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2022 has been a challenging year! We’ve seen markets hit lows with virtually every market segment falling in value, including bonds. Inflation skyrocketed, hitting rates the US has not seen in 30 years. The most recent Consumer Price Index numbers were released this morning, reflecting a 7.1% inflation rate for the United States through November(1). This comes as reassuring news, as many economists were expecting higher numbers to close out the year. Albeit, 7.1% is still mighty high.

There is no doubt that the rapidly growing inflation rates seen around the world in 2022 have severely impacted Americans. September 2022 numbers show the US inflation rate hovering at about 8.2% for the previous 12 months(1) as American families struggle to keep up with rising costs of basic needs like food and gas. The IRS recently released adjustments for over 60 tax provisions in response to the overwhelming inflation rates...

Found money is really so much more disposable than earned money. It really is easier to spend “found” money on something fun, whereas earned money feels like it must be treated with extreme prudence. A tax refund can really feel like found money and often it gets treated as such. I know many friends, clients, and even myself have spent tax refunds on fun purchases like electronics and vacations. I get it. It's nice to feel like once a year you're getting a little windfall that you can spend on something fun, but I’m here to tell you there are good reasons to not want a refund.

It's that time of year again where most Chrysler employees will be eligible to receive their annual profit-sharing check on March 15th. This year, approximately 43,000 U.S. hourly workers will receive up to $8,010 in profit sharing. This is a major annual event that occurs for most Chrysler employees. If you are looking for ways to maximize this benefit beyond its fullest potential here are a few tips:

It's that time of year again where most Ford Motor Company employees will be eligible to receive their annual profit-sharing check on March 10th. This year, approximately 56,000 U.S. hourly workers will receive up to $7,377 in profit sharing. This is a major annual event that occurs for most Ford Motor Company employees. If you are looking for ways to maximize this benefit beyond its fullest potential here are a few tips:

It's that time of year again where most General Motors employees will be eligible to receive their annual profit-sharing check on February 25th. This year, approximately 42,500 U.S. hourly workers will receive up to $10,250 in profit sharing. This is a major annual event that occurs for most General Motors employees. If you are looking for ways to maximize this benefit beyond its fullest potential here are a few tips:

Each spring, the tax documents emerge from their hibernation as people prepare the information they need to meet their civic duty. Oftentimes, your accountant (CPA) or Financial advisor might take this opportunity to talk to you about deferring some of your income for tax purposes, but what does that mean, and is this right for you?

Two things in life are certain: death and taxes, but have you ever considered the impact your death has on the taxability of your assets? Depending on how you are saving, you could potentially be passing a tax burden onto your heirs.