Getting a Head Start on College Savings

The American family with a child born today can expect to spend about $233,610 to raise that child to the age of 18. And if you’ve already traded that supercharged convertible dream for a minivan, you can expect your little one’s college education to cost as much as $198,000.


Trends in Charitable Giving

When giving to charitable organizations, some people elect to support through cash donations. Others, however, understand that supporting an organization may generate tax benefits. They may opt to follow techniques that can maximize both the gift and the potential tax benefit. Here’s a quick review of a few charitable choicesREAD MORE

Letter From IRS? What to Do (or Don’t Do)

If you receive a letter from the IRS, don’t panic. Millions of letters are sent to taxpayers every year for a myriad of reasons. If you receive a letter from the IRS, here’s some advice:Don’t panic. Read the letter carefully. There will usually be an action that is requested of you and a corresponding phone number for you to call. Follow the directions carefully.Be aware of dates and timeframes. The notice you receive will probably have a dated deadline by which to respond with the appropriate action. Be sure to take note of the dates and not miss any deadlines that may be stipulated by the IRS.

Know when to respond. Sometimes the IRS sends a notice or other communication that may not require a response. Again, read carefully, and if needed, respond according to the instructions on the letter. If a payment is required, reply with a payment or visit for information about payment options.

You may need to dispute. If you don’t agree with the IRS notice, write a letter explaining why you are disputing the matter and mail it to the address on the contact stub at the bottom of the notice.

* This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax professional.

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Summer is wedding season

Here are some tips for the newly weds in your life:

Insurance When You’re Newly Married READ MORE

Money Tips for Newlyweds READ MORE


The best way to predict your future is to create it.”

― Abraham Lincoln

Quarterly McIntosh & Associates Book Club Read:

The Speed of Trust: The One Thing that Changes Everything

by Stephen M.R. Covey



Monday July 15th – 10:00 AM

Learn why you need a financial strategy

Determine which of the five distinctive personalities you identify with

Take the first steps to help you become more financially protected

Know what challenges women face and learn how to face them



Monday August 19th – 3:00 PM

•How to calculate your required amount and its tax liability
•If your beneficiaries are set up for maximum tax efficiency
•Strategies retirees should consider when they DO NOT NEED their RMDs
•If your asset allocation and withdrawal strategies are appropriate for RMDs
•When you have to take your RMDs, and if there are any exceptions
•How they can impact your Social Security


Noteworthy News:

6 Smart-Home Upgrades to Help Sell Your House READ MORE

The No. 1 most reliable appliance brand in America, according to Consumer Reports READ MORE

Home security systems buying guide READ MORE

Many people retire earlier than planned, here’s why READ MORE

5 key tax questions when you’re responsible for a loved one’s estate READ MORE

These are the new HSA limits for 2020 READ MORE

Harvard professor says ‘winning a $20 million lottery won’t make you happier in life’—but these 4 things will READ MORE



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