It may not be tax season but that doesn’t mean you can’t start preparing for next season right now. Especially with 2018 taxes being the first year under the Tax Cuts and Jobs Act (TCJA), there are plenty of changes that could leave you paying a higher tax bill if you...
Making sure you have adequate insurance coverage is important for your family and finances, but which type of life insurance is right for you? Ok, so insurance may not be the most exciting financial topic but it is certainly an important one. After all, if you spend...
If you’re a business owner or even thinking about becoming a business owner, one of the most important questions you have to ask yourself is, “How much salary should I pay myself?” How much you should pay yourself when you’re self-employed is a complex question. It’s...
Let’s be honest, no one *likes* to think about mortality. And for this reason alone, many people put off preparing for this event. It’s much more exciting to plan for the next family vacation and all of the things you have every intention of being very much alive for....
If you’re self-employed or own your own business, I’m betting your tax preparer already asked you about contributing to a retirement plan as a way to lower your taxable income. And, I’m also betting they recommended a SEP IRA (SEP stands for Simplified Employee...
The tax deadline is next Tuesday, April 17th for most Americans. As much as we love our country, tax time with Uncle Sam is another story. It can be stressful, time-consuming, and feel like a hassle just to get your returns filed, mailed, and paid on time. What if...
We at Hendershott Wealth Management are always proud to announce when we make a change in our business that will benefit our clients. To that end, we are very excited to report that our firm is now a member of The National Association of Personal Financial Advisors...
You read that right. Talking with your honey about money can be fun, even if that’s not what most of us have been led to believe. We’ve all heard the statistics and seen the headlines, right? Things like: “Money is the leading cause of stress in relationships” —...
Women tend to be the most vulnerable when it comes to taking bad financial advice. Of course, behind every data point is a real story of a real woman who thought she was getting good advice, but it eventually led to less than great, or maybe even disastrous, long-term...
Do you find yourself deferring to men when it comes to planning your financial future? If you answered “yes” to that question, you’re not alone. A recent study by MassMutual found that only 26 percent of women are confident making their own financial decisions. But...
