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

Retirement often brings with it an opportunity to reassess not only one's lifestyle choices, but also one's financial strategies. At the heart of these decisions is the concept of ethical investing.  Ethical investing, also known as socially responsible investing or sustainable investing, allows individuals to align their investment decisions with their personal values and societal goals. It involves integrating environmental, social, and governance (ESG) factors into investm

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

One of the values embedded in many Indigenous cultures worldwide is something known as Seven Generation Thinking. This philosophy invites individuals to consider the impact of today’s decisions far into the future potentially offering a complementary perspective to traditional retirement planning models. As individuals navigate retirement planning in a changing economic environment, exploring long-term planning models like Seven Generation Thinking may offer additional perspe

As the world advances at a rapid pace, our lives are becoming increasingly digitized. The digital age has seen remarkable advancements...

Financial confidence is a cornerstone of one's overall well-being. Yet, in today's volatile economic environment, it is increasingly...

History is a great teacher, offering insights and lessons on a wide range of subjects. By examining some of the most catastrophic...

In the realm of retirement planning, one strategy is Roth IRA conversions, which can offer tax-free distributions in retirement. As with...

The Retirement Wave and Fixed-Indexed Annuities As we move into the 21st century, we observe the rise of the "Retirement Wave." According...

Annuities have emerged as a suitable insurance product for many in recent years. 2025 has been particularly pivotal, with a significant...

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...

The topic of long-term care (LTC) insurance frequently arises for those planning for their retirement. The escalating costs of...