April 2019
Reducing Your Life Insurance Costs by Creating a Policy Ladder
Submitted by BCR Wealth Strategies on April 22nd, 2019
I have always believed that it is a rare occasion that insurance should be used for more than insuring something you can’t afford to lose. When considering life insurance, this means using term policies to cover income that your family can’t do without. Sure, on a rare occasion we will find a cash value policy useful for estate planning with tax issues.
Why You Don’t Want a Big Tax Refund
Submitted by BCR Wealth Strategies on April 15th, 2019
Most people would not complain if they got a big tax refund. After all, who doesn’t love free money?! It’s easy to think about a check from the IRS as “found” money and plan a shopping trip accordingly. However, getting a rather large check is not actually as beneficial as you might think.
Big tax refund = LOSING money
Taxes Are Complicated
Submitted by BCR Wealth Strategies on April 3rd, 2019
Taxes are complicated. That is why there are people whose entire job revolves around helping individuals pay the government what they owe. There are so many different variables that can affect the amount you are required to pay that it helps to have a professional assist you. To make it even more complicated, some folks who aren’t experts by any means spread misinformati