Tax experts often talk about shifting your tax burden from one year to the next. While in theory it may make sense, how can you make it work for you in practice? The Concept Since the tax code is complex in its construction, there are often opportunities to reduce your tax burden by controlling …
2020 Year-End Financial Checklist
Let’s be honest: this is a long list of things to review. But stick with us. We promise it's worth it! We have given you two paths with this checklist; the shortened review process is first, followed by the detailed process. There is no need to tackle all of this at once, or even in its entirety. …
Social Security Beneficiaries Get a Raise in 2021!
The Social Security Administration announced a 1.3 percent boost to monthly Social Security and Supplemental Security Income (SSI) benefits for 2021. The increase is based on the rise in the Consumer Price Index over the past 12 months ending in September 2020. The increased payments will go to …
