Financial

There are many reasons to engage the services of a financial advisor.

Some investors don’t understand the complexities and the array of choices, and they would prefer to have an expert deal with it for them. That’s understandable.

We all want what is best for our children. At an early age, we teach them to eat the right foods, we place them in the best preschools, we encourage them in grade school and high school, and we cheer them on when they excel in extracurricular activities.

Put another way, we want our children to succeed in all aspects of life.

“I have found that the importance of having an investment philosophy — one that is robust and that you can stick with — cannot be overstated.”

— David Booth

Here are a few tips for saving on taxes in your business. Did you know that you can take the home-office deduction, even if you spend more time at a separate location? You may also want to be aware of the survival of the Employee Recreation and Parties tax code through TCJA Tax Reform and how to claim the most benefit.

Henry Wadsworth Longfellow’s poem, “The Midnight Ride of Paul Revere,” retells the story of a patriot who shouts a harrowing warning to his fellow colonists, “A recession is coming! A recession is coming!”

Doctors write prescriptions. Auto mechanics perform tune-ups. Lawyers prepare briefs. Financial advisors help you manage your money. Ultimately, it’s that simple. However, like any other profession, we sometimes have a funny way of saying it.

by Allan Roth

You can reap big savings by giving up an hour.

Have you ever heard someone say that experience is the best teacher? Here’s another one. There are no mistakes, just lessons.

Well, we would like to take a slightly different tack. Experience isn’t the best teacher - someone else’s experience is. Learn from other peoples’ mistakes and you can save yourself a lot of grief.

If your family has trouble with the kiddie tax, you face some new wrinkles for tax years 2018 through 2025 thanks to the Tax Cuts and Jobs Act (TCJA) tax reform. This is one of the many areas where tax planning can pay off.

“Our new Constitution is now established, and has an appearance that promises permanency; but in this world, nothing can be said to be certain, except death and taxes.”

It’s a quote that comes to us from Benjamin Franklin, who uttered the phrase in 1789.