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Nov 24, 2023

Many feel like loans for things outside of farming are different than for farming, when in fact, they are the same. So I explain more in detail.

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Nov 17, 2023

I am not an accountant, but it is that time of year for a friendly reminder of how taxes are tiered. This is a huge part of why you are not always saving as much as you think, and a lot of times, you're just redirecting your dollars from the IRS to the bank.

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Nov 10, 2023

When taking a cash value policy loan from a whole life insurance policy, it works a bit differently than a bank. It's important to understand all the moving parts here so you can deduct the correct amount of interest on taxes if using that money for a business expense. It can be simple, amortized, and compounding; it...

Nov 3, 2023

So many people put money into their 401K but don't know the rules. These are not officially hidden, but it seems as if employees don't know on purpose.

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