Taxes
How to Invest for the Long-Term: Keep it Simple
Well, after more than 10 years of a very strong bull market, I can’t say I am surprised at the recent decline in stocks. I understand it can be unsettling. And you may be thinking you need to...
Mid-Year Investment Review
When was the last time you checked that your investments still reflected your long-term investment strategy?
The One Move You Must Make This Year with Your Tax Refund
Okay people, it’s that dangerous time of year. In the next month or so I know many of you will be receiving refunds on your federal tax returns, and some of you may also be in line for a state tax
Spring into Great Savings
You could have a great opportunity to boost your financial security in the next few weeks. Two developments could mean some extra money is landing in your bank account.
New Tax Law Could Deliver a Nasty Surprise a Year From Now. Here’s How to Protect Yourself
I know many of you expect the new tax laws will reduce your federal tax burden. But I have to tell you that there is a risk that when you file your 2018 tax return in early 2019 you could find you
What You Need to Know About your 2018 Taxes
Unless you were completely tuned out at the end of last year, you know that Congress passed a controversial bill that upends all sorts of tax laws. Controversial because the biggest benefits go to
PROOF: The Estate Tax May Be On The Chopping Block. But Estate Planning Remains As Critical As Ever.
If you’ve been following the Washington push for tax reform, you may have heard that the federal estate tax could be eliminated.
The 3 Smartest Moves You Can EVER Make with a Tax Refund.
The average refund for federal tax returns is nearly $3,000. And I know plenty of you also end up getting some money back when you file your state tax as well. Don’t blow it! Look, I know how easy it is to see your refund as a windfall. And that triggers thoughts of vacations, new wardrobes, or a new gadget or two.
Smartest 2017 Tax Move: Thwart Tax-Refund Thieves
The deadline to file your taxes is still more than three months away, but if you are in line to receive a refund, I want you to jump on getting your taxes filed ASAP.
A Taxing Reason to Not Buy a Home
There are two potentially large tax breaks that come with buying a home. But listen to me: I never think it is a good idea to factor in the tax breaks when deciding if you are ready to buy your first home. Nor do I ever want anyone to decide on a mortgage budget based on the after-tax net cost. Here’s why:
Tips to Keep Your Prescription Drug Costs Down
I am betting plenty of you have noticed the steep rise in prescription drug costs. According to the non-profit Kaiser Family Foundation, drug prices jumped more than 11% in 2014 and are estimated to have risen another 9.6% last year. And there’s no relief in sight. The expectation is that prices will rise about 4% in 2016. All of that is during a stretch when annual inflation has averaged less than 2%.
How to “Spend” Your Tax Refund
Spring is a dangerous time of year for your financial security. I know so many of you will be getting a tax refund; some of you may be getting money back from both Uncle Sam and your state. The danger is that you blow the money on a want, rather than focus on your needs.
The Most Important Tax Tip: File ASAP!
I know you probably can compile a very long list of things you’d rather do than tackle your 2015 tax returns. But please listen to me: procrastination could cost you big time this year, if you anticipate you will be receiving a refund.
Best Ever Valentine’s Gift
I have the best ever Valentine’s Day gift for the love of your life. Life Insurance. Yes, I said life insurance. Before you call me unromantic (or something worse), hear me out.
The Biggest Retirement Planning Mistake
A recent report that studied the 401(k) savings habits of millions of workers found that one in four of you are not contributing enough to your account to qualify for your employer’s maximum match. The average annual amount of money left on the table is more than $1,300 a year. That is nuts.
Suze Orman’s 10 Tips To Spring Clean Your Finances
Spring is in the air! Springtime is about renewal and rebirth, and therefore a perfect to take stock of your life, and take charge of your finances. It’s time to get off the fence and spring clean your finances, ladies!
Approved: White House Proposal for Universal Access to College
President Obama has announced a plan that would pay for 100% of the tuition for anyone who wants to attend a community college and can commit to remain on course to graduate from the two-year program
Same-Sex Married Couples To Get Federal Tax Recognition Regardless Of State
The U.S. Department of the Treasury announced Thursday that when it comes to taxes, it will recognize same-sex couples' marriages even if they live in a state that does not.
Gay Americans pay more taxes for fewer rights
That nine states and the District of Columbia have legalized same-sex marriage is encouraging progress for those of us who believe that everyone deserves to have basic civil rights. But, even if every state in the country could pass a similar legislation, it would not be enough.
