5 Tax Reduction Strategies for High-Income Individuals in 2023
Tax reduction strategies are an integral component of financial planning, even more so for high-income individuals. These individuals fall in high-income groups and are subject...
5 Tips to Benefit From A Financial Windfall
A financial windfall may seem like the best thing to happen to you. However, there is a lot under the surface that you need to focus on...
How To Protect Your Assets From Medical Bills
Every 1 in 3 individuals reportedly has difficulty paying their medical bills. According to the American Journal of Medicine, almost 50% of people who experienced...
How to Budget Using the 50-30-20 Rule
According to a media report, nearly 46% of American cardholders carry their debt from one month to the next. As per the Federal Reserve Bank...
Financial Challenges and Needs of the Mass Affluent Client
According to a recent survey, there are roughly 32.3 million mass affluent individuals in the United States. These people contribute to 26% of the 123...
How to Handle a Large Inheritance
Inheriting a large sum of money or assets can be a life-changing event. While it can bring financial security and opportunities, it can also be...
How to Prepare Your Finances for a Recession
A recession refers to a general decline in economic activity. It is a time when unemployment increases, consumer spending lowers, and the economic output is...
How The New Standard Deduction Will Affect You
As the year comes to an end, it is vital to take note of all the changes made by the Internal Revenue Service (IRS) for...
The Importance of Calculating Your Personal Inflation Rate
Several things can impact your growth when you plan your finances and future goals. A new government policy on tax, your personal debt situation, poor...
2021-2022 Capital Gains Tax Rates
Taxes are a charge that the government levies on the money you make. When you earn a salary from a job, an income from a...
