The average federal tax refund for 2019 is $2,725—enough to buy two 70-inch flat screen TVs and a steak dinner. But while it might be tempting to rush off to the nearest Best Buy and indulge in a luxury purchase, GoBankingRates reports that most Americans plan to use their refunds to pay down debt, invest, …
Continue reading “10 Ways to Make Your Tax Refund Work for You”
Retirement can be one of the most exciting—and daunting—transitions you experience. You’ve put in your time at the daily grind, hit the peak of your career, and begun to wind down. Hobbies, projects, vacations, and family connections that you’ve set aside in the last few decades begin to beckon. But it isn’t all iced tea …
Continue reading “How Should I Prepare for Retirement? Try These 6 Tips”
Recessions are a fact of modern life. We can’t predict them, but we know they occur, on average, every 7-9 years. We know that the U.S. has had 47 recessions, beginning with the Panic of 1785. And we know that there are warning signs: rising interest rates, stock sell-offs, large amounts of consumer debt, inverted …
Tariffs, tax reform, rising interest rates, and more–2018 may be on the wane, but this year’s financial headlines will be with us long after January 1st, 2019. To usher in the New Year, Cowen Tax Advisory Group compiled the most important financial stories of 2018. While some topics saw more press time than others, all …
Estate plans aren’t just for the private jet and Cristal set. In fact, estate planning can benefit anyone who intends to leave assets to family, friends, or a favorite charity after their death. From preventing family feuds to protecting your privacy and avoiding probate, an estate plan can help your heirs for years after you’re …
Continue reading “6 Reasons Why You Really Do Need an Estate Plan”
The benefits of mindfulness are well known. With regular practice, mindfulness can lower our stress levels, help us sleep better, and lengthen our attention-spans. However, paying attention to our thoughts and actions does more than boost our physical and mental health; it can also be good for our wallets. Use these four strategies to practice …
Continue reading “4 Ways to Practice Money Mindfulness in 2019”
Tel. 860 – 676 – 1100
© 2023 Cowen Tax Advisory Group. All Rights Reserved. / Disclosures
