by Marilou Davido | May 16, 2022 | Resources
Wealth management is not just about making money. At WFA, we believe wealth management is an ongoing process to accumulate, protect, utilize, and maintain financial assets in a tax efficient way for both your generation and the next. It involves a comprehensive...
by Marilou Davido | May 11, 2022 | Resources
Have you ever wondered what the difference is between a Financial Advisor and a Financial Planner? A Financial Advisor is a broad term for financial professionals who can help manage money but may or may not provide a comprehensive plan for their clients. While a...
by Marilou Davido | May 9, 2022 | Resources
What is the First Step in Financial Planning? Understand your current financial situation; particularly cash flow. Cash management is a key part of a financial plan because cash is the primary asset used to pay obligations on a regular basis. In today’s market and...
by Marilou Davido | Mar 23, 2022 | Resources
The video below explains the federal Standard and Itemized Deductions; how they are calculated and how to determine which should be claimed on your federal tax return. Key Takeaways Standard Deduction is the minimum deduction allowed to taxpayers. Taxpayers can claim...
by Marilou Davido | Mar 8, 2022 | Resources
If you’re married, you may keep your income tax situation separate from your spouse by electing the Married Filing Separate tax status. However, when filing tax returns in a community property state, like Wisconsin, the phrase “what’s mine is yours and what’s yours is...
by Marilou Davido | Feb 14, 2022 | Resources
You have until the tax filing deadline to contribute to many tax-deferred accounts for the prior calendar year. Read more about contributions you can make to a SEP-IRA, IRA, ROTH, HSA and Edvest accounts. Traditional IRA In general, receive a tax deduction in the...
