As a parent you want your kids to become healthy adults functioning in society and a big part of that is learning how to handle money. As kids start to ask questions about money, how do you approach these conversations? Should you pay your child an allowance? Should you have a savings or investment … [Read more...]
Video: Kids and Money Part 1 – Newborn through Middle School
Video: Tax Planning Issues for the Working
Hear Emily Petty and Matt Bellomo discuss tax planning issues for those who are working. Our checklist highlights things you may not have considered that can have a tax impact, planning opportunities, tax saving tips, and more. From family and filing issues to state-specific issues, our quick video … [Read more...]
Windward Tax Bulletin: Education Tax Credits
It's tax time, and your kitchen table is littered with papers and forms. As if this isn't bad enough, you recently paid your child's college semester bill, and you don't know where you'll find the money to pay the taxes that you expect to owe. Well, you might finally catch a break. Now that your … [Read more...]
Windward Tax Bulletin: Estate Planning and 529 Plans
When you contribute to a 529 plan, you'll not only help your child, grandchild, or other loved one pay for school, but you'll also remove money from your taxable estate. This will help you minimize your tax liability and preserve more of your estate for your loved ones after you die. So, if you're … [Read more...]
How much student loan debt is too much?
Author: Emily Tierney When it comes to taking out student loans to pay for a college education (or higher), it’s hard to know how much debt to take on. It’s also hard to predict what kind of income your future career will bring and if you will hold that job at that … [Read more...]