Are you anxious about rising higher education costs?
There’s no doubt that it feels great to help someone in need through charitable giving. There are more than 1.5 million nonprofit organizations in the United States that range from food banks and disaster relief centers to churches and cultural centers. And in 2018, Americans contributed over 4 billion dollars to charitable organizations.
Tesla - The Market's Own Eddie Haskell
“Nothing is so permanent as a temporary government program.”
– Milton Friedman
You’re probably aware that there are many options for retirement planning including 401(k)s, IRAs, Roth IRAs, and more. Some of the more common plans are employer-sponsored ones like 401(k)s, 403(b)s, and 457(b)s.
When it comes to managing your personal finances, paying someone else to decide where to put your money may feel counter-intuitive. After all, who knows and understands your financial needs and goals better than you? Well, the truth is that a financial professional is far better suited to the task.
I'm starting to wonder if having an endless supply of outlets and talking heads is actually a bad thing. If you're somehow reading this in North Korea (great VPN by the way, hope you don't get caught), you're banging your head against your keyboard in frustration. You've got one talking head, and he'll take you head off if you don't agree!
Following a solid tax planning strategy throughout the year is an integral part of any financial plan, but there are special considerations to make as the year comes to a close that can help maximize your refund or minimize your liability.
Are you taking advantage of the following tax-saving strategies with your return?