Types of Bonds A bond is a loan from an investor to a borrower, such as a corporation or government. This loan is given for a set period, where the investor receives regular interest. There are many types of bonds. In this article, we will go over 5 types of bonds so you can [...]
6 Fixed Index Annuity Myths You have many options available to you to help you provide for future income. A fixed index annuity can be a great way to provide a guaranteed income stream during retirement. But there are many common misconceptions about these financial vehicles. In this article, we will bust 6 fixed [...]
Medicaid Asset Protection Trust A Medicaid Asset Protection Trust can help you to qualify for your long-term Medicaid care when you have assets in excess of their limits, without spending those assets down. By transferring assets into this type of irrevocable trust they protect them from being counted against you for eligibility purposes. In [...]
Form 1065-Partnership Tax Return A Form 1065 allows a partnership to report their financial activities to the IRS. This would include profits, losses, deductions, and credits. Partnerships do not pay income tax with this return. Rather they pass the profits or losses on to the partners to report to their individual tax returns. Partnerships [...]
7 Steps to Prepare for Retirement Retirement is a significant life event that requires years of preparation and planning. As you go along you will need to continuously evaluate your plans and adjust. We want to be here to help you with your retirement plan. In this article, we will go over 7 steps [...]
Life Insurance for Seniors Life insurance for seniors can provide many benefits, like the ability to cover funeral costs or provide for the loved ones you leave behind. However, it is important to note that most insurance companies have age restrictions on how old you can be for them to issue a policy. This [...]
10 Steps to Start a Business in Arizona Starting a business is different in every state. In this article, we will hone in on the 10 steps to start a business in Arizona. 1. Choose a Name The first step in starting a business is to choose a name. You will want to come [...]
Schedule K-1 Basics A Schedule K-1 is an IRS form that reports your share of an income or loss from a pass-through entity. It prevents double taxation by avoiding taxes at the entity level and shifting the liability to the owners/beneficiaries who will report income or loss on their personal tax return. In this [...]
Types of Mutual Funds Instead of buying individual stocks, bonds, or other securities, you can buy shares of a mutual fund. This will allow you to become a partial owner of their variety of financial holdings. Professionals research securities and monitor the funds performance to try and give you the best return possible. Mutual [...]
Life Insurance Verses Annuity Life insurance verses annuity, which is best for your financial situation? Read on to find out how life insurance and annuities work, their differences, and what they can do for you. Life Insurance Basics Life insurance is an agreement between you and an insurance company. In exchanged for premiums the [...]
