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Inflation Has Tax Impacts, Too
Inflation has been making every area of our lives more expensive as the costs of the goods and services we use every day have skyrocketed. The Federal Reserve is attempting to lower inflation by using the bluntest tool in its arsenal – raising the key short-term interest rate. This has meant that as prices have continued to increase, they are being followed by higher costs for debt. If you’re carrying a credit card balance, you’ve likely noticed the difference. And hopefully, you have a fixed-rate mortgage. But there may be a small silver lining…
A Disability Insurance Primer
Should you get disability insurance? Read more here to see what the stats say about disability insurance and how it can effect you.
Maximizing the Tax Advantages of Business Ownership
As a business owner, growing your business is one of, if not the most, high priority item you have, day in and day out.
Every stage of your business brings different things to tackle, but they all have one thing in common – taxes.
Avoiding the Penalty for Early Roth IRA Withdrawals
Roth IRAs are also subject to something called the “five-year rule” that determines if taxes are due.
However, there are some situations where you can withdraw funds before the minimum age without paying the penalty. This can come in handy if you need cash to buy a first home, pay for college, or if your family grows.
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