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Posted by: Myrick CPA Posted on: Apr 11 2024

Gen Z's Guide to Financial Freedom: Start Building Your Future Now

It's not a secret that the financial landscape is always evolving and often confusing. This is particularly true for Gen-Z born between the mid-1990s and early 2010s. Unlike previous generations, Gen Z has grown up witnessing economic recessions, explosive growth in student loan debt, and a rapidly changing job market. If these experiences have shaped your view on money, you're not alone. Many of your peers have had their perspective on financial health challenged and ultimately shaped by outside influences and evolving circumstances, too. As a result, it's not uncommon for earners in this age group to be fiscally conscious and wary of traditional financial paths. 

You can take control of your financial freedom at any age, though - remember, it’s never too soon to get started.

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Posted by: Myrick CPA Posted on: Jan 11 2024

Clarifying Required Minimum Distributions: A Retirement Income Roadmap

The golden years often conjure images of carefree days filled with leisure activities and well-deserved relaxation. But for many retirees, a financial reality called the Required Minimum Distribution (RMD) comes into play, impacting their income and tax obligations. So, what exactly is an RMD, and how does it work? Find out how you can navigate the intricacies of RMDs, clarifying who needs to take them, how they're calculated, and the potential consequences of ignoring them.

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Posted by: Myrick CPA Posted on: Jan 04 2024

Demystifying Capital Gains Taxes: What You Should Know

For many individual taxpayers and small business owners working to navigate the ever-shifting financial landscape, the term "capital gains" looms like a shadow.  Fear not, though; unmasking this particular beast is simpler than you might think. Learn how to solve the mysteries of capital gains taxes, explore calculation methods, and uncover strategies to potentially minimize their bite.

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