Join Us for Our Financial Strategy Workshop

Financial 1 Tax: Financial Strategy Workshop

Your current financial strategy could be destroying your retirement income… and taxes are likely the culprit. Discover tax-smart retirement planning and protect your money from Uncle Sam! Attend one of our free workshops! We’ll discuss: Tax Planning, Retirement Income, Mitigating Risk and Estate Planning …

Videos: Tax Tips and Strategies

Video: Charitable Contributions, Financial 1 Tax

At Financial 1, we offer practical strategies to help you grow your assets and build wealth. We believe in thinking “out of the box” and we are not afraid to challenge conventional wisdom in our approach to accounting, tax planning and preserving wealth. Three videos to help you get started …

Listen: Essential Legacy Tax Tips (Podcast)

Legacy Therapy Podcast, Essential pre-death tax tips

Tatyana Bunich joins the “Legacy Therapy” podcast to explore the unintended consequences that can come when someone receives a large inheritance after a family member passes away …

Proactive Year-end Tax Planning for 2020 and Beyond

Proactive Year-end Tax Planning for 2020 and Beyond

2020 was an unusual year that had several major legislative bills passed that could have an impact on your taxes. It is also a presidential election year, so investors might want to think about potential future tax strategies. Although it will take more than a change in president to enact tax laws changes …

Economic Update: Second Quarter 2020

Financial 1 Tax, Q2 2020 Economic Update

After a sharp waterfall drop in March, major equity markets advanced strong in the second quarter. Following the Dow Jones Industrial Average’s (DJIA) worst first quarter ever the index posted its best second quarter performance since 1938 rising over 17%. The S&P 500 ended the quarter up 20% …

Economic Update: First Quarter 2020

Finanicial 1 Tax, Q1 2020, COVID-19

The first three months of 2020 were filled with Covid-19 fears and economic responses. The world is experiencing a pandemic and a financial crisis that caused many investors to feel a level of anxiety that they have not had for over a decade. It’s almost impossible to remember that in Mid-February …

The Market Sell-Off and Coronavirus: An Investor’s Perspective

Financial 1, Investor Update on Market Sell-Off and Coronavirus, February 2020

Investors have now experienced their first disruption of the year: The Coronavirus. The investing experience is no stranger to unexpected surprises and on Monday, February 24th, all three major equity indexes fell over 3%. The worst daily performance since February 2018 …

Filing 2019 Income Taxes and Planning for 2020

Financial 1 Tax, Filing Income Taxes, Tax Planning for Next Year

For 2019, Form 1040 has been slightly redesigned. There is time to look into tax planning ideas for your 2020 taxes, but here are some things tax filers should review. There are seven federal income tax brackets for 2019. The lowest of the seven tax rates is 10% and the top tax rate 37% …