Veterans Financial Group

04/04/2022

Roses are red
Your accountant might be blue
If you want to make them happy
Don’t send your documentation after it is due

12/17/2021

A married couple with taxable income up to $81,050 in 2021—that is, $106,150 less the $25,100 standard deduction—owes ZERO tax on qualified dividends and long-term capital gains.

11/11/2021

To those who have served, we say thank you! Happy veterans day!

11/09/2021

Gobble Gobble, is your estate plan in order if you should need it unexpectedly?

11/09/2021

House passes the infrastructure bill, now there are still some legal and political gymnastics yet to unfold before pen comes to paper to sign into law. Are you aware of the changes coming down the pipeline potentially?

09/27/2021

If you’re getting zero return on an investment, then that investment doesn’t make any cents.

08/26/2021

Very unlikely this will hold up as a holographic will and in the event he changes his mind, also going to be fun conversation to do with his ink.

Some performers end up having more lively discographies posthumously than they ever did in life. Anderson .Paak does not mean to be one of them. And whereas some artists might just put a ban on pos…

08/11/2021

The importance of updating your trust/wills to reflect your current and future intent!

Court finds no ambiguity in trusts' use of the term 'grandchildren.'

08/04/2021

Do you know and care about someone who is suffering from mental illness? This might be a good conversation to start having.

What are psychiatric advance directives, and why are they so important?

07/22/2021

Fun fact: Individual Taxes make up the largest slice of the pie for US tax revenue. What are you doing to minimize how much you are contributing to that pie?

In the U.S., individual income taxes (federal, state, and local) are the primary source of tax revenue, at 41.5 percent of total tax revenue. Social insurance taxes make up the second-largest share, at 24.9 percent, followed by consumption taxes, at 17.6 percent, and property taxes, at 12.1 percent.

07/13/2021

Are you aware that the Child Tax Credit has two sets of phaseouts, in addition the first set you might have to pay back if took the monthly payments?

Amidst the outstanding questions, potential confusion over how advanced child tax credit payments will affect tax refunds, and an incomplete portal to update taxpayer information, the IRS will begin sending payments to millions of households this month.

07/06/2021

Stay up to date on the tax laws coming down the pipeline. Plan early and meet with your advisors today.

Taxes are once again at the forefront of the public policy debate as legislators grapple with how to fund new infrastructure spending, among other priorities. Our tax tracker helps you stay up-to-date as new tax plans emerge from the Biden administration and Congress.