Making Finances Simple. Changing Lives.
There are several different ways for employees to handle stock options. In this article, we'll discuss two stock option types, Restricted Stock Units (RSU's) & Non-Qualified Stock Options (NSO's)...
The Social Security Administration (SSA) no longer mails out benefit statements to those under age 60. If you fit this demographic, here’s what you should be doing.
VA Loan Benefits
Being a veteran is a huge sacrifice for your country. It should be rewarded in many ways, among them being Veteran’s Administration (VA) home loan perks.
Occasionally when applying for a job, the employer will offer you the ability to be a 1099 Contractor, or a W2 Employee. Which should you choose? It really depends on your goals and current situation.
Stocks have been all over the map the past few months. Many financial advisors suggest down markets can be a great time for Roth Conversions. Read below to see if a conversion is right for you…
There are several considerations when considering what types of investments to make. Below we’ll discuss two different types of investment accounts that are made with after-tax money…
Gift of Equity Loan
With the runup on home prices over the past decade, it can be difficult for first-time buyers to get into the housing market. A gift of equity might just be the perfect solution. Read below as we explain how this can work for you…
Investing in I-Bonds
We’re generally not ones to provide investment advice, as we leave that to the financial advisors! However, with inflation on everybody’s mind these days, we thought we’d share an inflation hedge for surplus funds you may have sitting idle earning next to nothing in savings accounts…
Rapid Rise in Rates
It’s no secret mortgage rates have gone up considerably. In fact, since January 1st, rates have increased more than 2%! It’s the fastest rate rise in several decades. What does this mean for you?
Venmo 1099 Rules
We’ve received a lot of questions about the tax ruling saying the IRS will require 1099’s on all payments over $600 through Venmo and other payment platforms. Here’s why you likely don’t need to worry…
IRS Phone Scams
Tax season is always a time where scams are more prevalent. And with all the talk of cyber attacks due to the events going around our world right now, it’s important to know how to protect yourself…
In recent years, home values have shot through the roof. As a result, many have sold, or are considering selling their rental real estate properties. But is this a good idea?
Taxes on the Sale of Your Car
We generally think of taxes being owed on earned income and investments, not the sale of a car. But with recent inflation and things like cars going up so much in cost, some cars are actually selling at a profit…
Misfired IRS Letters
Over the last couple years, the IRS has sent millions of erroneous automated letters to tax filers, causing mass confusion and frustration. However, there's help on the way…
ARM Loans on Hot Seat
The party appears to be over with all-time low rates . With rates increasing more than one full percent since the New Year, the trend has moved to an upswing. How will this affect fixed rates and adjustable-rate mortgages (ARM’s) moving forward?
Inflation is a major topic these days. You can’t access your TV, radio, or internet without hearing about it…let alone view your expenses without noticing an uptick. Here's what you can do about it…
Tax & Financial Data for 2022
Here’s our annual update on changes with tax & financial data from the previous year. Click below for our expansive Tax & Financial Data form for the 2022 tax year (click on the image to view larger version).
NOTE: the form is double-sided with key data on both sides.
We’re Now Licensed for Home Loans in Idaho…All States for Taxes
Yet Another Increase in Loan Limits
Home prices keep going up, so Fannie Mae & Freddie Mac once again increased conventional loan limits.
Taxes at Year-End
Well, the only constant is change…and that’s the theme once again as we near the close of another year…
There are several considerations when deciding on reinvesting dividends. It’s important to understand the implications before executing your specific strategy.
Muddying The Home Search Waters
We’re in the midst of one of the craziest Real Estate markets on record. Buyers are feverishly competing for homes; some are more prepared for the battle than others. Those are the ones winning. Read below to see how you can win…
We’re receiving numerous emails about mysterious, unexplained IRS deposits showing up in our clients’ bank accounts. While some of these are for the unemployment taxation and excess tax credit adjustments from the CARES Act, many are for advanced child tax credit payments.
Most people who have Health Savings Accounts (HSA’s) use the account to pay medical expenses that occur each year. For many folks, this is potentially a huge mistake. There’s a better strategy!!
Everybody knows we’re in the midst of an absolutely insane real estate market. Home prices have been rising for years now, and COVID only accelerated those increases due to interest rate decreases and supply/demand imbalances. This has created significant issues for buyers!