Taxes

The end of the year is a perfect time to give back to others and your community. Whether you're an individual or a business owner, charitable donations benefit the recipient and provide tax advantages to the donor. Tax deductions often have incentives for individuals and corporations to give more vigorously to philanthropy, which is essential. Here are some reasons why end-of-year giving may be a comprehensive strategy. To help manage the current year's tax liability. Year-en

The recent tax legislation, known as the ‘Big Beautiful Bill,’ introduces a number of changes that may affect various aspects of personal finance. This reform impacts various aspects of personal finance, from income tax rates and brackets to modifications in deductions and exemptions. Here's what investors need to know about the "Big Beautiful Bill," which is now law. Changes in tax brackets -   One of the most significant changes under the "Big Beautiful Bill" is the restruc

As summer winds down and autumn approaches, it's the perfect time to reassess your financial situation and prepare for Q4 tax planning....

TAX   |  by Joe Elsasser, CFP®, Founder and President of Covisum The One Big Beautiful Bill Act of 2025 (OBBBA 2025) has passed. It...

As the hot weather kicks in this summer, now is an opportune time to explore proactive tax strategies that can help manage your 2025 tax...

There's often a misconception that life insurance only serves to provide for loved ones in the event of death. While a life insurance policy certainly does that, it also has the potential to integrate as part of an overall strategy. Life insurance can help manage risk and protect against the potential financial fallout from unexpected events. Here are five ways that life insurance may fit into a financial strategy.

Financial literacy, the ability to comprehend financial concepts, manage one's finances, budget, and invest, is crucial for lifelong financial health. The significance of financial literacy transcends age brackets—it is a lifelong pursuit that begins in one's 20s and continues well into one's 70s and beyond. You can work toward an independent financial future by developing and adapting financial strategies and skills in every decade of life.

Tax planning and saving are integral to any comprehensive financial strategy. It is paramount to manage tax efficiency without jeopardizing one's financial goals. Numerous financial literacy techniques can be leveraged to help manage taxes, align with objectives, and maximize savings. Here are five strategies to help you get started saving

“Don’t put all your eggs in one basket,”

Implementing several strategies can help women work toward financial independence and wealth creation, bridging the wealth gap

There is often debate on the role that luck plays in accumulating wealth. Some argue that wealth accumulation is a matter of hard work,...

Annuities, which can be purchased from an insurance company, maybe a suitable strategy for investors who want to secure a steady income...

Planning for retirement often raises one crucial question: How much should one withdraw each year during retirement? Managing withdrawals...

People often misunderstand Social Security retirement benefits and taxation since not all benefits are taxable. The amount of benefits...