Understanding Credit & Strategies for Improving Your Credit Score

Understanding Credit & Strategies for Improving Your Credit Score

You can think of a credit score as your report card for how effectively you manage your finances, specifically your loans. The myth is that a credit score is a measure of how much debt you have, and that racking up more debt will result in a higher credit score. The truth, however, is . . . .

5 Ways The SEC Says "Screw You" to Investors with Regulation Best Interest

5 Ways The SEC Says "Screw You" to Investors with Regulation Best Interest

The recent approval of the SEC’s Regulation Best Interest (Reg BI) has killed any hope that financial advisers at Broker/Dealers would finally be required to be fiduciaries for their clients. The SEC went out of its way to create a regulation that would confuse consumers into thinking they have legal protections, when they don’t.

Itemized Deductions - Meet the Walking Dead

Itemized Deductions - Meet the Walking Dead

Don't assume this year's taxes and tax deductions will be similar to last year's taxes. The tax reform bill, which passed in December 2017, gutted most of the deductions and maimed many of the rest. Just like characters in . . . .

Standard Deduction for the Blind and Those Over Age 65

Standard Deduction for the Blind and Those Over Age 65

The Standard Deduction is the amount every taxpayer can deduct from their income, and with the changes to the tax law, more taxpayers than ever will now be taking the Standard Deduction. A lesser known fact about the Standard Deduction, however, is it can be increased for those over age 65 or who are blind.

5 Things to Do In Response to Last Week’s Market Drop

5 Things to Do In Response to Last Week’s Market Drop

The end of last week saw a stock market drop which has many spooked. Words like ‘market crash’, ‘historic drop’, and ‘recession’ abound and many are selling their investments in fear of a massive downturn. Here are the 4 things you can do to keep the market downturn from ruining your financial plan.

IRS Opens Door to Student Loan Repayment Employee Benefit

IRS Opens Door to Student Loan Repayment Employee Benefit

While it currently only applies to one company, the IRS has opened the door for companies to being offering an employee benefit whereby workers have an opportunity to both pay down student loan debt and save for retirement with the same dollars.