understanding Tax Brackets

Understanding Tax Brackets

There are many misconceptions about how marginal tax brackets work and how they impact your federal tax return. This is what you need to know: For the 2020 tax year (to be filed by in 2021), the IRS set marginal rates of 10%, 12%, 22%, 24%, 32%, 35% and 37%. Your tax rate depends on… Read more »

Identity Theft Myths

Top 10 Identity Theft Myths

In today’s world it is more important than ever to focus on the things that we can control to better safeguard our financial future. It’s easy to get complacent, lulled into a false sense of security, when there are many other more urgent things to think about. That’s why we assembled the Top 10 Identity… Read more »

Sweetheart Scams

Beware of Sweetheart Scams

Sweetheart scams, also known as romance scams, are becoming increasingly common as people seek out connections online. The FTC reports that Americans lost over $209 million to sweetheart scams in 2019 — which is 40% more than reported the previous year. Sweetheart scammers seek out their victims online, through social media or dating websites. While… Read more »

Your 2021 Financial Checklist

Your 2021 Financial Wellness Action Plan

If your New Year’s resolution is to renew your focus on financial wellness, this 7-step financial action plan will give you the tools you need to succeed. The best part? It’s easy! 1. Check Your Credit Report Credit report errors are more common than you might think, and errors negatively impact your credit score. A… Read more »

Synthetic Identity Theft

Synthetic Identity Theft

The holidays are upon us, and so is the increase in risk for identity theft. Fictional characters are a big part of the season, but sadly they’ve also become a big part of identity thieves’ tool kits as well. According to a Federal Trade Commission Report, over the last five years, Synthetic Identity Fraud has… Read more »

Holiday Shopping

Online Holiday Shopping — Buyer Beware!

The rise of online shopping during the pandemic has led to a proportional increase in online fraud and scams. As the Holiday season approaches, we want to make sure you are armed with the knowledge and the skills to protect yourself. With a little awareness, you can avoid online shopping fraud as the busiest time… Read more »

Homeowners Tax Tips

Tax Tips: Homeowners Insurance

The purpose of home insurance is obvious. The tax rules surrounding home insurance, though, aren’t always so clear. For example, if your insurance won’t cover you for a given loss, are you simply left holding the bag, or can you expect some tax relief? And what about premiums — can you deduct them or not?… Read more »

Auto Accident Checklist

Auto Accident Checklist

An automobile accident can be a confusing and stressful event, but being prepared can help you remain calm. It’s important to know what to do immediately after an accident and what to do in the days following. Immediately After An Accident: Don’t panic. Pull off the road if the accident is minor. If the accident… Read more »

Online Holiday Shopping

7 Tips to Stay Safe While Online Holiday Shopping

As we abide by stay-at-home orders, many of us spend hours in front of the computer each day for work and school. Online retail associations expect online holiday sales to surge by 25% – amounting to between $182 billion and $196 billion. Add this to a 15% increase in online sales from 2018 to 2019…. Read more »

Auto Insurance

The ABCs of Auto Insurance

Whether you already have auto insurance or are considering buying some, you may be wondering how much is enough and which types of coverage you need. Here are a few tips to get you started: A is For Auto Policy When you purchase auto insurance, you enter into a written contract with your insurance company…. Read more »