In this video, I share a tax-saving strategy that allows you to maximize deductions when purchasing a home. If you’re looking to optimize your tax benefits, understanding the difference between mortgage interest deduction and investment interest deduction is important to effectively execute this strategy. The mortgage interest deduction is limited to loans of $750,000 or less under current tax laws, often leaving homeowners with unused interest expenses that don’t qualify for tax deductions.
If you’re holding Incentive Stock Options (ISOs) and wondering how to exercise them strategically to minimize taxes, you’re in the right place. In this video, I’ll explain the key factors that can help you maximize your tax advantages, such as achieving a qualifying disposition and understanding the Alternative Minimum Tax (AMT).
If you’re wondering what types of insurance you need to protect yourself, your family, and your assets, read on to learn the types of insurance everyone should consider.
When it Comes to Your Hard-Earned Money, It’s Crucial to Find the Right Advisor for You
Hiring a financial advisor can be the best way to develop a strong financial plan and achieve your long-term financial and life goals. Too often, however, people hesitate to seek out the assistance of a professional when it comes to helping them manage their finances – even if they’re struggling. In fact, research on the subject shows that even though 71% of adults need improvement with their financial planning, only 29% take the step of hiring a financial advisor. Some are too nervous to put their money in someone else’s hands or simply don’t feel that an advisor would be beneficial, yet research suggests those who work with a financial advisor have significantly more money for retirement than those who don’t.
So, how do you take this critical step and choose the advisor who is right for you? With something as important as your hard-earned money, you’ve got to find someone you can fully trust. As you consider hiring a financial advisor, keep these common mistakes in mind to avoid them as you begin your process.
The Right Advisor Can Help You Boost Your Small Business Profit While Preparing for Retirement
As a small business owner, have you wondered whether you need a financial advisor? Most often, the answer is yes.
While there are certain parts of running a business that you can teach yourself as you go along, managing your business finances with little or no background may not be one of them. In fact, poor money management is one of the most common reasons businesses fail. If you’d like help with things like building a budget, developing a smart tax strategy, and fine-tuning your cash flow, it may be time to hire a financial advisor. Read on to learn about the benefits and how to choose the best advisor for you.
