How do you determine the value of your gift of stock? The IRS doesn’t like you to use rough estimates on your tax forms; they prefer a black and white number.
David John Marotta was interviewed on Radio 1070 WINA’s Schilling Show discussing the Equifax breach and Financial Peace University.
David John Marotta was interviewed on Radio 1070’s Schilling Show discussing getting your finances in order.
David John Marotta was interviewed on the Schilling Show discussing the minimum wage, and the reasons keeping (or raising) a mandatory minimum wage could actually hurt some workers.
David John Marotta was interviewed on radio’s The Schilling Show discussing Health Savings Accounts and the recent Healthcare bill passed by Congress.
When you finish your tax preparation, it is time to begin tax planning.
You can’t touch the earnings on your contributions until you’ve had an account open for 5 years and you’re either over age 59 ½ or you meet special exceptions.
David John Marotta was interviewed on the Schilling Show discussing trickle-down economics and taxes.
David John Marotta was interviewed on the radio 1070’s Schilling Show discussing the difference between obstruction and resistance.
David John Marotta was interviewed recently on the Schilling Show discussing the politics of kindness and the difference between intentions and outcomes.
If you’re doing some tax planning this year, here is a quick guide to the brackets.
David John Marotta was interviewed on radio 1070 WINA’s Schilling Show discussing corporate tax rates, and why they should be lowered.
Every year the IRS releases new limits for how much you can contribute to Individual Retirement accounts and Health Savings accounts for the tax year.
Neither party has to pay taxes on gifts up to this gifting limit, and the limit remains unchanged from 2016.
Listen to a discussion on why journalists are usually liberal-leaning and what that means for reporting the news in America.
Here are the limits for how much you and your employer can contribute to retirement accounts on your behalf.
If you want to be really minimalist about your budgeting, here’s what we suggest: the 65-25-10 rule.
Every decade of life brings new financial challenges. Try to avoid these common pitfalls.
What if you do not need all the money from your RMD and you are also charitably inclined?
Is there morality that supersedes legally abiding by the tax code?
If you give away more than 50% of this year’s income, you cannot deduct it this year, but you can carry it forward for up to 5 years.
The IRS has a rule that if you are doing a rollover for a 401(k), you have 60 days to complete that process. But what if you experience a tragedy and can’t finish on time?
David John Marotta was interviewed on radio’s Schilling Show discussing the relationship between the government and college education.
It can be easy to forget about your company’s 401(k) because you aren’t depositing the money yourself, your pre-tax contributions are deducted from your paycheck and are electronically deposited by your employer.
With many types of retirement accounts available, it can be difficult to keep track of how much you can put away where, especially if you are eligible to contribute to multiple accounts.
When you sell an investment that has appreciated, the IRS looks at your tax rate and taxes the gains accordingly.
Which company should you choose when you’re opening a donor-advised fund?
David John Marotta was interviewed on radio’s Schilling Show discussing real estate and its importance in your total net worth.
Here are nine steps you should take to make it more difficult for criminals and identity thieves to steal your personal information.
An easy estate workaround is to set up a Donor Advised Fund as a Testamentary fund, meaning you aren’t funding it yet, but it will be funded upon your death.
There are several strategies for using a donor advised fund which will help determine your asset allocation.
With a little preparation, you can save and invest over your lifetime to meet your financial goals and dreams.
Having a budget as a boundary for your spending gives you the freedom to work within that boundary, and keeps you on track to save for your goals.
You probably know that you should spend less than you earn, but that is only part of the equation.
We tracked the price of a first class stamp over the last 130 years, noting the changes, to show the steady erosion in buying power during that time.
David John Marotta was recently interviewed on radio 1070 WINA’s Schilling Show, discussing taxation and the burden of government.
It is the season of spring cleaning, so here’s a calendar of ways to clean up your finances one step at a time.
There are some cases that are not as straightforward and if you fall into these categories, you might not know whether or not you are allowed to contribute to a Roth IRA.
David John Marotta was interviewed on radio 1070 WINA’s Schilling Show discussing three big investing mistakes.
David John Marotta was interviewed on the Schilling Show discussing how the markets performed last year and lists 4 mistakes to avoid.
If you have not yet funded your Roth account for 2015, it is not too late!
Giving appreciated stock not only allows you to support your favorite charity but also avoid paying capital gains tax on your gifted stock.
David and host Rob Schilling discuss what estate planning is, why you want to do it, and explain some of the jargon.
Here are the limits for how much your employer can add to retirement accounts on your behalf.
David John Marotta was interviewed on WINA’s “Real Estate Matters” show with Michael Guthrie, talking about how it is still a good time to buy a house.
Knowing how much you can contribute to your retirement accounts is important.
David John Marotta was interviewed recently on radio 1070 WINA’s Schilling Show discussing financial Christmas gifts.
Here’s a quick guide to the tax brackets and some other useful information for 2016.
The beauty of trusts is that they are very flexible, and an estate lawyer can help you craft a document that will follow your wishes and give you peace of mind.
October showed a sharp reversal of the movements of Resource Stocks.