It is Tax Season! From coast to coast, taxpayers are scurrying to gather tax documents and to file their 2016 tax returns. Good tax planning can avoid 7 common tax filing mistakes. WHAT ARE THE GOALS OF GOOD TAX PLANNING? Be organized (If you have savings and investment accounts, companies are issuing 1099 summaries…
The time for gathering data and IRS tax filing is upon us. This year more than ever, it’s important to safeguard your personal and tax related information. Taxpayers, tax preparers, and businesses need to work together to prevent identity and asset theft. Here are some tips to help you and your tax preparer have a smooth…
Well, it is official, Donald J. Trump is the President of the United States of America. What should investors now expect from the Trump administration? Paul Fain, president of the-much-smaller-Asset Planning Corporation offers some initial prognostications. “TRUMPONOMICS” – SHOULD WE BE HOPEFUL OR AFRAID? My bi-partisan answer: Both! Trump has promised a lot – economic…
It is one of the most vexing questions in day-to-day money management…how much should I tip? It’s not always clear how much we should tip – or IF we should tip. Here’s a Q&A on the topic with Certified Financial Planner Paul Fain: PAUL, GIVE US A PRIMER ON MODERN TIPPING ETIQUETTE – AFTERALL WE…
Why Market Returns May Be Lower in the Future Posted by Paul Fain Market returns on stocks and bonds over the next decade are expected to fall short of historical averages. To read the full article click here.
As you pull down the stockings with care to see if St. Nicholas was there, I will stuff some stuff to make you aware. There are still five business days in 2016 to make last-minute changes to your personal financial plan. If your blessings exceed your needs, you can make tax-free gifts up to $14,000…
In his regular “Sunday Money” interview on WBIR, Knoxville’s NBC affiliate station, Paul addressed the Federal Reserve’s decision to raise key interest rates. What does this mean for your money as we rapidly approach year-end? Here is a recap of the Q&A: WHAT DOES A FED RATE HIKE MEAN? The Federal Reserve voted unanimously…
Considering my family DNA, I have gratitude for every morning that I wake to a sunrise or an alarm clock. My father passed away at age 54. I’ve outlived him. But honestly, I take many mornings for granted. Modern life often presents a barrage of financial distractions: concerns about the welfare of family members, debt,…
With Black Friday upon us, many shoppers will be pulling out their credit cards – probably at 4 a.m. when retail doors open! It begs the question: do you manage debt or does debt manage you? What is “good” debt versus “bad” debt? APC president Paul Fain recently addressed your money and your debt on…
When it comes to holiday spending, you truly need to make a list and check it twice! How can you avoid financial stress during the holiday season? Paul Fain, president of Asset Planning Corporation recently appeared on WBIR with some holiday spending tips for your money. Interview: Q&A PAUL I’M SURE THAT HOLIDAY SPENDING DESTROYS…