If you want to save more money in this year, you’re definitely not alone. A Fidelity Investments study found that 44% of Americans want to boost their savings. (Dallas Tax Strategy: Prepare For Retirement in 2021) Increasing your retirement savings could be your ultimate money goal this year, as one survey found that 27% of respondents stopped saving for retirement last year in 2020. … Read More
DFW Tax Reduction Experts: Saving Money During Tough Times
Having a good savings plan can keep you afloat even when times are changing. (DFW Tax Reduction Experts: Saving Money During Tough Times) Here are things to think about to simplify your spending: Create separate spending accounts for monthly costs If you look at your bank balance and see $1,000 sitting there, you might think it’s a good time to … Read More
DFW CPA Tax Pro: Painless Cash-Saving Tips
Many of us have more time than cash nowadays. If this includes you, then make the most of your free time by making smart financial moves. (DFW CPA Tax Pro: Painless Cash-Saving Tips) If you have time but no money, it’s time to become the best version of yourself. What separates successful people from people who struggle financially is often … Read More
Dallas Tax Savings: Best States For Retiring
Even in retirement you’ll likely owe your fair share of taxes. If your retirement savings are kept in a 401(k) or traditional IRA, you’ll generally have to pay income taxes on your withdrawals each year. You’ll also typically be responsible for federal taxes on your Social Security benefits. Depending on what state you live in, you could pay state taxes on … Read More
Flower Mound Accounting Help: Biggest Retirement Mistake
Without your own savings, you may risk struggling to pay the bills in retirement. That’s why it’s crucial to contribute money to your nest egg throughout your working years. But the type of account in which you house your money could decide how much growth you see on your savings. And in this regard, a large number of Americans are … Read More
DFW Tax Pros: Save Your Business Money
How did you feel about making more money? (DFW Tax Pros: Save Your Business Money) You probably could achieve this by working harder, but what if you could be smarter with the money you earn now? Having more money by being smarter, rather than by working harder, is something you shouldn’t overlook. Tax planning is one way to work smarter. Tax planning is not just implementing … Read More
Dallas Texas CPAs: Make Your Money Last In Retirement, Part I
Many of us worry about running out of money in retirement. That make sense since we don’t know how long we’ll live, what our future costs might be, and what kind of returns we can expect on our savings. (Dallas Texas CPAs: Make Your Money Last In Retirement, Part I) But there are ways to boost the odds that your … Read More
Dallas Business Advisors: Stretch Your Retirement Savings
People are living longer, which means your retirement years are longer, too. But do you have enough money saved up to have a long, healthy retirement? (Dallas Business Advisors: Stretch Your Retirement Savings) Watch out for fees. You’d be flabbergasted to see how much of your retirement can go to administrative fees. Many savers focus solely on their returns, not … Read More
What Millennials Should Do With Extra Cash
Some younger people may be holding on to a lot of cash, studies show. Doing so may not be the best option. If you’re lucky enough to have extra cash sitting around, here is some smart financial planning advice on what to do with it: For instance, a survey released this week by UBS Wealth Management Americas found that millennials who … Read More