Financially Speaking Blog
The Future Of Social Security
Many Americans are concerned about the future of Social Security because, for a lot of people, Social Security income is one of the most important elements of their financial strategy…
Social Security, Medicare, and HSAs
By Elaine Floyd, CFP® If your employer health plan is a health savings account (HSA) paired with a high-deductible health plan (HDHP), you may have a problem when you turn…
How Savers and Spenders Can Meet in the Middle
Couples who have opposite philosophies regarding saving and spending often have trouble finding common ground, and money arguments frequently erupt. But you can learn to work with – and even…
Economic Fallout and Elections: Myth vs. Reality
The upcoming presidential election is already dominating the news. While many people presume if their preferred candidate doesn’t win there will be negative economic fallout, more than 90 years of…
7 Ways To Minimize Audit Risks
1. Filing A Return Before They Have All Their 1099s & W-2s You’ve probably heard it before, but let’s start with the basics. One of the biggest mistakes folks make…
How To Get Tax Savings On Charitable Contributions
By Debra Taylor, CPA/PFS, JD, CDFA Qualified charitable distributions from an IRA provide individuals over 70½ with a way to receive income tax savings on charitable gifts- even if they…