After a tumultuous 2022, filing your taxes this year could be complicated. Maybe you stopped working, realized investment losses, created an estate plan, or went from itemizing to claiming the standard deduction or vice versa. There are many factors that can impact whether your taxes will increase and whether you need to rethink your tax strategy.

They say “men are from Mars and women are from Venus” and their differences carry over into financial planning. In a world where women oftentimes share, or own, the responsibilities of household finances, and often are the major “bread-winner”, it makes sense that you are adequately addressed. There are a disproportionate number of men in the financial space today, so let’s take a moment to address some financial needs unique to women.

Since women tend to outlive men, you are often in situations where your finances entirely rest on your shoulders.

Congress passed the second installment of the SECURE Act under the Omnibus Spending bill of 2023, containing major changes to the retirement planning landscape.

In the past, retirees could typically rely on a pension and Social Security benefits and pensions for the rest of their lives. Today’s retirees are part of the first generation that often must fund their own retirement. Even for those who have saved diligently over many years, the threat of outliving one’s money is legitimate. Lawmakers recognized the changing needs of today’s retirees, and passed the SECURE Act in 2019, and now the SECURE Act 2.0 in the final days of 2022.

For many years, you’ve been the captain of your ship. Running your own business hasn’t been easy and success was never guaranteed. Retirement planning is the next uncharted waters for you, and there’s no one-size-fits-all map. Ultimately, when you own your own business, you must create your unique retirement strategy. This means setting up a succession plan for your business, and a retirement income plan for yourself. This starts with figuring out the who, what, and when of your business succession plan.

“Communication is key” is an old phrase, but when it comes to your wealth transfer and legacy planning process, it couldn’t be more accurate. The conversations you have with your family before, during, and after this process can go a long way toward avoiding aggravation, the expense of settling matters in court, and potential infighting.

Planning for retirement is never a “set it and forget it” activity: There are unexpected disasters, market drops, and changing laws that invariably cause retirees to reevaluate their plans of action. Ultimately, there is no way to predict everything that will cause market downturns, such as diseases, natural disasters, or political instability. However, you can prepare yourself for a downturn by having a solid financial plan in place.

Growing older requires most of us to think about the road ahead and things we have never approached before. A big one is the “R” word. Yes, retirement starts to get closer. If you have taken the time to prepare, then it’s probably an exciting time. But if you didn’t prepare, the thought of retirement can fill you with a sense of dread. Craig Moser, CFP^®, CRPC^® created this booklet to share what he’s learned, and hope it causes you to think about specific areas of your retirement.

Regardless of circumstances, divorce is a difficult process. You should seek an Attorney to help you through the legal process. However, when it comes to finances and joint debts, you should work with someone who focuses on finances. Because each divorce is unique, specific advice can only come from professionals familiar with the details of your individual situation. This booklet was designed to provide an overview of divorce in North Carolina.

This brochure provides numerous charts that offer an overview of key financial data for 2023. This includes a review of the tax rates along with deductions, exclusions, credits, exemption amounts and deadlines. It also provides outlines for HSAs, IRAs, Medicare deductibles and premiums, Social Security benefits, and a partial uniform lifetime table.