How to Make Better Decisions

How to Make Better Decisions

Posted: October 11th, 2018 | Author: | Filed under: Personal Financial Planning | Tags: , , , , , |

By understanding, identifying, and mitigating the common problems inherent in the decision-making process, we can improve our decisions and gain greater confidence.

When making important decisions, such as whether to make an investment, how to deal with certain income taxes properly, whether to move, what do to about a new or current job, or how to respond to sharp declines in financial markets (or sharp appreciation), a common process goes as follows: Read the rest of this entry »


New U.S. Tax Law – New Tax Rates for Businesses in 2018

Posted: June 6th, 2018 | Author: | Filed under: Income Tax Planning | Tags: , , , , , , , , , |

The Tax Cuts and Jobs Act (TCJA) passed in December 2017 created sweeping new tax law changes. This article is about businesses and entities. For more information about changes to individual and family income taxation in 2018, see this article.

The following rates took effect January 1, 2018.

New Federal Tax Rates for 2018 for Businesses/Entities

Read the rest of this entry »


Understanding Medicare in Retirement

Posted: May 11th, 2018 | Author: | Filed under: Retirement Planning | Tags: , , , , , , , |

According to AARP, couples age 65 who retired in 2017 were estimated to pay $275,000 for health care over the course of their retirement. This is a 6% increase over 2016’s projections, and over a 70% increase since annual research began in 2002. The majority of retirees will enroll in Medicare to help cover medical costs during retirement. However, there are several things you need to know about how Medicare works, and how to enroll in order to avoid penalties. Read the rest of this entry »


New U.S. Tax Law – Tax Rates for Individuals/Families in 2018

Posted: January 3rd, 2018 | Author: | Filed under: Income Tax Planning | Tags: , , , , , , , , , |

A sweeping new income tax law has been passed (H.R. 1), known as the Tax Cuts and Jobs Act of 2017, on December 22, 2017. How will it impact you? Let’s take a look.

The following rates take effect January 1, 2018. Read the rest of this entry »