Alternative Minimum Tax (AMT) is a complicated topic in the tax world. While few taxpayers are snagged by AMT these days, due to recent adjustments in the trigger amounts, it still pays for you to understand certain specifics…

Over the past few weeks, there has been a lot of noise about the home loan fee changes being implemented by Fannie Mae & Freddie Mac. Many are saying that bad credit borrowers will be getting better loan terms than good credit borrowers and these good credit borrowers are being punished. Read below as we help you sift through the noise…

​It’s always nice to help the newer generations avoid the mistakes we’ve made. One common thing you hear folks say is “I wish I would’ve saved/invested more when I was younger”. That sounds great, but when we were younger, the benefits didn’t seem real. There was no “tangible” payback that enticed us enough to put away more for the future. Well, here’s a plan for those 20-year-olds out there…

In a recent report to the Secretary of the Treasury, the IRS revealed how it will spend its $80 billion in funding received from the 2022 Inflation Reduction Act provisions…

Homes being used for rental income must be depreciated by law. Depreciation is an income tax deduction that allows a taxpayer to recover the cost of building deterioration on an annual basis. However, it’s not just a “free” tax deduction…

VA and FHA loans are getting cheaper! With changes in fees, more borrowers qualify and save money. See below for specifics…

If you’re a tither/charitable donator and you have long-term appreciated stock, you should seriously consider donating your stock instead of cash/savings…

​Outside of inflation, the main topic of conversation in economic financial circles is the possibility of a recession…

​Fannie Mae & Freddie Mac have conducted their annual home price and loan limit review. See below for changes in conventional loan limits…

Here‘s our annual list of money moves and tax items to consider at year end!

Wait, what? Inflation benefits? Is there such a thing?! Inflation has been the table-talk buzzword for 2022. Below we give you some benefits, yes, some benefits to inflation…

​Several reports say that more than one-third of all credit reports contain errors** with consumer reporting. If you’re victim to failed reporting, you can get erroneous info removed…

If you sell stock, you’ll receive a 1099-B tax form reporting that transaction. You might notice some of the losses are disallowed, due to the wash sale rule…

​Things change. Costs have gone up. Ensure your finances are keeping up with your life and the times. We’re providing you with a review list below…

Home improvements are a great way to increase the value of your home. However, many homeowners neglect an equally important factor: home maintenance. Not only will it add value to your home, but it will also add life to your home and all components. We’re giving you some items below you’ll want to budget for and complete on a routine basis…

Some big changes to Social Security are floating in the news. Not only will Social Security recipients receive an 8.7% increase in benefits for 2023, but there is also a new bill that may change taxation…

Generally, at the end of a lease, most folks turn in their car and look to either lease a new car or purchase a car. However, COVID and recent economic events have changed this from being a no-brainer…

Wow! There’s not much more I can say about the path of rates this year. In my 21 years of providing home loans, I’ve never seen rates shoot up like this in such a short period of time…

​More audits? Better customer service? Everybody wants to know how the added IRS agents and increased IRS funding will affect them…

This is an old classic that is helpful to revisit when your life seems overwhelming and too much to handle. When those times hit, remember the Mayonnaise Jar & 2 Cups of Coffee!

For several years now, many have been wondering if the real estate market is hitting a bubble. We’ve maintained the stance that market timing is never a great strategy, as it can bite you where it hurts! Instead, we always recommend making decisions based on your family and financial situation at the time, taking a short & long-term view in helping make the best buying/selling decisions. With that being said, we wanted to list some benefits to home ownership for your consideration…

Not all income is taxable. It’s especially important for retirees to know what income they can access that won’t be taxed. It’s equally critical for pre-retirees to understand retirement income taxation in helping with their planning…

California has authorized an additional Stimulus, which it is calling the Middle Class Tax Refund. See below for details…

Purchasing a home is a major decision, likely the largest financial move most folks make during their lifetime…