Posts Tagged ‘yearendplanning’
Top Five Year-End Planning Moves to Consider-Making these moves will impact your financial health for a better future
As the end of the year approaches, it’s an opportune time to review your financial status and make strategic decisions that can impact your financial well-being in the coming year. Implementing certain financial moves before the year ends can potentially save you money, optimize your taxes, and set a solid foundation for the future. Here…
Read MoreDecember: Time to Think About 2025 Resolutions
As the year winds down and the holiday season takes center stage, early December is the perfect time to begin thinking about your year-end resolutions. Starting the process early allows you to reflect thoughtfully on the past year and set meaningful, achievable goals for the year ahead. By giving yourself ample time to brainstorm, refine,…
Read MoreTips to make your holidays more joyful by lessening financial stress
Stress about money can take a lot of the joy out of the holiday season, but a Texas A&M AgriLife Extension Service expert has some tips to help make your holiday season a little merrier through budgeting, prioritizing and considering gifting alternatives. Holiday spending can be a major stressor during the holidays, said Lakshmi Mahadevan, Ph.D., AgriLife…
Read MoreYear-End Charitable Giving Strategies to Consider: Charitable planning should be integrated into overall wealth management
As December 31 approaches, charitable giving becomes top of mind for many individuals. Whether driven by a desire to maximize tax incentives, honor a loved one, or thoughtfully allocate year-end bonuses, this season is a strategic time for philanthropy. For high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals, giving often requires careful planning and involves more advanced…
Read MoreFortify Your Financial Security During the Holidays: A holiday season guide to protecting your financial information from hackers
As the holiday season approaches, the air buzzes with excitement, but it also rings alarm bells for cybercriminals aiming to exploit the festive fervor. Protecting your financial information from hackers during this period demands heightened vigilance and proactive measures. Here’s a comprehensive guide to safeguard your financial well-being during the holiday hustle and bustle: Strengthen…
Read MoreMoney Makeover: Strategic Financial Resolutions for a Prosperous 2024
As the calendar flips to a new year, many individuals embark on a journey of self-improvement. Personal finance is a crucial aspect that often reaches the top of resolution lists. Setting financial resolutions for the upcoming year can pave the way for a more prosperous future. In this article, we will explore eight strategic financial resolutions…
Read More2023 Year-End Financial Checklist
by: Jonathan I. Shenkman, Contributor of Forbes At the start of 2023, prior year uncertainty and economic turbulence persisted, which caused concerns and market volatility. However, as we approach the end of 2023, there is cause for optimism. The market has rebounded, economic data indicates a strong labor market, and wages are keeping up with…
Read MoreThinking About Donating Your Stock to Charity?: Doing so is a powerful tax strategy to optimize your charitable giving
For investors seeking to support charitable causes while maximizing their tax benefits, donating stock instead of cash can provide significant advantages. By contributing appreciated securities to a qualified charity, investors can potentially deduct the full fair market value of the donated stock on their federal income tax return. Here are a few reasons why donating…
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