Entering 2021 suggests that income tax filing is not that far behind. Congressional action increased the standard deduction driving many people to no longer itemize their deductions. As a result, and depending on the state tax regime where you live, you may now be unable to deduct some of your charitable contributions and get the standard deduction.
Traditional stockbrokers and the media have long taught the public that the way to provide in retirement and leave something to your beneficiaries is to purchase income yielding stocks and bonds to live on, while leaving the original securities alone. Our firm’s philosophy has always been (and what academics propose) not only is that inefficient for tax reasons but can also cause th
- Nick Saban
- Dabo Sweeney
These are the only active football coaches who have won multiple national championships. When Alabama hired Nick Saban, there were only two active college football coaches with multiple national championships: Bobby Bowden and Pete Carroll. Bowden was two years away from retirement and Carroll was becoming mired in sca
A lot of advice gets passed around that is not necessarily the best for you. Whether it is for your health, your financial well-being or other areas of your life. We tend to get general advice from friends, family, or work colleagues who are ultimately trying to help, but may not be giving the best advice for your specific situation.
A college education has significant, annual recurring rewards for graduates. According to the Bureau of Labor Statistics, individuals with 4-year college degrees earn, on average, almost $25,000 more per year than those who never attended college, while those with professional degrees earn over $60,000 more per year than those who never attended college.
2020 the year that will go down in infamy. Most years we write about general topics that bring awareness and give our readers the opportunity to improve their finances. This year the shifts and turns had us scramble more than a few times to write on a breaking topic. It is hard to call something from 2020 the Best of, so instead let us call this year the Most Impactful BCR®