July 2024

it's the 1st of August & a great time to...

* review all Aug23-July24 tax blogs 

* ask tax questions early (now, or at least before Dec31st)

* take a look at your 2024 accounting (Quickbooks or other)

Imagine having a savings account that not only helps you cover medical expenses but also offers tax benefits along the way. That’s precisely what an HSA is—a special savings account designed for individuals with high-deductible health plans (HDHPs).

Good credit is one of the keys to financial success. Many people suffer from some financial stress over the course of their lives. They may go through periods where debt gets the better of them, unable to pay bills on time or without sufficient income to meet minimum payments.

Improving your home can be rewarding both emotionally and in terms of increasing your living comfort and boosting your property value. However, many home improvements can also be quite expensive. Fortunately, there are ways to ease the financial burden, one of which is leveraging tax credits. 

With financial scams on the rise, it’s imperative to be on guard against all forms of potential financial threats. Unfortunately, some of the most vulnerable people may be your loved ones, especially elderly parents. This segment of the population is less likely to be savvy about scams involving money and about ways to prevent being a victim.