Wooden puzzles with the image of money. Withholding money and commission. Tax and taxation. The taxes burden. Net income. Costs. Ebitda. Business and Finance. Profit management. Investments

A Taxing Race: A look at presidential nominee Joe Biden’s tax plan in the final straightaway

In early October, Evelyn Zohlen, MBA, MS, CFP® discussed what tax policy under a change in administration could mean for earners with income over $400,000 (click here to read more). As we charge towards election day, it feels only right to continue the conversation on what tax policy could look like for individuals in 2021 and beyond.[…..]

Heart in the hand

Understanding Donor Advised Funds

With or without a tax write-off, many Americans want to give generously to the charities of their choice. After all, financial incentives aren’t usually the main motivation for giving. We give to support the causes we cherish. We give because we’re grateful for the good fortune we’ve enjoyed. We give because it elevates us, too. Good giving[…..]

tax time

Taxing Our Crystal Ball (or, what a Biden Presidency means for your taxes)

Among the many things concerning our clients now, potential changes in tax law pending a change in party in the White House is starting to make its way up the worry list. The differences in tax policy between Presidential candidates Donald Trump and Joe Biden are quite significant.  Current polls show the Democratic candidate with a substantial[…..]

November 2020 presidential election date on calendar concept. Red white and blue colors and the american flag.

Presidential Election Prognostications and Your Portfolio

“What will happen to my investments if [the candidate I dislike] becomes President?” This is a question I hear frequently during any Presidential election year and especially in contentious times. People are always worried that if the candidate they oppose becomes President, it will be devastating for the markets and their portfolio. It’s hard not to be[…..]

Doctor and nurse discussing tests or x-ray image about a patient at tablet computer in hospital. Technology in healthcare services.

Checklist For A Prolonged Hospital Stay

At Inspired Financial, we work with a wide variety of professionals that serve our clients in tax, legal, insurance, and other services. We enjoy collaborative relationships with our colleagues and often share our expertise with them to help them better serve all their clients. Recently, we prepared this blog with suggestions for when their clients are facing[…..]

Medical insurance cards on the calculator. Health care costs concept. 3d illustration

What to know about COBRA Insurance

If you are leaving your employer (whether voluntarily or involuntarily), it’s important you get familiar with COBRA insurance, what it is, how it works and what it will cost you. The Consolidated Omnibus Budget Reconciliation Act (COBRA) is a health insurance program that allows eligible employees and their dependents to continue health insurance coverage when an employee[…..]

Beautiful women chatting in the street.

Why now is a great time to check-in on the women in your life.

As economies worldwide continue to suffer reverberations from the pandemic, I have spent a fair amount of time reflecting on recessions in recent history, (think early 2000s, and the Great Recession) in comparison to that which we are living through today. Like many others, I am often tempted to look for patterns because they offer a sense[…..]