Big Picture, Financial Planning, Millennials

11 Tax Planning Moves For Business Owners To Consider

As business owners, you possess a unique advantage when it comes to taxes— you have the power to strategically plan both your personal and business taxes, leading to significant long-term impacts on your overall lifetime tax burden. While many focus solely on short term tax savings, the true essence of strategic tax planning lies in its ability to reduce your…

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Big Picture, Financial Planning, Millennials

What Is an 83(b) Election And Do You Need To File One?

If you’re in a place with equity compensation, you’ve probably encountered a ton of fancy terms and lingo that can leave you scratching your head. One term that’s important but often misunderstood is the “83(b) election.” This one’s crucial, especially if you’re holding restricted stock (not to be confused with RSUs) or stock options. Not understanding this election could mean…

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Big Picture, Financial Planning, Millennials

What is an HSA, Why You Should Consider One, and How To Keep Good Records

If you’re looking to save money on healthcare costs, you might have heard of Health Savings Accounts (HSAs). HSAs are a popular option for many people, but what exactly are they, and how can they benefit you? Oftentimes I find millennials mixing up FSA’s (flexible spending accounts) and HSA’s. FSA’s are a great option for those who want to contribute,…

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Big Picture, Financial Planning, Millennials

How To Travel In A Safe And Wise Way (What I Learned From The Southwest Failure)

I was apart of the horrible Southwest cancellations in late December. And when I say horrible, I mean horrible. We were set to fly back on the 26th from Phoenix to Milwaukee with a quick layover in Denver. We got to Phoenix and both flights were on time. We were feeling great. But things started to shift during our hour-long…

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