3 06, 2024

Balancing Business Growth and Retirement Savings: A Small Business Owner’s Dilemma

By |2024-06-03T17:11:26+00:00June 3rd, 2024|

The entrepreneurial spirit burns bright in this country — from innovative tech startups to charming local boutiques and mom-and-pop restaurants, small businesses are the backbone of our community.  But for the passionate visionaries behind these ventures, a constant struggle simmers just beneath the surface: harmonizing the pursuit of business success with the ever-present need for secure retirement savings. While focusing on immediate growth is crucial, neglecting your nest egg can [...]

14 05, 2024

The Road to Retirement: Understanding IRAs, 401(k)s, and Annuities

By |2024-05-14T15:44:53+00:00May 14th, 2024|

Retirement. For many of us, that word conjures visions of golden years, leisurely travels, and finally having the time to pursue our passions.  But it can also lead to anxiety over having enough savings, confusion about how to develop a financial plan, or “paralysis by analysis” — being overwhelmed by so many choices and options and a fear of making the wrong decision that you do nothing at all.  The [...]

17 04, 2024

Tax Planning Strategy Guide for Millennials

By |2024-04-17T18:05:12+00:00April 17th, 2024|

Let's face it, taxes aren't exactly the most exciting topic. But for millennials, navigating our complex and somewhat archaic tax code can feel even more overwhelming, especially since this generation is facing certain financial challenges. From gig economy jobs to side hustles, student loan debt, and the desire to save for big goals like homeownership, you've got a lot on your plate financially. That's why smart tax planning is crucial [...]

8 03, 2024

How the Compound Interest Journey Leads to Building Wealth

By |2024-03-08T16:08:20+00:00March 8th, 2024|

Embarking on the compound interest journey is akin to setting sail on a thrilling adventure through the vast and capricious seas of global economics. It's a strategy for success that requires discipline, planning, and the guidance of a trusted advisor who can serve as your compass through an ever-changing financial terrain. Albert Einstein called compound interest “the eighth wonder of the world. He who understands it, earns it. He who [...]

5 02, 2024

Employee Benefits Planning for Small Businesses: Strategies for Attracting and Retaining Talent

By |2024-02-06T15:16:42+00:00February 5th, 2024|

As an entrepreneur building a tiger team, one of the most important investments you can make in your business is attracting and retaining top talent.  The reality is that recruitment and retention grow ever more competitive, especially as remote work unlocks new horizons for today’s workforce. Strategic benefits planning is imperative for any high-growth small enterprise ready to separate itself from the pack. From pet insurance to paid sabbaticals, let’s [...]

4 01, 2024

What You Need to Know About the 2025 Tax Code Sunset

By |2024-01-04T19:06:09+00:00January 4th, 2024|

Tucked into the fine print of the Tax Cuts and Jobs Act (TCJA) of 2017 was a little-noticed detail — many of the individual tax law provisions are set to “sunset” on January 1, 2026, reverting the code to 2017 statutes.  This expiration date applies to key changes that impacted personal income tax rates, standard deductions, exemptions, and more. While some hope that Congress will act to extend the provisions [...]

20 12, 2023

Smart Financial Planning Resolutions to Make in 2024

By |2023-12-21T15:25:06+00:00December 20th, 2023|

It’s that time of year again when millions of people make New Year’s resolutions they have every intention of keeping. Unfortunately, only about 9% actually do.  The key to sticking with it is setting specific and challenging goals that you can pursue passionately. Focusing on smaller goals as stepping stones helps you reach your larger target.  It’s the same when it comes to increasing your financial literacy, making responsible money [...]

28 11, 2023

Tax Planning for Small Business Owners: Tips for Maximizing Deductions

By |2023-11-28T18:30:56+00:00November 28th, 2023|

Running a small business comes with a unique set of challenges, and navigating the complex world of financial planning is undoubtedly one of them.  As an entrepreneur, you strive to run a lean yet thriving operation. So naturally you want to minimize the income taxes flowing out each quarter and year-end. With a smart tax strategy, SMB owners can maximize deductions and keep more of their hard-earned money. In this [...]

11 10, 2023

Maximizing Your Impact: A Financial Advisor’s Guide to the Best Charitable Giving Strategies

By |2023-10-11T14:21:02+00:00October 11th, 2023|

Wealth is not just a measure of financial abundance; it's a powerful tool for positive change.  According to the New York Times, charitable giving rose dramatically in 2020, climbing to a record $471.4 billion. Schwab Charitable™ reported their clients increased donations by 27% in fiscal year 2022 despite the uncertainty of a bear market. One important reason for this trend is the increase in crises such as the war in [...]

20 09, 2023

The Art of Asset Allocation: Balancing Risk and Return in Your Portfolio

By |2023-09-20T15:49:46+00:00September 20th, 2023|

In the world of finance, there's a delicate dance that investors must master — the art of smart asset allocation. It involves the careful selection and distribution of various investments within a portfolio to strike the perfect balance between risk and return.  “Asset allocation” simply refers to how you divide your funds among different asset classes, such as stocks, bonds, real estate, commodities, and cash. The goal is to maximize [...]