Blog

2019 Financial Resolution: Do Nothing

Jan 15, 2019
As we jump into the new year with resolutions, your financial goals should not be ignored. Some sound advice for financial practices in 2019? Do nothing. Seriously. If you have a well-thought out, solid…

The Taxation of Alimony to Change in 2019 - But Not for Everyone

Dec 21, 2018
The Tax Cuts and Jobs Act of 2017 changed the federal tax treatment of alimony for divorce and separation instruments executed after 2018.If you currently pay or receive alimony, or are considering a divorce…

Three Things to Understand About Credit Reports

Dec 19, 2018
There are three things that everyone should understand about credit reports: 1. Why credit reports matter. Your credit reports are used to provide information about your credit history to lenders, credit…

Year-End Tax Planning Strategies

Nov 06, 2018
You may be able to reduce your 2018 taxes if you act soon! Several year-end tax minimization strategies for individuals are presented here. Not all strategies may be appropriate for you so please seek…

How to Prepare Financially When Illness or Injury Strikes

Nov 01, 2018
Having the proper insurance, savings, and legal documents in place can help prevent a health crisis from turning into a financial crisis. Line up people to manage your care and finances. Set up a durable…

Happy Halloween from the staff at Copper Leaf Financial

Nov 01, 2018
Our annual Halloween costume contest was very competitive this year and generated some memorable staff images! And the winners are... Best Costume: RyanMost Creative Costume: MegFunniest Costume: Rebecca   Best…

5 Things to Know About the New Estate Tax Exemption

Oct 30, 2018
1. The Tax Cuts and Jobs Act of 2017 doubled the amount you can exempt from the federal estate, gift, and generation-skipping transfer taxes. 2. The new federal exemption amount is $11.8 million. 3.…

The New Tax Law Makes Roth IRAs More Attractive: Part Two

Oct 25, 2018
Converting to a Roth IRA There are no income limits on who can convert their existing retirement savings to a Roth IRA. So even if your income is high, you can transfer savings from a traditional, SEP,…

The New Tax Law Makes Roth IRAs More Attractive: Part One

Oct 24, 2018
If you’ve been thinking about contributing or converting to a Roth IRA, this may be the time to do it. The recent overhaul of the federal tax code lowered the income tax rates for individuals – and lower…

How Will You Manage Your Retirement Cash Flow?

Oct 10, 2018
Many people think of retirement planning as saving enough money to live the lifestyle they’ve envisioned and do the things they’ve planned. But that’s only part of having a successful retirement. The financial…