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Financial Analysis or Financial Planning: Understanding the Difference

In today’s complex financial landscape, individuals and small businesses alike are confronted with a staggering array of financial decisions. Focusing on everything from day-to-day expenses to far-reaching long-term goals and all that lies between doesn’t have to be so challenging, though. Learning a few basics can make all the difference. 

While financial analysis and financial planning are both indispensable tools for achieving financial wellness, it’s vital to understand the critical distinctions between them.

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How are Capital Gains Taxes Calculated When You Sell a Home?

Selling a home is a major financial milestone, but it can come with some profound tax implications. Capital gains taxes are applied to the profits earned on an asset sale, including real estate. Learn more about the intricacies of exemptions and tax liability minimization strategies. So precisely how are capital gains taxes calculated when you sell a home?

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Posted by: Myrick CPA Posted on: Jul 15 2022

Building Wealth When You Don't Come From Wealth

Helping our clients build wealth is one of the things that brings us the most satisfaction at Myrick CPA. Here are some observations that may be helpful if you're working at building wealth but don't come from money yourself.

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