Simplicity Digital Advisor

24
Apr

Long-Term Care Tax Legislation: What You Need to Know

As our population ages, discussions about long-term care (LTC) and who pays for it are essential for many families and state governments. As a result, there has been some recent long-term care tax legislation. LTC is ongoing care in a care facility, nursing home, or at home for those unable to perform a certain number of activities of daily living (ADL) without assistance. ADLs include eating, bathing, dressing, toileting, transferring in and out of bed, continence, or when physical, mental, or cognitive function is impaired, or a doctor has ordered specific care.

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17
Apr

Understanding How Financial Literacy Impacts Financial Confidence

According to Webster’s Dictionary, financial literacy refers to skills and knowledge that allow individuals to make informed and effective decisions by understanding finances.

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10
Apr

5 Tax Filing Tips That Help Keep The IRS Auditor Away

Right now is a great time to evaluate your current tax situation and implement these tax filing tips to help keep the IRS tax auditor away.

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3
Apr

A Seasonal Checklist to Help Keep Your Finances On Track

Now that spring is upon us, it’s a great time to reevaluate your financial situation and make changes. While it may seem overwhelming to keep your finances on track and implement multiple financial actions at once, a seasonal approach may help.

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27
Mar

2023 Tax Season Planning Tips

As you prepare to file your 2022 taxes, check into some of this tax season’s updated deductions. It’s common to miss out on deductions or opportunities you could take. Or your tax professional missed or wasn’t aware you could deduct. Spend some time today reading these 2023 tax season planning tips.

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20
Mar

10 Ways to Spring Clean Your Finances

While many are organizing their closets and cleaning out drawers and garages, use springtime to Spring clean your finances. Now is a great time to look at your finances so you can work toward financial independence. Here are ten ways to help you clean up your finances by cleaning out what isn’t working in your financial situation.

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20
Mar

Women & Money: Closing The Gender Investing Gap

In the U.S., men are investing and accumulating wealth at a greater pace than women, fueling the gender investing gap. It is important that women accumulate enough retirement savings since women have a life expectancy of 80.2 years compared to men having a life expectancy of 74.5 years, according to WorldData.info. Below are five Issues and five ways to work toward closing the gender investing gap.

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13
Mar

Financial Confidence or Luck? How Actions & Traits Help You Pursue Your Goals

Some people view financial confidence and building wealth as mere luck, but there is more to it than just being lucky. Building wealth doesn’t happen overnight or by chance, and there are no secrets or shortcuts to building wealth.

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27
Feb

2022 Tax Filing Tips and Deadlines for Business Owners

Tax time is when business owners often look for deductions to help save money. But, preparing for tax season should start at the beginning of the New Year to implement necessary actions to take advantage of credits and deductions during that tax year. Below is a list of Tax Filing Tips and Deadlines business owners should note.

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20
Feb

What The SECURE Act 2.0 Means For Retirement Savings

One of the most noteworthy retirement savings legislation in years, the SECURE Act 2.0, is now law. c

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