The tax code is about 75,000 pages long, so it’s not surprising there are many overlooked money-saving deductions hidden within it. And with the much higher standard-deduction amounts, those who…
Finance
Sponsor spotlight: Roth versus Traditional IRA — which is better?
Most taxpayers have until April 15th of the following year to contribute up to $7,000 ($8,000 if age 50 or over) into a Traditional IRA or a Roth IRA. Is…
Sponsor spotlight: Should you be a global investor?
Investment opportunities don’t stop at the U.S. border. But what should you know about investing internationally? To begin with, what is an international investment? Essentially, it’s an investment in companies…
Sponsor spotlight: Get sanity back — ideas to unplug this summer
During your summer break or vacation, consider the following ideas to not only recharge, but to do so without sitting in front of a screen, monitor or phone. Leverage the…
Sponsor spotlight: Prepare yourself financially when purchasing a vehicle
Financing a new or used car could spell big financial trouble if your vehicle is ever declared a total loss – even if the accident is 100% the other driver’s…
Sponsor spotlight: You need tax planning if…
Life can alter your taxes with little to no warning. Here are several situations where you may need to schedule a tax planning session: Getting married or divorced. You could…
Sponsor spotlight: The psychology of saving — how to change your money habits
Cutting expenses is often easier said than done. It’s easy for somebody to say Just cut your expenses! Stop getting a to-go espresso everyday! Eliminating something from your monthly budget, though, may…
Sponsor spotlight: How strong is your emergency fund?
You can’t predict financial emergencies — but you can prepare for them. To do that, you can build an emergency fund to pay for unexpected expenses, some of which may…
Ideas to help teach your kids about money
It’s never too early to start teaching your kids about money. By proactively explaining how money and banking work in the real world, you can help them begin their adult lives…
Sponsor spotlight: Seeing inside the mind of the IRS
While most of us are never audited, when it happens, we can often feel overwhelmed. Remember that the IRS auditor performs these audits every day. They know what to look…
My Edmonds News
Sign Up for Our Daily Edmonds Newsletter
Washington will require insurers to reveal reasons for rate hikes
Insurers will soon have to provide customers a clear explanation for increases in their auto and home insurance premiums at the time of renewal. Beginning Saturday, companies must do so…
Sponsor spotlight: Ideas for a great tax refund
Three of every four Americans got a refund check last year according to IRS statistics. With a little planning, you can maximize the benefit of your refund. Here are some…
Sponsor spotlight: Understanding the home gain exclusion
One of the biggest tax benefits available today is the exclusion of gains when you sell your qualified home. Here is what you need to know. The tax benefit explained…
Sponsor spotlight: Keep track of home improvements to avoid tax surprises
One of the more popular provisions in the tax code is the $250,000 capital gain exclusion ($500,000 for a married couple) of any profit made when selling your home. As…
Sponsor spotlight: New choices for business owners
If you own a business and you offer a 401(k) or similar retirement plan to your employees, you’ll want to stay current on the various changes affecting these types of…
Sponsor spotlight: Building an emergency fund when cash is scarce
The traditional rule-of-thumb for emergency funds is to have enough cash stashed away to cover three to six months worth of expenses. For many people, though, this sounds better in…
Sponsor spotlight: Important moves to consider when interest rates change
A domino effect occurs each time the Federal Reserve changes interest rates. An increase leads to higher rates for consumers when they borrow, while paving the way to better returns…
Sponsor spotlight: Heather Krause named to Forbes Top Women Wealth Advisors Best-In-State list.
Heather Krause, AIF Managing Director – Branch Director Senior Portfolio Manager – Portfolio Focus RBC Wealth Management is pleased to announce Heather Krause was named to the Forbes Top Women…
Sponsor spotlight: Keep track of home improvements to avoid a tax surprise
One of the more popular provisions in the tax code is the $250,000 capital gain exclusion ($500,000 for a married couple) of any profit made when selling your home. As…
Sponsor spotlight: Password madness — tips to keep your growing list under control
When it comes to keeping your online accounts safe, strong passwords that nobody can guess are an essential tool. Many struggle, though, with password fatigue because you need to have…
Sponsor spotlight: Financial freedom — a gift to your family
Here’s a sobering statistic: 72% of retirees say one of their biggest fears is becoming a burden on their families, according to a study by Edward Jones and the consulting…
Sponsor spotlight: Annual tax quiz — is it taxable?
The IRS seems to always have a surprise up its sleeve for the unsuspecting taxpayer. Here’s a fun True or False quiz to test your knowledge of what’s taxable. Enjoy!…
Sponsor spotlight: Give your personal brand a boost
The idea of building a personal brand might seem intimidating, but the benefits can be career altering. Not only does your brand promote you to the entire market, it solidifies…
Hazel Miller Foundation awards nearly $400,000 to area nonprofits during first 2024 grant cycle
In its first grant cycle of the year, the Hazel Miller Foundation awarded $365,375 to 18 organizations making a positive impact across south Snohomish County. From Girls on the Run…
Sponsor spotlight: Avoid a penalty and tax surprise when withdrawing from retirement accounts
Retirement accounts that provide tax breaks have very specific rules that must be followed if you want to enjoy the financial rewards of those tax breaks. One of these rules…