Blog

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

Estate Planning – Choosing Between a Will and a Trust for Peace of Mind

When it comes to securing your legacy and ensuring your loved ones are taken care of, estate planning is the cornerstone of peace of mind. As you navigate this process, one of the primary decisions you'll face is choosing between a will and a trust (or possibly both).

Michael Reynolds | November 13, 2023

Are You a Victim of Recency Bias? Understanding and Overcoming its Impact on Your Investments.

Understanding recency bias is the first step to overcoming its potentially negative impact on your investments.

Michael Reynolds | November 6, 2023

How to Get Your Estate Planning Documents Notarized

With all these options available, there is no reason not to get your estate planning documents properly executed. Don't delay any longer.

Michael Reynolds | October 30, 2023

What Issues Should I Consider When Establishing And Maintaining My Emergency Fund?

Let's delve into crucial considerations to ensure your emergency fund is not only sufficient but also aligned with your broader financial goals and life situations.

Michael Reynolds | October 23, 2023

Do Debit Cards Offer Fraud Protection?

Many people believe that debit cards don't offer the same protections as credit cards. But it's not quite that simple.

Michael Reynolds | October 9, 2023