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https://www.linkedin.com/pulse/what-2026-social-security-increase-means-you-suze-orman-mhzne/

Breaking bad money habits..... check out some tips to help you make better money decisions!

Check out these big changes coming to retirement accounts under new 401(k) and IRA rules...

The U.S. federal government will stop issuing paper checks as of September 30, 2025, which is in 2 weeks.

An executive order issued in March 2025 mandates the shift to electronic payments for all federal disbursements and collections, including tax refunds, Social Security, and other government payments.

This change aims to modernize payments, reduce costs, delays, fraud, and theft associated with paper checks. Recipients of federal payments should be prepared to set up direct deposit or other electronic payment methods to avoid any disruption.

https://fiscal.treasury.gov/.../paper-checks-going-away.html

As we make our way through August (wow, where did the year go?), here’s some good news we can all get behind.

Consumer Price Index data, released in July, showed cooling inflation, marking 12 months in a row of reductions. Woo hoo!🎉Read below to see more details on CPI data, the labor market, and what to expect from the Federal Reserve moving forward ➡️

Are you noticing any changes in the pricing of items you have purchased lately? Let us know in the comments!

Women’s History Month survey: Cash flow challenges hitting women-owned businesses harder.

Many Americans thought they were getting a bigger tax refund, study finds...

https://finance.yahoo.com/news/many-americans-thought-they-were-getting-a-bigger-tax-refund-study-finds-150035784.html?ncid=twitter_yfsocialtw_l1gbd0noiom

 https://www.bankrate.com/banking/fdic-insurance

The IRS recently announced an extension of the tax day deadline for California residents affected by severe weather earlier in the year. This extension applies to residents and business owners in areas designated by FEMA as disaster zones, including (but not limited to) Los Angeles, San Diego, Orange, Riverside, Sacramento, and San Francisco counties.

Residents and business owners in those counties now have until May 15, 2023 to file various federal individual and business tax returns and make tax payments.

If you and your family were impacted by the severe weather and could use more time to file your taxes, I encourage you to take advantage of the extension.  It provides extra time to gather your documents and file your return(s) without worrying about penalties or late fees.

As always, if you have any questions or concerns about your taxes, please don't hesitate to reach out to our office. We are here to help you navigate the tax process and ensure that you are in compliance with all IRS regulations. Stay safe and healthy out there!

On this Valentine’s Day, we would like to take a moment to thank our clients for their continued trust! 💝 You’re the heart of our business and why we love what we do! Thank you!🫶 We hope everyone has a wonderful day celebrating with loved ones!💖

The IRS released its inflation adjustments for the 2023 tax year 👀 Here are the major changes to note:

✅ Higher tax brackets – find your tax bracket here: https://news.bloombergtax.com/financial-accounting/your-first-look-at-2023-tax-brackets-deductions-and-credits ✅ Larger standard deduction for single filers and married couples filing jointly ✅ The estate tax exemption increases for single and joint filers ✅ Higher contribution limits for retirement, FSAs, and HSAs

I know taxes can be confusing, so don’t hesitate to reach out if you have questions! Share this post to help people in your circle ➡️

Happy New Year!  January is Financial Wellness Month, which means it’s time to take a deep breath , reflect and review the numbers.

Here are 5 things you can do to determine how financially healthy you are: 

1. Subtract your liabilities from the value of your assets to get your net worth

2. Review your monthly debt-to-income ratio (how much you owe vs. how much you earn)

3. Evaluate your housing costs – try to keep housing expenses to 30% or less of your monthly income

4. Review your current investments and savings rate, then consider increasing them

5. Set your financial goals for 2023, whether that’s an exciting trip or paying down debt

So what about you – what are your financial goals for 2023? Share them with us in the comments! If you’re not sure, don’t hesitate to reach out. We’re always here to help!