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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 [...]

24 08, 2023

Retirement Planning for Freelancers and Independent Contractors

By |2023-08-24T15:53:37+00:00August 24th, 2023|

In the ever-evolving landscape of the current labor market, solopreneurs, freelancers, and independent contractors are carving out their paths to success.  You enjoy certain freedoms that traditional employees do not. You can be your own boss, set your hours, choose your projects, and take time off whenever possible.  However, life in the gig economy can sometimes come with a hefty price tag. You likely don’t have an employer matching your [...]

13 07, 2023

How Can Financial Planning Help My Small Business Pay Less Taxes?

By |2023-07-13T19:01:16+00:00July 13th, 2023|

Nobody loves paying taxes, and if you’re a small business owner, you know that every dollar counts — especially if you’re just starting out. Entrepreneurs face an array of challenges, from a shaky economy to supply chain issues and natural disasters, but working with a savvy and experienced advisor will contribute to your success. By implementing some effective financial strategies, you can legally minimize your tax liabilities and free up [...]

23 06, 2023

Why It’s Never Too Late to Start Retirement Planning

By |2023-06-23T15:01:32+00:00June 23rd, 2023|

Retirement planning is a process that involves making financial arrangements now that help ensure you have a comfortable and secure life whenever you're ready (and able) to stop working.  While it may seem cumbersome or unnecessary initially, the benefits of early retirement planning are innumerable. Regardless of your age or current financial situation, it's never too late to start.  Taking action now can significantly improve your financial security and ensure [...]

6 06, 2023

3 Ways to Demystify IRAs for Small Business Owners

By |2023-06-06T16:19:38+00:00June 6th, 2023|

As a small business owner, your success depends on offering a strong value proposition for your customers and employees. Employer-sponsored retirement plans contribute to a positive company culture, which helps you attract and retain top talent. And the numbers back this up — 68% of workers say pension or retirement plans are a critical factor in staying with a job. 87% of Millennials want to learn more about financial planning, [...]