride. While we were all impacted in different ways, as we head into tax season you may have questions about how your personal experiences will impact your 2020 tax filings and potential refunds. From job loss, furloughs, to stimulus payments, what is the impact on your tax … Continue reading
With tax season wrapping up and your spring cleaning likely beginning, you may have the urge to purge paperwork, files and personal records. While it is tempting to get rid of all the files and clutter, it is best to keep some documents for the recommended records retention schedule. Here are some helpful tips for managing your secure financial and … Continue reading
By Tracy Scott Your tax refund check might be less than expected this year. As of early February 2019, the average federal tax refund is down 8.7% when compared to the prior tax year. Receiving less than expected might derail your plans for a vacation cruise, new television, or making another major purchase – at least for now. While these … Continue reading
Getting a new job often means having to make big decisions about what to do with your employer-sponsored retirement plan. Many employers provide employees with either a traditional 401k, Roth 401k plan, or similar option. These plans provide big benefits to individuals during their employment. The majority allow employers to contribute and even match an employee’s investment. And, they are … Continue reading
For every hardworking American, that time of year is upon us. Tax season is here! But don’t get ahead of yourself or you’ll be stressed before you even start. As those first forms start rolling in, stay organized. Collect documents until you have all necessary forms to get started. You’ll also want to decide if you will do your taxes yourself, … Continue reading
