taxes

Interest Rate Scare!

by Fern Alix LaRocca CFP® EA · 0 comments

    Whew!   Everyone was expecting an interest rate increase… but it didn’t happen. Now what? For Banks: They can’t raise the rates on those variable rate mortgages and other loans For consumers: You continue to get low interest rates Considering that consumers are saving more and have more in the bank (or credit […]

Tax planning consists of the use of tax deferrals, tax deductions and tax credits to legally reduce your tax liability. The one that most of you are familiar with is tax deferral. That is because most of you have a 401K plan at work. For example, if you earn $100,000 a year and contribute $10,000 […]