The Pros and Cons to Filing Taxes Jointly in California

Consider these factors when trying to determine whether you and your spouse should be filing taxes jointly.

Tax PlanningParkshore Wealth ManagementMarch 15, 2023California, Franchise Tax Board, IRS, Married Filing Separately, Married Filing Jointly, Deductions

Ways to Give When Markets Are Up or Down

If you are charitably minded, you can use tax-beneficial giving strategies that optimize market ups and downs.

Charitable GivingParkshore Wealth ManagementMarch 1, 2023QCD, Qualified Charitable Distribution, Cash Donation, Highly Appreciated Stock

Determining a Recession: The Rearview Mirror vs. Windshield

Both leading and lagging indicators (the windshield and rearview mirror approaches) can provide useful information—but none of them is foolproof.

Financial PlanningKristen LukeFebruary 13, 2023Recession, NBER, Leading, Lagging, Rearview Mirror, Windshield, Consumer Confidence, GDP

Key Retirement Planning Changes in SECURE Act 2.0

Here are some of the most significant changes affecting retirement savers and retirees in the SECURE Act 2.0.

Retirement PlanningParkshore Wealth ManagementJanuary 30, 2023SECURE Act 2.0, IRA, 401(k), 401(b), RMD, Required Minimum Distribution, 529 Plan, Roth

What Are the 2023 Tax Rates and Contribution Limits?

Here are the 2023 changes to tax rates and retirement plan contribution limits.

Financial PlanningParkshore Wealth ManagementJanuary 17, 2023Tax Planning, Retirement Planning, Tax Bracket, Standard Deduction, AMT, Alternative Minimum Tax, IRA, 401(k)

How to Use Qualified Charitable Distributions to Give to Charity

A QCD enables you to direct your required minimum distributions (RMDs) to charity and reduce your taxable income.

Financial PlanningParkshore Wealth ManagementDecember 14, 2022Taxable Income, QCD, RMD, Qualified Charitable Distribution, Required Minimum Distribution, IRA, Retirement Planning, Tax Planning

How to Use Your Cash Sitting on the Sidelines in a Down Market

If you have extra cash, a market drop can be an opportune time to invest it. Here are points to consider.

Investment ManagementParkshore Wealth ManagementNovember 30, 2022Market Drop, Downturn, Recession, Inflation, Cash

Social Security Recipients Will Get Increased Benefits in January

Social Security beneficiaries will see an 8.7% increase in their benefits in January 2023.

Retirement PlanningParkshore Wealth ManagementNovember 14, 2022Social Security, Cost of Living, COLA, Medicare, Inflation

How to Protect Your Aging Loved Ones from Scams

Scams against aging Americans are on the rise. Here is how you can help your parents and other aging loved ones.

Financial PlanningParkshore Wealth ManagementOctober 31, 2022Identity Theft, Scams, Fraud, Family Communication, Aging Parents

Want to Go Green? How the Inflation Reduction Act Could Help

President Biden’s Inflation Reduction Act offers tax deductions and tax rebates to help curb greenhouse gas emissions. Here’s what you need to know.

Financial Planning BlogParkshore Wealth ManagementOctober 17, 2022Inflation Reduction Act, Biden, Electric Vehicle, Greenhouse Gas, Energy Efficiency, Solar

How Has College Planning Changed with Biden’s Debt Forgiveness?

College planning won’t change much with the limited debt forgiveness. But another aspect of Biden’s plan can make college more affordable for future grads.

Education PlanningParkshore Wealth ManagementOctober 3, 2022College Loans, Income-Driven Repayment, IDR, Debt Forgiveness, Biden

What Is a Fee-Only Financial Advisor and Where Can I Find One in Folsom, CA?

A fee-only financial advisor can help reduce conflicts of interest when it comes to the advice you receive. Here’s how to find one in Folsom, California.

Financial PlanningParkshore Wealth ManagementSeptember 14, 2022Fee-Only, Fiduciary, RIA, Folsom, California

How an Independent Financial Advisor in Lehi, UT, Could Help You

An independent financial advisor is unaffiliated with a larger financial institution. Here’s why that’s important and how you can find an independent advisor in Lehi, UT.

Parkshore Wealth ManagementSeptember 13, 2022

How to Find Wealth Management Services in Logan, Utah

Read this article to learn what wealth management entails and how to find a wealth manager in Logan, Utah.

Financial PlanningParkshore Wealth ManagementSeptember 12, 2022Wealth Management, CFP, CERTIFIED FINANCIAL PLANNER, Fee-Only, Fiduciary

Understanding the Role of a Fee-Only Financial Advisor in Lehi, UT

Here are the potential benefits of a fee-only financial advisor and how to find one in Lehi, UT.

Financial PlanningParkshore Wealth ManagementSeptember 1, 2022Fee-Only, Commission, Fee-Based, Lehi

Competing Pressures of the Real Estate Market

Here’s why home prices remain high even as mortgage rates climb.

Financial PlanningParkshore Wealth ManagementSeptember 1, 2022Mortgage, Interest Rate, Federal Reserve, Home Prices, Inflation

Finding a CERTIFIED FINANCIAL PLANNER™ in Lehi, UT

If you’re looking for financial advice, you might consider an advisor with the CFP®® mark. Here’s how to find a CERTIFIED FINANCIAL PLANNER™ professional in Lehi, UT.

Parkshore Wealth ManagementSeptember 1, 2022

How Can I Estimate My Social Security Benefits in Retirement?

You can get a general number using online calculators, or you can create a My Social Security account for an estimate based on your work history.

Retirement PlanningParkshore Wealth ManagementSeptember 1, 2022Social Security