Patricia Anderson No Comments

Is There Still a Marriage Tax Penalty?

The term “marriage penalty” in taxes refers to the situation that two people with the same income would pay more tax if they married and filed a joint return (MFJ) than if they stay single and file separately as single taxpayers. In order to avoid a marriage penalty, the tax bracket income thresholds for married couples must be exactly double those for single taxpayers. Therefore, with the tax bracket reorganization, taxpayers with a taxable income of $0 to $200,000 for filing single Read more [...]
Patricia Anderson No Comments

Learning a New Language: Tax Terms

How to Speak “Tax” This time of year and into April, we begin to hear a different vocabulary come to life: “Credit.”  “Exemption.”  “Adjusted Gross Income.”  It can seem as if your accountant speaks a different language from you. While we’ll do our best to explain the tax terms we use during your appointment, we’ve compiled a list of them for those of you who’d like to be more “in the know.” Not only will this better equip you to keep up at your Read more [...]
Patricia Anderson No Comments

Money Management in Marriage

Money and Marriage One of the biggest things that can cause fights in a marriage is money. No matter where you are in a relationship, it’s a good idea to discuss these major money topics so you’ll know where you stand.  Show me the money:  Combine or keep separate or both One of the best ways to avoid conflict is to put your money into three separate piles: yours, your spouse’s, and a joint set of accounts. In this arrangement, each of you has control over some money Read more [...]
Patricia Anderson No Comments

Money Management

How to Save More in 2019 Many people in their retirement years have regrets about not saving more during their earning years, but you don’t have to be one of them. All you need to do is be realistic and proactive about saving. It’s all about paying your future self.     Circumstances can arise that can erode savings you hoped would be there for retirement. Some of those events include not being able to work due to poor health or a bad job market, unanticipated hospital Read more [...]
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Five Ways to Ring in 2018

Happy new year! 2018
January is the month of new beginnings and a perfect time to strategize about projects that will boost your business prosperity.Here are five ideas to get you thinking about new beginnings for your business in 2018.  

 Learn new technology.

Every year, tens of thousands of new online software applications are invented that will save us time and money. Learning at least one new app will keep us sharp and hopefully improve our business. There are many to choose from, Read more [...]