By Paul S. McNulty, CFP® With 2020 finally behind us, it would be nice to take a moment to breathe a small sigh of relief. Instead, like it
How To Maximize Your Charitable Giving
By Paul S. McNulty, CFP® There are a lot of people who are struggling right now due to COVID-19, none so much as organizations that rely on
What Changes Are in Store for Your Income Taxes?
You might have heard the news: Congress finally reached an agreement, and our income tax system will be changing in some fairly significant ways. But
A Quick Guide to the Charitable Contribution Deduction
It's that time of year again! Many of you are going shopping, decorating your homes, or preparing for holiday festivities. But don't forget that
The IRS Can Seize Your Tax Refund If…
Like millions of Americans, you might anxiously await your tax refund each spring. Perhaps you're saving for a major purchase, or you're going to be
The Surprising Pitfalls of Accumulating Wealth
Accumulating wealth is always a great thing, right? Well, mostly. Obviously we want you to enjoy financial security and a long, healthy retirement.
Five Income Tax Mistakes to Avoid
Income tax season is in full swing, and no doubt you’re ready to get the arduous task behind you. But don’t get in too much of a hurry. Some mistakes
Why is Estate Planning So Important?
Each year, the IRS performs audits on tax returns, and discovers that many of us are making costly mistakes. But who do they target for these audits?
4 Ways to Prevent Excessive Taxation
Everyone wants to be the guy who earns a sizeable income… until the tax bill arrives! Where taxes are concerned, those in the top income brackets