Grandparents Day is a day which celebrates the love and support given by grandparents to their grandchildren. The wisest man in the world King Solomon once wrote, “a good person leaves an inheritance to his/her children’s children”. Many hear the word inheritance and think it’s about leaving a nest egg. Another type of inheritance may …
Continue reading “Grandparents to Grandchildren: Leaving a Legacy”
Are you fearful of an impending recession? You’re not alone. But that shouldn’t prevent you from reaching your retirement goals. While retirees and those nearing retirement have less time to ride out stock market volatility, inflation, rising interest rates and a possible recession, there are steps you can take to safeguard your savings and soften …
Continue reading “Alternative Investments Amid Uncertainty: Is an Annuity Right For You?”
Retirement is the time to reinvent yourself. After years of managing the everyday hectic nature of working full time, retirement offers a refreshing change in lifestyle. Suddenly, your reality is that your days are now days and not work days. With this comes a challenge as well as a new opportunity to grow. All your …
Continue reading “7 Unconventional Ways to Spend Time in Your Retirement”
Anyone approaching age 72 or older, with a qualified retirement plan, needs to know about RMDs. An RMD is a Required Minimum Distribution, a forced withdrawal from a qualified retirement account with funds that have never been taxed. Examples of these accounts include IRAs, 401(k)s, 403(b)s, or SEP IRAs. RMDs were subject to different rules …
Watch the “On-The-Money” Vlog series with Roger Cowen.
The strain the Coronavirus pandemic put on the economy is undeniable. In spite of this, since the second half of 2020, stock markets have reached record highs. As of June, 10, 2021 the Dow Jones closed at an astonishing 34,466.24 points with the S&P 500 reaching an intraday high of 4,239.8 points. This seemingly unfathomable …
Continue reading “Inflation: What’s Happening and How Can I Prepare?”
Cryptocurrency gained major media notoriety in the Bitcoin Boom of 2017. In recent months it has dominated the discussion in financial circles. At Cowen Tax, we’re here to help you understand the basics of a digital marketplace that changes by the day. What Is Cryptocurrency? Cryptocurrency is a form of digital currency that is encrypted …
https://www.youtube.com/watch?v=axcj2z0Q7jM Watch the “On-The-Money” Vlog series with Roger Cowen.
Watch the “On-The-Money” Vlog series with Roger Cowen.
Don’t let your 2020 tax refund fall victim to tax fraud. In the wake of increasing tax scams because of the pandemic, taking steps to protect yourself from identity theft is more important than ever. Here are five steps you can take to keep your refund—and your identity—safe. 1. File Early Filing early is …
When it’s tax time, one of the first decisions facing many folks is whether to use a tax professional or to do it yourself. If you are at this juncture, here are a few considerations. Is a Self-Driven Software Package Right for Me? This could be the right answer for many people. If you …
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