2012 | Page 2 of 61

How To Give To Charity Wisely And Well

Dec 17 2012

Giving to charity has never been easier. You can donate the old-fashioned way–by mail–but you can also donate online, by text, or through social networking sites. According to the National Center for Charitable Statistics, over 1.4 million nonprofit organizations are registered with the IRS. With so many charities to choose from, it’s more important than ever to ensure that your donation is well spent. As you consider year-end giving, here are some tips that can help ensure you are both a generous and wise donor. Choose your charities

Choosing worthy organizations that support the causes you care about can be …

After The Superstorm – Insights From Sandy

Dec 14 2012

As you well know, in October the entire Eastern Seaboard was drastically impacted by Superstorm Sandy. Sandy’s landfall was severe and damage was widespread.

As difficult as it may be, there are some crucial next steps that need to be taken as soon as possible in order to begin to recover after the storm, especially if you have property damage. Generally speaking, to be a deductible casualty loss, property must be damaged or destroyed as a result of a sudden, unexpected or unusual event. You would have to prove that a casualty loss occurred.

With a well-known natural disaster like

The Possible Implications Of The Fiscal Cliff

Dec 14 2012

The term fiscal cliff is said to have been coined by Ben Bernanke during hearings of the House Financial Services Committee in February 2012. On January 1, 2013 several major budget items are scheduled to expire. Among them are many tax incentives that have benefitted tax payers such as the earned income credit, child credits, and some subsidies for businesses, health care and education.

The end of 2012 will bring about the expiration of the Bush tax cuts, which are cuts that lowered income and investment tax rates that have been in effect since 2001. Also, as the year draws …

A Fee-Only Financial Planner Can Help You Invest In Yourself

Dec 14 2012

A Fee-Only financial planner can help you with investments but first you have to make an investment in yourself and your future. Before you delve into stocks and dividends and learn the language of financial markets, you may need to unlearn some of your negative beliefs about money.

Financial planning is more than money and numbers; it is about gaining perspective and understanding that it is necessary to commit time and energy to grow your money.

According to MyFinancialAwareness.com,

“It is important to understand the reasons why you have avoided financial planning in the past (resistance) because these reasons

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