Thinking About a Roth Conversion? Beware of the Pro-rata Rule.
Having money in a Roth IRA can be very beneficial. After all, no one ever complains about being able to draw out tax-free money. Getting...
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Nicholas Rossolillo
May 3, 20221 min read
Inflation, the Fed's Interest Rates, and the Stock Market
Conversation with Mark Evans, CSU Bakersfield Economic Professor Emeritus. Topics include: --Inflation is at 40 year highs. How did we...
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Eric Martin
Dec 9, 20212 min read
Charitable Donations Have an Extended Tax Benefit for 2021
Generally, if a taxpayer doesn't itemize their tax deductions, any charitable donations do not count against their income. However, the...
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Eric Martin
Nov 19, 20212 min read
2022 Retirement Contribution Limits and Income Limits
It's hard to believe it's almost 2022. Yet here we are. To help prepare for another year's decisions, and in particular our financial...
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Eric Martin
Sep 29, 20213 min read
Don't Leave Free Money on the Table
Saving money can be a hard habit to start. We all want to save more, but the cost of living these days can make it difficult to be sure....
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Eric Martin
Sep 2, 20213 min read
How to Put Your Money in a Roth IRA Through the "Backdoor"
If you make too much money to contribute to a Roth IRA directly, there are still ways to move money into a Roth through a strategy called...
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Eric Martin
Aug 18, 20213 min read
No Earned Income? Here's How Some May Still Contribute to an IRA.
In the last year and a half, many have stopped working due to the pandemic. Some families have had one spouse stay home with the kids due...
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Eric Martin
Jul 21, 20213 min read
Dollar-Cost Averaging. A Great Long-Term Strategy.
Investing in the stock market can be stressful. Some investors constantly worry about a market "crash." When the market does fall, some...
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Eric Martin
Jul 14, 20213 min read
40 Years Old With Little To No Retirement Savings. Is It Too Late to Start?
According to the Federal Reserve Survey of Consumer Finances, the average 40 to 44 year old has $101,899.22 in retirement savings, but...
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Eric Martin
Jun 30, 20214 min read
Do You Have An Investment Account? If Not, Stop Making Excuses.
One of my favorite investment sayings is this: "The best day to start investing is today." I can't tell you how many times I hear that...
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Eric Martin
Jun 23, 20213 min read
Monthly Child Tax Credit Payments Are Starting Next Month. Here's Why Some Might Want To Unenroll.
The American Rescue Plan, signed and put into action on March 11th, 2021, gave some extended relief to many that were still in desperate...
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Eric Martin
Feb 10, 20212 min read
Gross Income To Taxable Income. What Is The Difference, And What Factors Are Involved?
We admit financial terminology can be complicated and confusing. Taxes are a perfect example. There are books upon books of rules and...
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Eric Martin
Feb 3, 20214 min read
What Does It Mean To Short Sell A Stock?
With all the hype around the GameStop story, many investors have asked us what it means to short sell a stock. We are not going to weigh...
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Nick Rossolillo
Jan 27, 20217 min read
Concinnus Financial Annual Investor Letter And 5 Investment Trends For 2021
2020… goodbye and good riddance. To those of you that have been directly affected by COVID-19 -- from getting sick to losing work -- our...
180 views
Eric Martin
Jan 27, 20213 min read
Are Expenses Paid With PPP Loans Still Deductible?
This last year has brought on so many changes and unknowns, and has taken a toll on our emotions. People have been out of their comfort...
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Eric Martin
Jan 20, 20213 min read
I Started Working From Home. Can I Claim The Home Office Deduction?
With more people than ever working from home, many want to claim their expenses for setting up an office space within their home. The...
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Eric Martin
Jan 13, 20214 min read
Three Commonly Asked Questions About The Upcoming Tax Season
It's hard to believe that another tax season is upon us. In the coming weeks, 2020 tax returns are going to start getting filed. Are you...
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Eric Martin
Jan 6, 20213 min read
Is Your Distribution From Your Retirement Plan Taxable? Yes...But For 2020 Maybe Not.
Unfortunately this last year has caused many hardships and frustrations for many people. Some have had their hours at work severely...
27 views
Eric Martin
Dec 17, 20205 min read
Reduce Credit Card Debt Without Hurting Credit Score
Having too much credit card debt can make your life miserable. So, if you have multiple, high-interest credit card debts to pay off, you...
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Nick Rossolillo
Dec 9, 20202 min read
Why We Invest In Individual Stocks
It’s cheaper than ever to build a personalized portfolio. Long gone are the days when financial products like funds are an absolute...
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