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2/5/2025 Tax & Financial Data for 202512/18/2024 Annual Home Loan Limit Changes2025 will see another increase in limits for conventional home loan limits, which can be very helpful for those considering new financing on a home…
12/12/2024 Year-End Tax Items11/14/2024 Common Home Title Vesting OptionsThere are many considerations when deciding how you’ll hold title on your home. Below are some common ways to hold title…
11/7/2024 Milestone Birthday Financial Tasks10/15/2024 Tax Planning on HoldYear-end is always a popular time for folks to consider their tax planning and corresponding moves. This year may be different…
Just over three weeks ago, the Federal Reserve (FED) cut interest rates by .50%. However, since that time, mortgage rates have notched up by .50%. So why did rates increase after the FED decreased rates?
9/12/2024 HELOC or Home Equity Loan?Homeowners looking to access home equity have a number of possibilities, including a cash-out refinance on their existing loan, or deciding between a HELOC and a Home Equity Loan. Which should you choose?
9/5/2024 83b Election on Stock OptionsFolks with stock options often have their employers present them with an 83b election option. What is a Section 83b election and should you file one?
8/8/2024 Better Rates Ahead?We’ve all been waiting for interest rates to fall. It’s taken longer than most expected. But are there greener pastures ahead?
There’s a new reporting requirement businesses need to comply with in 2024. See below for details and how this may apply to you…
Where you choose to buy a house is one of the biggest choices you’ll make in life. Below are 10 considerations when selecting your new neighborhood…
The current stock market rally presents opportunities for tax-gain harvesting. See below for details on this strategy…
5/23/2024 FDIC Insurance Limits to KnowThe Federal Deposit Insurance Corporation (FDIC) is an agency of the U.S. government that protects bank depositors against loss of their insured deposits if an FDIC-insurance bank or association fails. It’s important to know how your FDIC-insured funds are protected…
5/16/2024 Taxes on Roth IRA WithdrawalsRoth IRA’s have very specific rules in regard to the handling of taxes on withdrawals. There are several nuances to be aware of before taking distributions…
4/25/2024 Get Home Loan for Tax Deduction?We’re often asked “Should I get a home loan/mortgage for an added tax deduction?” While this question has many layers, most often the answer is that you should not. We dive in deeper below…
For tax purposes, donations are essentially grouped into two categories: 1) Monetary 2) Non-Monetary (property). Each are handled differently when it comes to your tax return reporting…
3/7/2024 What To Do When Missing a W2It’s tax time, so you’re no doubt scrambling to put together all your tax forms. But what do you do if your employer has yet to provide your W2?
2/29/2024 Strategies for Limiting RMD’sOnce you reach age 73, Required Minimum Distributions (RMD’s) must be accounted for with certain retirement plans. Below we detail a few ways to limit your RMD’s…
12/18/2023 Home Loan Limit ChangesHome prices have continued to climb, and so with that comes another increase in maximum conventional loan limits. See detail below…
11/23/2023 Good Time for Long-Term CD's?With the FED raising rates considerably over the past 2 years, saving accounts and CD yields have climbed right alongside the FED Funds Rate. But with the FED signaling an end in sight, is now the time to lock in these higher rates on your surplus funds?
11/16/2023 PayPal & Venmo 1099 Changes, AgainLast year we wrote this article detailing the American Rescue Plan Act changes to reporting requirements for payment apps like Venmo, PayPal, etc. However, in late 2022, these requirements were delayed to 2023. And now, there’s been an additional delay…
10/19/2023 Inflation On The Rise…Again?Inflation has been a major economic concern over the past couple years and the FED has been raising rates ever since fears surfaced. But with recent inflation reports, are rates still going to be going up?
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