Lucrum Financial Advisors

10/21/2021

When planning for retirement, it's important to take taxes into account. Read this article to learn how the 10 types of retirement income will be taxed, and how to prepare down the line. forbes.com/sites/davidrae/2021/09/22/how-10-types-of-retirement-income-will-be-taxed/?sh=51864e455db7

10/19/2021

For telecommuters, taxes may be a little complicated. Especially for those that live and work in 2 different states at the same time. Call us today so we can help you avoid double taxation.

With so many people living in one state and working in another these days, taxes can be more complicated than ever before. Here are 10 tax tips to remember when filing.

10/14/2021

Investing in collectibles such as rare stamps, coins, books, artwork and fine wines can be satisfying. If you plan to sell it at a gain, it will be subjected to long-term capital gains tax rate. Learn more about it here:

The sale of collectibles can lead to a cash windfall, however, they are taxed pretty heavily because collectibles are not considered economic drivers.

10/12/2021

Start taking care of your wealth as soon as you can. The younger you are, the more time your savings and investments can grow.

Here are eight helpful tips for saving money and investing in your future while you are a young adult.

10/07/2021

We love a good work-life balance! Jobs can be stressful, but luckily there are a few easy tips to follow that can help alleviate the pressure. Read about how to reduce your stress here:

Being a CPA is a great job but can also be a stressful one sometimes. Young CPAs, in particular, juggle multiple tasks at different stages of completion, often for multiple bosses. Busy season’s tight deadlines and revolving-door work flow heighten the pressure.

10/05/2021

Roth IRAs and taxes during retirement can be tricky to maneuver. Here are some common questions answered on how to make the most tax efficient decisions in retirement to make your money last longer:

After our recent article on the conventional wisdom surrounding withdrawals from retirement accounts, we received a number of follow-up questions from readers. Here are some answers.

09/30/2021

Estate planning isn’t just for high-net-worth individuals; it’s for everyone. Consider these 4 reasons why an estate plan is necessary for you and your family.

Estate planning isn’t fun, but the consequences of not doing it can be devastating for your heirs—or at least not what you intended.

09/28/2021

You’ve probably heard that artificial intelligence is the way of the future. Well did you know that AI can help small business owners get their businesses started? Read here how your business can benefit from AI:

By keeping these best practices in mind, you can ensure you have the right technology on your side.

08/26/2021

If you want to know where you should cut expenses for your small business, take a look at your operating budget. The operating budget can tell exactly where you are overspending.

Budgeting for your business includes developing your operating budget, which is a forecasted financial statement. Learn the key components and how to prepare this budget.

08/24/2021

Ways to Improve Your Relationship with Money

The key to financial security is to study, understand, and improve your personal relationship with money.

08/19/2021

Protect your company name, slogan and logo from copyright infringement by making sure they are registered.

Copyright infringement is using someone else’s copyrighted work without their approval. Learn how to file a copyright infringement claim using an easy new process.