Blog

A Step-by-Step Guide to Setting Up a Solo 401(k) for Self-Employed Professionals

The Solo 401(k) is one of the best retirement plans available to business owners and can give you lots of flexibility when it comes to managing taxes and saving for retirement.

Michael Reynolds | February 19, 2024

Can a 529 Be Rolled Into a Roth IRA?

Under certain circumstances, a 529 to Roth IRA rollover can be a great way to use extra 529 funds in a tax-efficient way that benefits your child.

Michael Reynolds | February 12, 2024

The Benefits of Working With a Flat Fee Financial Advisor

If you are interested in getting help with financial planning and investment management and you want to keep costs under control while avoiding conflicts of interest, consider working with a flat fee financial advisor. It can be a great way to level up your money.

Michael Reynolds | February 5, 2024

Simplifying Tax Season – The Essential Tax Documents You Can't Afford to Miss

Tax season can be a stressful time for many individuals, but it doesn't have to be. By understanding the essential tax documents you can't afford to miss, you can simplify the process and save yourself unnecessary stress.

Michael Reynolds | January 29, 2024

Navigating Tax Debt – What to Do When You Can't Pay the IRS

It can be stressful when you find yourself unable to pay the IRS. It's a situation no one wants to be in, but it's important to know that there are steps you can take to address the issue and find a solution.

Michael Reynolds | January 26, 2024

New Reporting Requirement for Small Businesses: Understanding Beneficial Ownership Information (BOI)

Starting January 1st, 2024, a crucial new requirement for LLCs and most small businesses involves reporting Beneficial Ownership Information (BOI) to FinCEN. Ignoring this requirement could lead to severe consequences, including substantial fines and imprisonment.

Michael Reynolds | January 15, 2024

My Three Words for 2024

At the beginning of each year, I choose three words to set the direction for the year. Here are my three words for 2024 and insights to help you use this exercise to find success and fulfillment in your own life.

Michael Reynolds | January 11, 2024

Important Numbers for 2024

Here is a brief summary of some of the changes for 2024 followed by a more in-depth downloadable PDF at the end.

Michael Reynolds | November 30, 2023

How to Set Up a Household Budget – A Template for Categories and Groups

When you're setting up your budget for the first time, it can often be intimidating to stare at a "blank sheet of paper" trying to come up with your budget categories. So I'm sharing the budget template I use with my clients to help them get started.

Michael Reynolds | November 20, 2023