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Taxes

Charitable Giving Donor-Advised Fund: Give more money… for less

  • Living a Rich Life, Personal Finance, Taxes
  • Nov 29, 2022
This Giving Tuesday, why not give more for less with a Charitable Giving Donor-advised Fund?

This Giving Tuesday, we’re doing our charitable giving through a donor-advised fund, to give more money… for less. Last year, we set an intention to use the time and money freedom afforded to us by our FIRE lifestyle to give back more to our community. We’ll do this by volunteering, being more generous with friends…

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It’s Time to Perform Your Year-end Financial and Tax Review (2021)

  • Personal Finance, Taxes
  • Nov 30, 2021
It's time for your year-end financial and tax review

The year is coming to an end, and you know what that means?  It’s time to review your finances and do some year-end financial and tax planning!  Yay! [Sarcasm] Our year-end tax planning and financial review process Every November (or early December if we’re slacking off), we perform our year-end financial and tax review. Being…

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Tax Planning Earlier Saved us $5,800 – Here’s How to Lower Your Taxable Income

  • Personal Finance, Taxes
  • Jul 14, 2021
How we saved $5,800 by doing our income tax planning earlier in the year. Plus, 6 ways you can lower your taxable income in 2021.

You may already know that doing a little tax planning can save you a lot of money on your taxes. However, are you aware you could be missing out on savings if you save your tax planning for year end? Here’s how doing our tax planning earlier in the year saved us an extra $5,800…

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