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President Biden is proposing changes to the tax code.While he has often said that no oneĢƵ taxes will go up who earns $400,000 or less, the reality is that most people taxes will go up on Jan. 1, 2026. On that date, the Trump tax cut (TCJA) expires and we revert to the higher rates that ...

When people are retiring before reaching age 65, it can be challenging to find affordable health care insurance.Most companies no longer provide coverage to their retirees. If you do not qualify for a subsidy from the government health exchange, it could cost $800 or more per month. That will ...

On Jan. 1, 2020 the Secure Act became law.It made some major changes to retirement planning. This legislation had wide bi-partisan support because Congress recognized that many people were not saving enough money for retirement. Baby Boomers are the first generation in decades where most people ...

There are many economic issues going on related to COVID-19.A federal judge ruled this week that the Centers for Disease Control and Prevention did not have the authority to stop housing evictions. There are always some evictions even without a pandemic. Some people have hard financial times. ...

At the recent Berkshire Hathaway shareholders meeting, Warren Buffett said he sees, “very substantial inflation and rising prices.”His company owns one of the major home builders, Clayton Homes. Among some of his other companies are Benjamin Moore paints and Shaw carpeting.“We are raising ...

The experience from the pandemic over the last 15 months should have made us more aware of the need for estate planning.This is a subject that many people do not like to think about or put off and plan to get to it later. Over 500,000 people lost their lives during this crisis and many of them ...