Laura J. Hanlon
CPA
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New Strategy Posts for your Finances

Posts tagged income
Laura J Hanlon CPA’s Tax Planning Strategy For 2016

Believe it or not, now is the time to start making sure that you’ll be ready for a few months from now, when 2016 tax time is upon us.

Generally speaking, you should keep any and all documents that may have an impact on your federal tax return. Individual Conway taxpayers should usually keep the following records and supporting items on their tax returns for at least three years:

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The Complexity of Social Security Benefits For Conway Retirees

Like most government law, Social Security is not a simple piece of legislation. Since the Social Security Act became law in 1935, hundreds of amendments have been piled onto it, and have thereby added to the complexity. So to make the best decision about how to file for it, you’ll need to consider four things: 1) health, 2) income before retirement and 3) income during retirement, and 4) taxes.

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Hanlon CPA’s Top 5 Tips for Smart Spending

Creating a budget really shouldn’t be the place where financial decisions begin. Instead, a comprehensive look at what you most care about and how you want to live your life is the best place to start, even before budget categories are determined.

This becomes especially clear when we consider how we seek to raise our children with a proper financial mindset. We want them to learn how to earn, how to save (and invest), and how to spend. Unfortunately, this doesn’t spring up for them from the womb!

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