We are constantly working to expand our services to our clients. Last year we introduced nightly market updates around major market moves and expanded our TIPS (Taxes, Investments, Planning, Spending) newsletter. This year we’re introducing our quarterly update where we provide our insights on the market and how it impacts your investments.
For some, it may be difficult to understand how money works, how financial advisors make their money and, more importantly, how you’re going to get your money’s worth. That’s why we’re going to make it as clear and concise as possible, so that you can understand exactly what to expect from potential financial advisors.
As you approach or enter retirement, you are likely wondering, “Do I have to pay taxes on retirement income?” This is a straightforward question, but the answer is not so clear. The amount of taxes paid on retirement income depends on a number of factors, like the type of income, how much you make, where you take income from, and the income of your spouse if you file taxes jointly.
Taxes? Check! Investments? Check! But how do they work together? Trust us, we get it. Quite often, our clients ask many of the same questions about taxes and investments, and because we’ve answered and served our clients well, we thought we’d highlight and answer some of the most frequently asked questions here.
Real estate tax rates and property values are different from state to state, but every homeowner can get confused or frustrated about the policies. Industry lingo and terms can be hard to unpack, and beyond that, you might have practical questions, like why your family member in a different state pays less taxes for a nicer house.
With 242 pages in the American Rescue Plan Act (ARPA) bill, there is a plethora of information. In this article, we focus on how the legislation specifically impacts American households. There are four main areas for how families and individuals are impacted by ARPA.