Term vs. Permanent Life Insurance: Which One is Right for You?

Term vs. Permanent Life Insurance: Which One is Right for You?

Life insurance can be complex and overwhelming, especially with the countless insurance policies out there. It’s important to know the differences between them since each type has unique characteristics that may or may not be right for you. But more often...
How Much Life Insurance Do You Really Need?

How Much Life Insurance Do You Really Need?

People need insurance for many different reasons. Adequate insurance coverage, or lack thereof, can have a huge impact on your financial life and long-term goals. One of the most common – and most important – types of insurance people choose to purchase is...
Tax Deductions For Homeowners

Tax Deductions For Homeowners

Owning property has many advantages and disadvantages – many of these are tax related. Whether you own real estate as a primary residence or an investment property, there are deductions and taxes to consider. Given the changes in tax law, many of these...
How to Prevent Tax-Related Identity Theft

How to Prevent Tax-Related Identity Theft

Today is tax day, which means that Americans will soon be receiving their tax refunds, if they haven’t already. Tax refunds are a common reason for fraudsters to commit tax-related identity theft — here are some tips to follow to protect...
Filing a Tax Extension – 6 Simple Tips

Filing a Tax Extension – 6 Simple Tips

The April 15 tax filing deadline is fast approaching! However, if you don’t think you can finish your 1040 tax return by the due date, there is no reason to panic. You can simply file a tax extension, which will give you a six-month extension (until October...
When Does Married Filing Separately Make Sense?

When Does Married Filing Separately Make Sense?

Picking your first house, learning about each other, planning for your future – of the many joys of marriage, sitting down and figuring out how you’ll prepare taxes is not usually one of them. If you’re married, there are two options for your filing...
Tax Benefits of Marriage: What Are They…Really?

Tax Benefits of Marriage: What Are They…Really?

A common question we get as financial advisors is: what are the tax benefits of marriage? Yet, as people plan for their big wedding day, the last thing on most couples’ minds is taxes. However, marriage can have a big impact on a couple’s financial...
IRA Tax Deduction – Do You Qualify?

IRA Tax Deduction – Do You Qualify?

Clients often ask if they qualify for an IRA tax deduction. Individual Retirement Arrangements, more widely known as Individual Retirement Accounts (IRAs), are one of the most popular retirement savings tools in America in addition to 401ks. It’s no surprise...