Estate Planning Grid

Is Estate Planning Tax-Deductible?

Estate planning is never a fun topic to talk about, but it’s extremely important in managing our money and assets well after we pass on. Without estate planning, the government is put in charge and things can get much more difficult for friends and family.

A common thought is that estate planning is only for the rich and successful. But that isn’t true at all. Everyone has some kind of estate, whether that’s owning a 2001 Toyota Corolla, multiple real estate properties, a treasured family heirloom, or having money in investment or retirement accounts.

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Tax pro vs. tax software. Do you need to hire an accountant for taxes? #taxtips

Tax Software vs. Accountant or Tax Pro: Should I Do My Own Taxes?

One of the most common questions I’m frequently asked is, “should I do my own taxes this year?”

It’s a new tax season and many of you all will be receiving your W-2s soon. The next step is to choose how you want to file your taxes this year.

Should you use a tax software or hire a tax pro?

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dave ramsey baby steps

What is the Dave Ramsey Plan? (Baby Steps Explained)

Have you ever wondered if the Dave Ramsey Plan could really work for you?

Don’t worry, I was a skeptic just like you when my girlfriend (now wife) first told me about it.

You probably already know that personal finance is an ever-growing topic because it has an affect on everyone. Every individual is exposed to money in some capacity and it is important to understand how it works.

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Guide to Social Security Benefits

Do You Have to Pay Taxes on Social Security Benefits?

Question of the Week: Should I file a Tax Return If I Receive Social Security Benefits?

Many people who receive Social Security benefits always wonder if their benefit is taxable and if they should file a tax return. To help answer this question, let’s first determine what Social Security benefits are.

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Claiming tips on tax return.

When and How to Claim Tips on Your Tax Return

Do you know how to claim your cash tips on your tax return?

You may not know it, but all tips received are income and subject to federal income tax?

This includes tips:

  • Received directly
  • Charged tips paid by employer
  • Shared tips received under a tip splitting or tip pooling arrangement
  • The value of non-cash tips, such as tickets, passes, or other items

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