A Legacy That Lasts
Many of my clients find it very rewarding to give to their favorite charities while they are alive. Not only do the non-profit organizations greatly appreciate the year-to-year cash flow that it provides, but I can tell that my clients enjoy getting to see the impact that their donation makes. As an advisor, my goal is to help my clients achieve their charitable goals in the most tax efficient way possible.
Kinetic Energy And The Pitfalls Of Saving Too Aggressively
Many young and ambitious people want to be aggressive with their saving. For some, it can reach the point where it becomes a stressor in their life. The windmill example is just one way to show that maximum efficiency is not always possible.
The First-Time Home-Buyer’s Guide | Part III
In 2019 my wife, Joslyn, and I set out to build our first home together. In an effort to share our journey with other first-time home buyers, I chose to document our experience in a three-part series titled “The First-Time Home Buyer’s Guide.” To close out the series, I’d like to reflect on some of our unexpected challenges and offer my final thoughts on reaching this major milestone.
5 Ways Inflation Will Begin To Impact You
Naturally, with all of this money floating around in disposable accounts, there is a real fear among investors and business owners that—as we have already seen in lumber, steel, and housing prices—high inflation may be looming. As of today, inflation has not been a major factor, but we are seeing some activity.
Financial Planning For Your Growing Family
As a family, it has been a priority to allow our financial plan to grow as our family grows. To do this, we’ve considered the following topics, and we encourage any individual or family who is currently experiencing (or expects to experience) a major life change to consider them alongside us.
The First-Time Home-Buyer’s Guide | Part II
The first thing to determine when thinking about purchasing a home is how much you can actually afford. When it comes to home-related expenses, there are three transactions to think about: 1) the down payment for the home, 2) the monthly mortgage and 3) the upkeep that goes into maintaining your house.
New Long-Term Care Payroll Tax: Should You Opt Out?
Long-term care pays for services designed to meet a person’s health or personal needs as they age and require additional help completing their daily activities.
Starting January 1, 2022, employers will begin withholding a new payroll tax from employee paychecks as a premium payment for the new long-term care benefit.
Is The SBA 504 Loan Program Right For Your Business?
Conventional bank financing requires a 20% or more injection towards the total purchase or project cost of a construction project, but the SBA 504 program will typically require only a 10% injection of the purchase price or total project cost.
The SBA Loan Types Business Owners Should Know About
After working with a number of local small business owners, I thought it would pertinent to discuss three popular types of SBA lending options that are available here at CFB: 7(a) loans (most common), 504 loans, and the SBA express loans/lines.
Is Short-Term Inflation On The Horizon?
In the next few weeks, we certainly could see an increase in supply shortages and empty shelves as employment continues to recover from the shutdown.
