The Financial Minute

How the New Tax Law May Impact Your Tax Refund

In the past I have written extensively about the importance of tax planning.  With the passage of the new tax laws, which reduced the tax burden for most, one might feel tax planning may be less important. Well, nothing could be farther from the truth.  On top of that, the impact may not be what you think! We are well into summer, … Continue reading

Posted in Financial Planning | Tagged , , , , | Leave a comment

The New Tax Bill and You

As I write this, I ponder the timing of this potentially new legislation.  For us planners (and those financially savvy individuals), it sure doesn’t give us much time to act, especially if we are to implement any 2017 year-end moves. Please remember this bill is not yet law.  The information I am using is up-to-date as of December 18th  and based on … Continue reading

Posted in Business planning, Fee-Only Financial Planning, Savings, Taxes | Leave a comment

Dow 22K: Now What?

Last week the Dow hit a record high of 22,000. This record spurred lots of conversation throughout the financial media, and the media here in Nashville  was talking about it, as well.  Nashville NBC affiliate (WSMV) reached out to me for an interview.  You can see the story here. The question is: Dow 22K, now what? To expand on the comments I … Continue reading

Posted in Fee-Only Financial Planning, Financial Planning, Investments, Retirement, Savings | Leave a comment

Your Last Wishes

In a recent meeting with a client, we were deep in conversation about estate planning.  The client mentioned she had a few final wishes she wanted to be carried out.  She asked if these wishes needed to be written into one of her legal documents.  While I am not an attorney, I was able to lend her some simple advice. Most of … Continue reading

Posted in Estate planning, Fee-Only Financial Planning | Tagged , , | Leave a comment

BREXIT and You

I’m sure most of you have heard that last Thursday, July 23rd, the United Kingdom voted to separate from the European Union. I’m also sure you noticed the market slide of over 3% the following day, Friday July 24th.  The effects of this break-up will be months in the making, and the powers-that- be state the emancipation will take place over the … Continue reading

Posted in Financial Planning | 1 Comment

It’s Different this Time…or is it?

Okay, the stock market is taking a beating. First things first, take a deep breath!  The sky is not falling…just meager snowflakes on this cold winter day here in Nashville.  I turned on the financial networks this morning to find the usual suspects spewing fear.  Run for the hills! Remember the talking heads are there to drive ratings. They are not there … Continue reading

Posted in Fee-Only Financial Planning, Investments | Leave a comment

Wrapping Up 2015

As we come to the close of 2015, we can look back and review a year that was just plain odd.  We spent most of 2015 waiting for the Federal Reserve to raise interest rates.  Finally, in December, they pulled the trigger for a quarter percent increase.  The market initially cheered this move but has since declined, which is more in-line with … Continue reading

Posted in Fee-Only Financial Planning, Financial Planning | 6 Comments

Tax Update October 2015

I was fortunate to recently attend a two day tax conference sponsored by The National Association of Tax Professionals (NATP). I am a long time member of this great organization that supports tax professionals through education, research assistance, and professional fellowship.  After two days of tax lectures (and yes, surviving!), here’s a list that of items that I culled from the vast … Continue reading

Posted in Fee-Only Financial Planning, Taxes | Tagged | Leave a comment

TN Sales Tax Holiday 2015

It’s that time of year again. It’s back to school time, which means it is time to buy school supplies.  Thankfully, our fine State of TN has a sales tax holiday to help us all save a few bucks. This year’s Sales Tax Holiday begins Friday, Aug 7th at 12:01am and ends at 11:59 on Sunday, Aug 9th. For those of you … Continue reading

Posted in Fee-Only Financial Planning | 2 Comments

Greece and You

There has been a good deal of talk recently regarding Greece and its financial situation.  Will the country decouple from the Euro?  Will they accept another bailout deal? Of course, this has littered our newspapers and news headlines…and to the point of concern for many. After a recent vote, The Greek people voted “no” to additional austerity measures proposed by their creditors … Continue reading

Related Posts Plugin for WordPress, Blogger...
Posted in Financial Planning | Tagged , | 7 Comments