Financial Education Resources

With the holidays just behind us, the joy of giving may be at the top of your mind. One cool thing about giving is that both the receiver and the giver experience the joy of the gift. With inheritances, on the other hand, the giver usually does not get to experience the joy of the gift, and the gift itself can sometimes be burdensome to the recipient. How can we focus on giving now vs. later, in order to experience the joy of the gift with the recipients? Let’s discuss.

Weve moved out of Wendys house! Were now at 308 Main Street in Greenfield, on the third floor above the Hens Chicks storefront on the corner of Main and School Street, right across from the Town Common. Use the yellow door in the middle of the store front and go up two flights of [] The post New Address! appeared first on ProsperiTea Planning - Greenfield, MA .

Recently, I turned 59 ½ years old. Normally a half birthday doesn’t mean much, but this year was significant because now I can take IRA distributions without an extra 10% penalty. I was tempted to do so even though I’m still working and don’t need the additional taxable income! After 3+ decades of investing money []

Is charitable giving important to you? Are tax savings important to you? Well, I like both of those things too. Giving can be so rewarding and worth every penny. But if there’s also an opportunity to save some money on taxes while you’re at it, that sounds good to me. With that in mind, let's take a look at a few changes to the tax rules from the One Big Beautiful Bill Act pertaining to giving that are going into effect next year. Some may help you, some may hurt you. But it's good to be aware.

As a tax-focused financial planning practice, we have built quite a lot of depth in the realm of tax-advantaged charitable giving. We are often able to help charitably inclined people’s  money go further by implementing various tax strategies. There is often confusion about how giving to charity actually saves you money. In most cases, [] The post Strategies on Giving Tuesday appeared first on ProsperiTea Planning - Greenfield, MA .