With basically four months left in 2018, it is important to start thinking NOW about tax planning for 2018. The Trump Tax Cut & Jobs Act made serious deviations in the tax system.
Whether you are an individual or a business it is time to take a deep dive into what 2018 will look like for you. Ignorance will not be your friend at tax time. Get focused now and be proactive in your planning.
These are my five ways to Eliminate Tax Shock in 2019.
We are in the middle of a Texas heat wave and it is just unbearable.
For those of you that have migrated to Texas in the last five years, I say welcome to Texas heat. We have had “mild” summers over last five summers and just so you know and understand, we have not gotten to the hot part. That comes in August.
I was scrolling through my Facebook feed yesterday and I saw that Chris Gescheidle had several posts where he was selling bicycle gear and helmets. Chris is a great cyclist and triathlon coach. I called him to make sure that he was not giving up cycling. I still believe that there is a day in my future where I will be the windshield and he will be the bug on one of our rides. (Take a moment and ponder that)
Chris assured me that he was not giving up cycling but that he and Dana, his better half were focused on decluttering their lives. I totally understand how he feels and I have experienced the freeing feeling of making life simple. With the idea from Chris and Dana, I give you my Top Five Ways to Beat the Heat Financial Olympian™ Style and make life simpler.
Worse than New Year Resolutions or being over served NYE is the Christmas spending hangover.
When it comes to holiday shopping, the good news is 65% of Americans set a holiday budget, according to Coinstar’s 2017 Holiday Survey. On the negative side, 77% of the 2,000 people surveyed expect to exceed their budget and only 37% will put a post-holiday budget plan in place to recover.
Of the 77% of those surveyed who expect to go over budget, most only expect to do so by modest amounts. In fact, combining those who expect to go over by no more than $50 (31%) and those who plan on being $51-$100 over (21%) accounts for more than half of consumers. Another 15% plan to be $101-$250 over their budget while 10% will spend more than $250 more than they planned.
It may be 20 weeks until Black Friday, however, today is the day to take the steps necessary to eliminate the January 2019 blown budget and have another overspending hangover.
Here are five money tips from the Financial Olympian™ for Christmas, Hanukkah, or whatever the holiday is that you and your family celebrate.
It’s a hang on kinda ride, whispin’ in through space and time,
Rockin’ this big old rock just tryn’a have fun
So let’s drink another beer, here’s to another year,
Let’s take another crazy trip around the sun – Kenny Chesney Trip Around the Sun
Today marks the end of one year and the beginning of another for me. Days like today make you take note of what has gone on for the last year and what may be coming in the year ahead.
I have thought often about the current narratives that are going on in society. I sense a change that has occurred through the lens of social media that is confusing many today.
The job market in the USA is great today. However, the competition for the right job is just as competitive as always and maybe even more. Today future employers are doing a lot more than just looking at your resume and scheduling interviews.
Social Media has changed everything. Before they even contact you they have searched your name, your social posts and probably things you had forgotten about? Remember that “MySpace” profile?
If you make it to the first interview, which today is usually by phone and are successful then it is on to the in-person interviews. Preparation is a key for success. Today’s hiring managers are looking for highly emotionally intelligent candidates.
What is emotional intelligence?
Father’s Day weekend means grilling out. Grilling out has several steps involved. Timing is crucial.
First, there is, “When should I start the grill?”
Which, in the Tannery house, is interpreted by those not involved in supervising the lighting of the grill as, “Can I get you a cocktail or possibly do you need me to refresh your cocktail?”
This window of time before the steaks hit the grill is my favorite time of Father’s Day. For the next 30 minutes or so it like a grown-up campfire. We gather around and talk and drink and snack.
Father’s Day is also a time for relatives and friends to join us and someone inevitably will ask me about a financial headline they read or heard about the past week. Knowing who is attending dinner, I am sure that the “Social Security is going broke” headline will be discussed.
Social Security is NOT GOING BROKE.