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Author Archive for: ‘Myrick CPA’

Posted by: Myrick CPA Posted on: Jul 24 2025

Are Credit Cards Bad for Your Financial Health? What You Should Know

Credit cards don't always have the best reputation, and that's understandable. If you've ever dealt with growing debt or high interest, you know how quickly things can get out of hand. But that doesn't mean credit cards are always a bad idea. Used the right way, they can actually help you build credit, cover unexpected costs, or take advantage of rewards and protections. It all comes down to how you manage them.

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Trusts vs. Wills: Understand the Tax Implications Behind Your Decision

When you're planning for the future after you're gone, one of the most important decisions you'll face is how to pass on your assets. In some cases, a will is enough. In others, a trust can offer more control and potential tax benefits. Each option serves a purpose, but they are structured differently and have different tax consequences.

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Posted by: Myrick CPA Posted on: Jun 12 2025

Savvy Seniors: Living a Long Life and Making Smart Financial Decisions

Living longer brings a lot to look forward to. More time with loved ones, new experiences, and the chance to enjoy the fruits of your life's hard work are just the tip of the iceberg. With increased longevity, though, comes a new set of challenges, especially when it comes to managing money and protecting yourself from financial threats. If you're in your 60s, 70s, or beyond, or you're helping someone who is, it's never too early to plan ahead. A few smart steps now can help protect seniors’ financial health well into the future.

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