New 2026 Tax Changes: What High-Income Overtime Earners in Indiana and Chicagoland Should Review
For many Indiana and Chicagoland families, a strong income does not come from one simple paycheck. It may come from overtime, shift differentials, union wages, public safety schedules, healthcare demand, two W-2 incomes, bonuses, taxable investments, and years of...
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How the OBBB Act Changes Your Taxes: What Individuals & Families Need to Know
How the OBBB Act Changes Your Taxes: What Individuals & Families Need to Know The One Big Beautiful Bill Act (OBBB) introduces some of the most significant tax changes in nearly a decade. While the headlines focus on tips, overtime, and expanded deductions, the...
What is Financial Planning
You might think the term "financial planning" is self-explanatory. It sounds like it should just mean "planning your finances." However, for many people, the path from where they are today to where they want to be isn't always a straight line. There is a common...
Putting Your 401(k) Plan to Work: Why You Need a Financial Advisor
We all dream of that ideal retirement—traveling the world, spending time with grandchildren, or simply enjoying the freedom of a schedule that belongs entirely to us. But funding that dream requires more than just signing up for a workplace retirement plan on your...
Don’t Let Disconnected Advice Cost You Money
Success in any venture usually starts with having the right team. You wouldn't build a house with an architect and a builder who never speak to each other. Yet, when it comes to managing their wealth, many people operate with completely disconnected professionals....
15 Tax-Efficient Investment Strategies to Know
Investing is about growing your wealth, but there's a catch: as your investments grow, your tax bill often grows right along with them. Every dollar you pay in taxes is a dollar that can't be reinvested to compound over time. This is where tax-efficient investing...
10 Tax Topics to Discuss With Your Financial Planner
When it comes to taxes, there are two types of people: those who let taxes happen to them, and those who proactively plan for them. The first group often ends up paying what they owe without a second thought. The second group, however, looks for every opportunity...
House Passes “Cares Act”: What the Small Business Owner Must Know
The Coronavirus Aid, Relief, and Economic Security (“CARES Act”) is a $2 trillion emergency bill that Congress prepared in response to the Coronavirus (COVID-19) pandemic. The Senate passed the bill on March 25, 2020, followed by passage in the House on March 27,...
Rules Finalized on Rental Real Estate Tax Deduction
Overview The Tax Cuts and Jobs Act, which was introduced and effective January 1, 2018, introduced a new section 199A deduction equal to 20% of qualified business income. This deduction is available to pass-through entities including sole proprietorships, LLCs,...
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