Financial Guidance That Brings Clarity
Can I claim medical expenses on my taxes?
December 2, 2019

Your total medical expenses, including premiums, must surpass 10% of your AGI to be deductible. Here’s a little backstory to help you understand this deduction in context. In 2019, the IRS allows taxpayers to deduct the total qualified unreimbursed medical care expenses for the year that exceed 10% of their adjusted gross income (AGI). Note […]

“Side Hustle” or just “Hustle”?
November 13, 2019

Several years ago, my wife and I set an ambitious financial goal for our family. As a way to temporarily increase my income, I decided to embark on the millennial rite of passage known as the “side hustle.” While the term “side hustle” is used broadly to describe part-time or temporary work in addition to […]

Life gets busy and things inadvertently get postponed, but getting your credit report should not be one of those items. However, you may find yourself asking, “Why should I care about my credit score or what’s on the report? I don’t like debt and I’m surely not getting a loan anytime soon!” To better answer […]

How Long Do I Keep…
July 8, 2019

Bills, mortgages, bank statements, brokerage statements, credit card statements—being an adult certainly does require a lot of paperwork. Here is a guide for how long you should keep different kinds of financial records before putting them through the shredder (and yes, it should be the shredder, not the trash). Tax Documents: Keep tax-related records for […]

No Need to Tip Uncle Sam
April 23, 2019

With tax season not quite in the rearview mirror, it seems like an opportune time to mention some takeaways from the changes brought about by the Tax Cut and Jobs Acts (TCJA) as well as revisit some tax-related topics. While it may be too late to make any significant changes to your 2018 return, it’s […]

Time vs. Money
January 13, 2019

For many people the start of a new year is a chance to re-focus on things that are important to them, whether it is health, relationships or finances, a turning of the calendar means a fresh start. So as we prepare for a New Year, I wanted to share a personal story that challenges the […]

Why Do I Need a Contingent Beneficiary?
October 22, 2018

Recently, as part of “Walking with You on Your Journey,” we have begun a review of the beneficiaries on your accounts. We are doing this as a way of making sure your assets are distributed to whom you wish and in the most tax-efficient manner. Most people, if they are married, name each other as […]