The year is already halfway over, but it’s never too early to start thinking about ways to reduce your tax bill. Early planning can help make a significant difference in what you will owe come tax time. Here are some options to consider when preparing to reduce your taxes.Review your tax withholdingIf you work for an employer, you will have completed a W-4 form. This advises … [Read more...] about Tax Saving Tips for the Rest of the Year
News and analysis for those planning for or living in retirement
From MarketWatch: I’m 33, earning $120,000 in tech, want to retire at 40, but have expensive medical needs — how can I achieve financial independence?: Financial independence is a great goal, but there’s a lot to consider — especially when health care is a concern. Large Social Security COLA may spark debate about appropriate index: The cost-of-living adjustment … [Read more...] about News and analysis for those planning for or living in retirement
What is the new child credit for 2021? – The Oakland Press
Q: What is the new child credit for 2021? A: Each child will receive a $3,600 credit if under age 6 and $3,000 if age 6 to 17. Families will get advance credits in their bank accounts starting July 15th at a rate of $300 per month if the child is under age 6 or $250 per month if age 6 or older. The advance payments will total 1/2 of the child credit and the other 1/2 will be … [Read more...] about What is the new child credit for 2021? – The Oakland Press
Certified votes show Taylor councilman’s write-in campaign a success – The News Herald
The Aug. 3 primary election results have been certified and now it’s clear who made the cut for Taylor City Council — and how one candidate’s write-in campaign affected the outcome. A field of 16 candidates were on the ballot for council, along with three write-in candidates. The results, certified by the Wayne County Board of Canvassers, show the top 14 candidates moving on to … [Read more...] about Certified votes show Taylor councilman’s write-in campaign a success – The News Herald
Our Retirement System Isn’t Working the Way It Once Did | Harrison Fiduciary Group, LLC
Years ago, people could rely on their company’s pension plan to provide a comfortable retirement, but those days are long gone. The newer defined contribution system shifted the burden of planning for, and funding retirement, away from corporations and placed it squarely on the shoulders of American workers. You could argue that it’s not enough, but you can’t argue that there … [Read more...] about Our Retirement System Isn’t Working the Way It Once Did | Harrison Fiduciary Group, LLC