HSA (Healthcare Savings Account)
Have You Gotten Bad Tax Advice From Novices?
Submitted by Desmond Wealth Management, Inc. on October 27th, 2023Top 10 Legitimate Tax Strategies Every Physician Should Know To Safeguard Their Finances
Submitted by Desmond Wealth Management, Inc. on October 16th, 2023Recently, the Internal Revenue Service (IRS) has markedly intensified its efforts to uncover instances of tax evasion, leaving no room for tax dodgers to go unnoticed. A striking case that serves as a stern reminder of this heightened scrutiny involves Dr. Fares J. Rabadi, a dedicated physician based in Los Angeles. Dr.
Six Financial Best Practices for Year-End 2022
Submitted by Desmond Wealth Management, Inc. on November 22nd, 2022Health Savings Accounts: The Ultimate Retirement Account
Submitted by Desmond Wealth Management, Inc. on April 22nd, 2022It isn’t easy to make predictions, especially about the future. However, there is one prediction we’re confident in making: you will have substantial out-of-pocket expenses for health care after you retire. Personal finance experts estimate that an average retired couple age 65 will need at least $300,000 to cover health care expenses in retirement.
You may need more.
Tax Planning in Turbulent Times Part 1: The Tools of the Tax-Planning Trade
Submitted by Desmond Wealth Management, Inc. on October 16th, 2021Whether you’re saving, investing, spending, bequeathing or receiving wealth, there’s scarcely a move you can make without considering how taxes might influence the outcome. No wonder people get nervous when there’s lots of talk about higher taxes, but little certainty on what may come of it, and who it might affect.