How to Reduce Taxes On Severance Pay
You just got laid off. The good news is that your company gave you a higher severance package than you were expecting. Unfortunately, that also …
Forrest Baumhover
Can the IRS Garnish Social Security Payments?
Can the IRS garnish Social Security payments? The IRS can garnish up to 15% of certain Social Security payments under the Federal Payment Levy Program …
5 Important Financial Planning Benefits to Consider
If you feel like your financial situation is a mess, you’re probably right. In fact, if you don’t feel absolutely comfortable with your personal finances, …
Trustee Vs Executor: What’s the Difference?
What’s the difference between a trustee and an executor? Simply put, a trustee is the person or legal entity that is entrusted to carry out …
9 Critical Estate Planning Mistakes to Avoid
Most people completely ignore estate planning, which is probably the most important part of the entire financial planning process. Even people who recognize the importance …
Benefactor Vs Beneficiary in Estate Planning
When it comes to estate planning, the terms beneficiary and benefactor are often used interchangeably. Since this can lead to confusion, it’s important to distinguish …
10 Estate Planning Questions You Should Ask Yourself
You might have scheduled an appointment to see an estate planning attorney to get your affairs in order. An estate attorney can help you organize …
Your Tax Return is Being Processed-What Does This Mean?
You’ve filed your tax return but haven’t received your refund yet. So you’re checking the status of your return on the IRS website, and see, …
7 Reasons Why Tax Planning is Important
Almost everyone in the United States is responsible for paying income taxes on their taxable income. Yet, the last thing anyone wants to do is …
101 Financial Literacy Quotes To Inspire You!
Having a financial education is an important thing. Unfortunately, financial literacy is something that’s not often taught in high school. Because we don’t incorporate the …