Top view of a stylish home office desk with a laptop, planner, and coffee cup, showing hands on a blueprint.
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3 Steps to Financial Security: Needs, Wants, and Wishes

Hey there, Michael here. Happy Friday to our community of savvy financial planners and business owners. Whether you’re just starting your financial journey, navigating the middle stages, or nearing the later years of your life, achieving financial security requires a clear and simple plan.  One of the most effective ways to approach this is by…

Person in casual wear making phone call in cafe
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Should My Child Have a Summer Job – Yes or No?

The answer? ABSOLUTELY! Many parents start thinking about summer jobs for their older children when summer rolls around. But it’s not just about earning money—it’s about making intelligent decisions to benefit you and your children. Let’s break down key considerations and opportunities when it comes to making those summer earnings: 1. Understanding Employee vs. Contractor…

From above electronic calculator and notepad placed over United States dollar bills together with metallic pen for budget planning and calculation
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Mastering the Backdoor Roth IRA: A Comprehensive Guide

Fear not if you’ve found yourself hitting the income limits for direct Roth IRA contributions. The Backdoor Roth IRA might be your ticket to tax-advantaged growth. In this step-by-step guide, we’ll walk you through the process, from laying the groundwork with a traditional IRA to navigating the conversion to a Roth. Plus, we’ll highlight key…

Even James Bond Needs Documentation
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Even James Bond Needs Documentation

In his escapades and adventures, James Bond may have used many tricks to escape death. However, even James Bond would have needed documentation to deduct the cost of his Aston Martin. Court nixes most auto deductions:  In the summary judgment issued by a Tax Court Judge, he ruled that the owner of a Long Beach, California-based `…