Tax season is here once again. To ensure a smooth process with your CPA and tax advisor, there are several year-round tips to make sure you are organized when it comes time for tax preparation. Contact your Alloy Silverstein CPA for additional tips and guidance.
Keep an eye on where it goes, as some destinations may be better than others.
Inheritances are a complicated thing. Not only are there often strings attached in the eyes of the government, unexpected taxes, and complicated bequeathments, but there are also potential conflicts within families. And not to mention the fact that the potential windfall was the result of a relative's death. Inheritances are very complicated.
Is this age group preparing adequately for the future?
$1.1 billion has been garnished from retirement benefits to pay back old student loans.
A good financial strategy is not just about “making money;” it is also about protection.
Some solopreneurs think they will “work forever,” but that perception may be flawed.
We have all wondered whether Social Security will be there when we retire. Well, the government has done their latest assessment regarding the state of Social Security (see The 2017 Annual Report of the Federal Old-Age and Survivors Insurance and Federal Disability Trusts Funds. You can Google it.). Some of the relevant facts are that: