If you want to reduce the money you owe the IRS, you need to claim all of the tax deductions and credits that are available to you. Both deductions and credits can have a big effect on reducing your tax bill, but they are definitely not the same -- and one is much more valuable than the other.
Planning for significant life transitions is central to financial planning. As recent first-time parents, we can say with confidence that there may be no greater transition in life than starting a family.
While many in the LGBTQ+ community do extremely well for themselves, a large number struggle for basic things like housing and food. Wherever you stand – it is important to be proactive and take steps to make smarter financial decisions.
A clear understanding of personal expenditures and savings rates is essential for securing a strong financial future. A financial plan can help everyone from the extraordinarily wealthy to those struggling to make ends meet.