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Posted by: Charles P Myrick CPA Posted on: Mar 08 2021

Good Debt vs Bad Debt - Any Such Thing?

It used to be an accepted hypothesis that along with the perception of some credit being a bad thing for your finances, economists believed that was also a type of “good debt.” Today, volatility is spread over many markets. Many long-held assumptions about good or bad debt should be reconsidered now, following a long year of unrest affecting our lives’ health, economic, climate, and social realities.

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Posted by: Charles P Myrick CPA Posted on: Nov 28 2019

From Tax Preparation to Financial Planning

I tell all my clients that the true key to building wealth lies in building assets. Regardless of how much money you make, you can build wealth over time through assets. Think about how much of your life involves bills, taxes, purchases, contracts, etc. When it comes to financial planning, why not take advantage of the time you spend preparing for your tax filing and reconnect with your CPA to develop a financial plan for building wealth. 

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Posted by: Charles P Myrick CPA Posted on: Oct 31 2019

How to Save Money With Year-End Tax Planning

It's no secret that the last quarter of any year is a busy one for those who wants to get a jump on tax planning and preparation. With holidays and shopping competing for your attention it’s easy to lose your focus on long-range financial planning. I understand completely. However, it's smart to look at ways you might minimize your tax liability. 

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