Laura J. Hanlon
CPA
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New Strategy Posts for your Finances

Irreplaceable Knowledge

In the realm of tax planning, and of preparing your tax return, I urge you... do NOT fall prey to the thinking that a software program or forms downloaded from the internet can suffice to enable you to preserve your resources, or properly leverage the multiplicity of credits, legal and ethical loopholes and deductions available.
 

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Laura Hanlon
Smart Planning for Financial Independence

"There is no royal road to anything. One thing at a time, all things in succession. That which grows fast, withers as rapidly. That which grows slowly, endures." -Josiah Gilbert Holland

Money has no value unless you've got the time and good health to enjoy it. In fact, if you have to be poor, would you rather be poor now or at retirement? By planning carefully and investing wisely, you shouldn't have to make this choice.

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Laura Hanlonfinances, 2017
Laura J Hanlon’s Financial Goals By Age

Making your money last long enough is a lifetime’s work. And there are some basic “rules” that we can all follow, depending on what stage of life in which we find ourselves.

Which is why we are here — to help you determine if you are breaking these rules WISELY … or if, perhaps, a refocusing of priorities should be in order.

Regardless, I offer you these financial goals everyone should consider:

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The Heart Behind Year-End Giving – Laura J Hanlon CPA’s Three Key Ideas

For YOU, we don’t have much more time to do something meaningful for your upcoming tax bill.

By that I mean that we are ONE MONTH away from year-end. That’s one month away from taking positive (instead of reactive) steps to affect your 2016 tax burden (with the exception of IRA contributions and a few various backdating strategies that are allowed).

So here’s a quick and dirty tax plan:

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Laura J Hanlon CPA’s Breakdown of the Candidates Tax Plans

Since Presidents are not responsible for writing tax policy, these plans indicate more about their respective visions for government, and how Mr. Trump or Mrs. Clinton would work with Congress to enact their particular visions. Neither one, if elected, would be (by law) vested with the power to make all of this happen by the stroke of a pen.

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Four Key Recordkeeping Principles For Conway Families To Protect You In The Case Of An Audit

With the election brewing around us, Congress isn’t doing *anything* right now about tax legislation … so, as usual, there will be some last-minute treats for us by the end of the year in the tax code. But the very good news for you (and all of our Conway tax preparation clients) is that we pay close attention to these things so you don’t have to.

And it’s a good thing we do pay attention. Many of our clients have never received that dreadful notice from the IRS, initiating an audit — or, much worse, the KNOCK on the door! If you never have, you probably don’t keep much financial documentation.

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Laura J Hanlon CPA’s Key To Raising Rich Kids

Teach them this: Wealth is what you save, not what you spend.

Most of the younger generation is under the false impression that wealth is based on the luck of a big salary. Nothing could be further from the truth. According to the now-classic book The Millionaire Next Door by Thomas J. Stanley, the affluent tend to answer ‘yes’ to these three questions:

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Seven Free Tips For Identity Theft Protection For Conway Individuals & Families

Yes, commonly-advertised identity theft protection services for regular Conway families can seem like an easy button. But the problem is that many of these products are unnecessary or ineffective, or they duplicate things you can do yourself — for free.

Here are some basic things you can set into place right now, which will cover you in the vast majority of circumstances:

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