How Much Money Will Dentists Need to Retire Well?

It’s the age-old question with many different answers: how much money do I need for retirement? Dentists face no more investment and savings risks than other people; however, as dentists also tend to earn more money throughout their career, and high-income earners tend to spend more and thus, have a higher cost of living. This … Continued →

Tax Benefits of Qualified Opportunity Zones

Last month on our blog, we introduced Qualified Opportunity Zones as a newer incentive to invest in distressed communities. Introduced in the Tax Cuts and Jobs Act of 2017, Opportunity Zones give businesses and individuals substantial tax savings in exchange for locating or relocating a business or investing in property in a federally designated Opportunity … Continued →

Opportunity Zones Promote Economic Development and Tax Savings

It’s hard to believe that tax reform was passed almost two years ago, and there are still aspects of it that tax preparers and the public are just beginning to understand. One aspect of tax reform that hasn’t received much attention until recently refers to Opportunity Zones. Section 1400Z, a new addition to the tax … Continued →

Feeling Good About Personal Finances

Are you satisfied with your personal finances? If you said yes, you’re among millions of other Americans who are feeling good about their current money situation. The American Institute for Certified Public Accountants (AICPA) calculates the Personal Financial Satisfaction Index (PFSi) each quarter, an economic indicator that measures factors affecting the financial standing of typical … Continued →

Boosting Your Financial Wellness in 2019

By all accounts, America’s economy has been healthy this year. Unemployment rates hover below four percent, and wage growth recently hit a nine-year high. However, The U.S. Federal Reserve is expected to raise interest rates several times next year to temper inflation. In addition, these numbers are dampened by increasing global tensions as the world … Continued →