Blog

By: Kate Hennessy, CFP®

They have absolutely nothing in common, however given the time of year and the weather changing they both seem to be on people’s minds.   I’ve learned lessons and tips from tax professionals throughout the years about ways to reduce our taxes, three of which I think you may find helpful as you think ahead to this year’s tax filing deadline of May 17.

BY: PATRICK R. COTE, CFA, CFP®

The tax field is not typically thought of as very exciting. However, every now and then there is a big change that creates a lot of buzz in the industry. We are in one such period now with several proposed tax plans from President Biden and Congress.

While we don’t yet know which (if any) plans become law, there are a number of important taxation areas being discussed:

BY: SUSAN POWERS, CFA, CPA, CFP®, CPFA

On March 17, 2021, the IRS announced that the federal income tax filing due date for individuals for the 2020 tax year would be automatically extended from April 15, 2021 to May 17, 2021.

2021 Tax Deadline Extension: 5 Key Points

By: Patrick Cote, CFA, CFP®

We believe credit freezes are one of the most effective, yet least-discussed, techniques to prevent identity theft.  They might be little-known because no one, including the credit bureaus, actually makes any money from a credit freeze – unlike credit locks, they are now provided for free.   Putting a credit freeze in place prevents the credit bureaus from sharing your credit report with any third parties, which makes it hard to establish new credit.  The freezes are very helpful for each of us, because

By: Susan Powers, CFA, CPA, CFP®, CPFA

Too many of us have been victims of some type of identity theft but there are many things we can do to help protect ourselves.  This month we each discuss steps you can take now.  These suggested actions are not too time consuming, some are simply good habits we need to remind ourselves to follow.

Step 1 – create your personal my Social Security account. 

https://www.ssa.gov/myaccount/

By: Kate Hennessy, CFP®

As someone who had her purse stolen and was then a victim of identity theft, I am acutely aware of both my physical and financial security. It’s not fun when a bad actor swipes your bag or your personal information.  Although there are multiple steps to prevent your identity from being stolen, in this article I highlight three that sometimes people overlook but should incorporate into their daily lives.

By: Susan Powers, CFA, CPA, CFP®, CPFA

Is now a good time to refinance your home? First determine how long you plan to stay in your home, consider your financial goals and know your credit score, all play a role in your decision about whether - and when - to refinance.

With rates this low, it is worth your time to see what is best for your specific situation.

By: Patrick Cote, CFA, CFP®

You may have heard about GameStop this past week as its stock price has been on a wild ride.  It went from $4 per share last summer to over $325 per share recently, which means an initial investment of $1,000 would be worth over $81,000 just six months later.  Similarly, Bitcoin has been back in the news lately after reaching all-time hi

By: Kate Hennessy, CFP®

As an aunt to 19 nephews and nieces, most of whom are in their 20’s, I often get questions from them about financial planning.  Just getting started in the “real world” can be daunting enough. Here are three financial planning tips to consider for the twenty-somethings in your life:

10/20/2020 - originally aired on Sirius XM Channel 132, Business Radio Powered by the Wharton School

By: Susan Powers, CFA, CPA, CFP®, CPFA

COVID-19 brought financial changes and challenges to many this year and Congress responded with relief packages for both businesses and individuals which may have an impact on your 2020 taxes.  As a result, tax planning is critically

By: Kate Hennessy, CFP®

Sir Winston Churchill once said, “We make a living by what we get, we make a life by what we give.” Giving