Grocery Tax Suspension Going on from July 1, 2022, through June 30, 2023 Public Act (P.A.) 102-0700 suspends the state 1 percent (1%) low rate of sales and use tax on retail sales of groceries normally taxed at this rate from July 1, 2022, through June 30, 2023. How does the 1 percent (1%) grocery [...]
An Introduction to Structured Notes
Understanding Structured Notes Whitepaper_1
WHAT TO DO WITH YOUR REFUND: Start an emergency fund - It is recommended that you have 3 to 6 months living expenses set aside for emergencies. What is you got hurt tomorrow and could not work? How would you pay your bills? What if your car breaks down? Using your refund to create [...]
Divorce can be a very emotional time. It is important to not ignore the impacts on you financially. Divorce can devastate your retirement plan but you need to be proactive and take action. Here is a good article from MSN that can provide helpful information and tips. Remember, I am her for you or someone [...]
People are asking what can I expect from an in depth tax analysis strategy session. Well, you first will see what tax bracket you are in and where the next cut off is so you can plan for filling that tax bracket. You next will find out what deductions and credits you qualify for plus [...]
In this month’s recap: Stocks hit some turbulence, turning cautious amid slowing economic growth, and policy debate in Washington. Monthly Economic Update Presented by Carla Merlak, October 2021 U.S. Markets The stock market hit a pocket of turbulence in September, with investors turning cautious amid Delta variant infections, slowing economic growth and ongoing policy debate [...]
End-of-the-Year Money Moves Here are some things you might consider before saying goodbye to 2021. Provided by Carla Merlak What has changed for you in 2021? For some, this year has been as complicated as learning a new dance. Did you start a new job or leave a job behind? That’s one step. Did you [...]
Pay Fewer Taxes in Retirement with These Lake in the Hills Retirement Tax Strategies We all want to enjoy our retirement, but how do you get the most joy out of it? Many retirees think it’s as simple as saving up enough money to live comfortably. And while saving enough is part of it, people [...]
Take the Stress Out of Tax Season with Tax Services in Lake in the Hills! What is your least favorite part about doing your taxes? Is it how long it takes to do them, or is it the uncertainties that arise along the way? Of course, the looming presence of the IRS is also never [...]
