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Tax Refunds Are Not A Good Thing

Tax Refunds Are Not A Good Thing

Every year, I have a bet with my accountant. The bet is on whether or not I get a tax refund. If I have to pay on April 15, then I buy lunch. If I get a tax refund, he has to buy lunch. Since my accountant doesn’t like to have to buy me lunch, he wants to make sure...

2019 Contribution Limits

2019 Contribution Limits

The IRS (Internal Revenue Service) recently announced an increase in the contribution limit for 2019. Instead of the $18,500 contribution limit for employees, the limit has been increased to $19,000 for 2019. These apply to anyone who participates in 401(k), 403(b),...

2019 New Year’s Resolutions

2019 New Year’s Resolutions

The most popular New Year’s resolutions are to lose weight and exercise more. Sorry, but I can’t help you with either one of those. They have been on my list for years and I haven’t been successful yet. The 3rd or 4th resolutions on most lists are to either improve...

What’s Another Trillion Dollars?

What’s Another Trillion Dollars?

The U.S. economy reached another milestone last week, which went almost entirely unnoticed by much of the country. The U.S. debt level reached $21 Trillion. The fact that we have achieved this level of debt is only outdone by the rate in which the debt is increasing....

The Big Nothing… Or Is It?

The Big Nothing… Or Is It?

Before the inauguration, Americans were promised health care reform, tax reform, major infrastructure projects, and a wall along the Mexican border, all by the end of the year. Looking at things eight months later, it would appear that we may not get any of those...

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