Wealthcare Planning Blog


Tax Reform-Where is it heading?

While The Tax Cuts and Jobs Act is not yet law, the bill has outlined many significant changes.  The Tax Reform has created much uncertainty, confusion and misunderstanding, use this guide to understand the changes. https://taxfoundation.org/conference-report-tax-cuts-and-jobs-act/

The Senate has voted to approve a major tax overhaul, the House must complete a procedural revote Weds morning expected to pass.  At which point the act is expected to be signed into law by the President before the end of the year.

This detailed report from the Tax Foundation lays out the proposed changes to the tax code.

Tax Reform Details, Special Report from Tax Foundation

 


Identity Theft: Be Prepared. Be Proactive.

What you can do to prevent

The 2017 Identity Fraud Study, released by Javelin Strategy & Research, found that $16 billion was stolen from 15.4 million U.S. consumers in 2016. In the past six years, identity thieves have stolen over $107 billion.

Sure, technology makes our lives easier, creating the opportunity to complete tasks quicker and access information that previous generations didn’t even know was available. But it also opens the door to an unimaginable number of threats to our lives and businesses.

Identity theft and cyberattacks are rampant almost every day. How can you fend off intrusions that might cost you agonizing hours – not to mention a lot of money – to correct?

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Signs You Need a Financial Planner

Financial Planners Help Build Better Experiences

Sometimes it’s hard to tell if you need professional help for a problem or if you can handle it yourself. Whether it’s taking care of a common cold, fixing the sink, changing the oil in your car or doing your own taxes. The same question often arises about finances.

It happens all the time – financial questions pop up that you consider silly or stupid so you feel like you must handle alone and you don’t seek help. This is not the best course. As happens often in life, not reaching out to a professional can delay you reaching your goals and cause you to incur more out-of-pocket expenses and lots of headaches.

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