Tax Implications of Day Trading
Are you a day trader? In addition to being highly risky, there are tax implications!
In What Order Should an Investor Tap His Funds?
The “Money Talks,” hosts discuss a listener’s decision to begin withdrawing the funds he has saved and grown over the last 30 years. They cover which accounts to tap first, how to control his tax situation, and the importance of having a financial plan.
In the News: Pandemic lessons can lead to better financial habits
In the Marietta Daily Journal, Bil Lako, CFP®, explains that while 2020 was a financially difficult year for many individuals, 2021 may offer opportunities to learn from our financial missteps.
COVID-19 and the Importance of Disability Income Insurance
The COVID-19 pandemic has increased the chances of getting sick and not being able to work for an extended period, making disability income insurance (DI) more important than ever, regardless of your age.
Financial Aid Changes on the Horizon
New changes to the FAFSA, including a significant reduction in the number of questions, will take effect for the 2023-2024 school year.
Are You Ready for Tax Season?
Tax time is right around the corner — Are you prepared? We outline where to begin, what’s new for 2020, and which transactions deserve extra attention.
Pandemic Lessons Can Lead to Better Financial Habits
2020 was a difficult year financially for many people. Hopefully, 2021 will provide an opportunity to right the wrong financial moves made last year.
In the News: Coverage lapse? All may not be lost with LTC policies
In the Marietta Daily Journal, Bil Lako, CFP®, explains what happens when you let your long-term care insurance policy lapse. Good news is all is not lost!
Increased Business Meal Deductions for 2021 and 2022
For 2021 and 2022 only, the Taxpayer Certainty and Disaster Tax Relief Act of 2020 allows businesses to deduct 100% of business meal expenses.
IRA and Retirement Plan Limits for 2021
Many IRA and retirement plan limits are indexed for inflation each year. While some of the limits remain unchanged for 2021, other key numbers have increased.