A really long time ago… in a galaxy far, far away… I worked for a building contractor. That experience taught me that every successful building project requires the right tools. And sometimes a project turns out just a little bit better because of a specialty tool, one with specific...
IRS Audit! Those are words that will send a cold chill up your spine. And it’s a phrase being heard more often. The IRS recently announced that beginning with returns from 2019 and forward, the number of audits has doubled for every income category above $100,000. But as they...
Now here’s something you don’t hear often. The IRS has a gift for you. No, that’s not a joke and you don’t have to wait for the other shoe to drop. For the first time since 2011, the IRS is raising the standard mileage rate in the middle of...
The clock is ticking and it gets louder the closer you get to the magic age of 65. That’s when you sign up for Medicare. But there’s more than one way to receive Medicare coverage.   There are Medicare Advantage plans, sometimes referred to as all-in-one plans, because they provide medical...
Ouch! The worst inflation in more than 40 years is inflicting pain on virtually every American, effecting their families, their budgets and their decisions.   The U.S. Department of Agriculture says inflation at the grocery store is 10.4% from June 2021 to June 2022. 41% of shoppers are now buying store...
You’ve been planning for retirement for a long time. By your calculations, the money you’ve accumulated should be more than enough to live the retirement lifestyle you’ve dreamed about no matter how long you live. You’ve taken into account taxes, inflation, healthcare, and the cost of all the things...
You’re planning for retirement. You’ve got visions of what you want it to be—the traveling you’ll do, taking up a hobby you’ve never had time for, volunteering with a charity that’s dear to your heart. You’ve got a comprehensive plan that accounts for retirement income, taxes, and even things...
Alhambra’s Bob Williams dispels 4 common myths that can have a negative impact on estate planning.
It’s almost time for the Social Security Administration to break out pencil and calculator to find out how much more it costs to live this year than it did last, and then decide how much of a raise Social Security beneficiaries will get in 2023. For 2022, the Social...
It’s common knowledge that age 65 is when you enroll in Medicare. Failing to sign up at that time means that when you do enroll, you’ll be hit with late enrollment penalties that increase your Medicare premiums for the rest of your life. But if you work past 65 and...