Titan Roofing LLC is a professional roofing company located in Charleston South Carolina but provides roof repair and replacement services along the coast of both South Carolina and North Carolina. With Wilmington North Carolina being in the direct path of Hurricane Florence, there is a good chance you are going to need roof repairs or even a roof replacement after the storm passes. With mandatory evacuations underway, all we can do is hope that your home is safe and sound while you have sought shelter away from the coast. Mother nature is unpredictable and we know this is a stressful time. When you return to your home and find that it is in need of roof repairs, patching or replacement, please let our contractors help you start the process of getting your house back in order once more. Our priority is ensuring that your home is safe and sound for you and your family and that starts with the roof over your heads. Do not let a damaged roof go without repair as it can end up costing you more money in the long run. Call Titan Roofing LLC to schedule your Hurricane Florence roof repairs in Wilmington North Carolina, Read more…
September 2018
The Tax Bracket Racket
It’s impossible to appreciate the tax equivalent return of any investment until you know your effective tax bracket. You also need to know how you should file: individual, head of household, married filing jointly or married filing separately. For some married couples, filing jointly or separately can usually be determined quite quickly on most tax software. The U.S. tax code is a marginal, “progressive” income tax system. As your income increases or “progresses” from one tax bracket to the next you pay a blended tax rate of each tier, after all your tax deductions and exemptions (providing they’re not phased out) as well as any tax credits to reduce taxes owed. Once you know your effective tax bracket you can determine the value of a financial product, especially tax favored financial products. For example, most participants in a 401(k) plan know their contributions are tax deductible. Is your tax deduction, in your effective tax bracket, worth taking? Keep in mind that by taking the deduction you’re giving up its tax-free basis, i.e. your original contributions. Your 401(k) plan will be taxed at ordinary income tax rates and be included in the provisional income test for Social Security benefit taxation. If Read more…
Free In Home Flooring Estimates in Marietta are Provided by Select Floors and Cabinets
Select Floors and Cabinets offers professional flooring installation services to property owners in Marietta. Homeowners that are looking to replace their floors will be happy to know that we offer free in home flooring estimates in Marietta and can help you find the perfect floors for your home. Whether you want to install new hardwood flooring in your kitchen or new tile in your bathroom we are here to help and thanks to our huge selection of luxurious flooring, you can find the right floors at the right price for your space. Call Select Floors and Cabinets today at 770-218-3462 to schedule your free in home flooring estimate in Marietta with our expert flooring installers. When you are ready to install new custom floors in your home, just give us a call. We will come out to your home to take measurements of your space or spaces and go over with you the flooring installation process. From there, we will help you browse our extensive collection of luxury carpet, hardwood, tile and luxury vinyl flooring. We ave a huge selection of all types of flooring so no matter which room you are looking to update, we have the right floors Read more…
- September, 11
- 423
- Home Construction
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Tax Consequences for Seniors
The vast majority of seniors need every last dime of their money to enjoy their golden years. Medical and long-term care costs are significant over a lifetime, it doesn’t compare to the accumulated taxes paid over a lifetime. We need to manage both our health and wealth. Part of managing your wealth is managing your taxes and it’s a worthwhile endeavor to learn how to do it. It’s possible that many retirees may be able to generate 10-15% more income by just managing their taxes. And there’s no place better to start than Social Security income. Social Security attracts taxable income like a magnet. With the exception of HSA Accounts, Roth IRAs, Reverse Mortgages and Cash Value Life Insurance, everything falls prey to the provisional income test. Even items you would never consider like municipal bond income or capital gains of non qualified mutual funds or ETFs. Qualified retirement funds are the biggest contributor to Social Security taxation of all income sources. Keep in mind that a qualified plan has no basis, so it’s all taxable. And although you can delay taking distributions from your qualified plan until age 70½, you’re forced to take required minimum distributions (RMDs), which directly Read more…
Mooresville NC Concrete Gunite Pool Builder CPC Pools Is The Superior Year Round Pool Builder
CPC Pools is the superior Mooresville NC concrete gunite pool builder, year round we work with families to make their dream pools come to life. When you’re considering a new pool build reach out to our technicians first- we’re proud to provide the best customer service and base of information for homeowners considering a new pool. We always suggest building a new pool with concrete rather than fiberglass or vinyl for reasons of cost and customization. Concrete pools are by far the most durable of any pool variant and in the long run costs by far less than any other style of pool. Vinyl pools come with hidden and recurring fees, which is why our Mooresville North Carolina superior pool builders always suggest concrete pools- with an upfront price, homeowners needn’t worry about vinyl liner replacements, which can cost $4000 every 3-8 years. Potential buyers know that they’ll be lumbered with these same costs, and adding a vinyl pool to a home often parallels a drop in home value. Fiberglass pools on the other hand are formed from a mold, immediately limiting design and custom options. As the shell is transported from the factory to homes hairline fissures can appear, Read more…
- September, 10
- 413
- Home Construction
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The Tax Sanctuaries
“Sanctuary, sanctuary,â€� cried Quasimodo, the hunchback of Notre Dame as he ran into the church with the convicted woman Esmeralda to escape the lynch mop who had tried her and found her guilty. Back in the day the sanctity of the church was a safe harbor for those fleeing the law. Today many of America’s affluent, upper middle class and even seniors in retirement are fleeing taxes. What tax shelters remain can help you keep more of your money. Here are the most popular for retirement. Health Savings Accounts: Contributing to a qualified health savings account is tax deductible, accumulates tax deferred and is distributed tax-free for medical expenses and medical insurance premiums for coverage like disability, health, Medicare and long term care. The annual contribution limits for 2017 are $3,400 for individuals, $6,750 for married couples and $7,750 for married couples over age 55. There is also a once in a lifetime transfer from an IRA or Roth IRA to an HSA tax free up to $7,750 for married couples over age 55 in a non-contribution year. Roth IRAs: These accumulate tax deferred with tax-free distributions after age 59½. Under the five-year rule you could access part of your Read more…
If You Want to Play with the Big Boys You’ve Got to Learn Some Tax
Even after the Tax Cuts and Jobs Act of 2017, the wealthy are paying at least a third of their income based on the new tax brackets. (And that doesn’t include their state taxes.) But the additional Medicare surtax they pay in wages (.9%) and capital gains investments (3.8%) just add to their IOU that they already owe the government. And the bleeding doesn’t stop there. Many affluent taxpayers are still subject to the alternative minimum tax, a regressive assessment against high-earning Americans to make sure they pay their so- called “fair shareâ€� in taxes. But now it gets really crazy. “If you don’t talk taxes, you’re not in the game as a consultant to the affluent.â€� For decades, the wealthy have used municipal bonds as a safe haven from taxation. And depending on the issuing jurisdiction the interest rate may be tax-free in one place and not in another. So, it’s important to review the tax con- sequences before purchasing a municipal bond. That being said, even some types of muni bonds may trigger an alternative minimum tax event and could, as unlikely as the odds are, create a capital gain scenario. But even if the client’s muni bonds Read more…
Tune In To The Forever Young Radio Show To Learn About Twist 25 DHEA Cream
Listen to the Forever Young radio show this Saturday, September 8, 2018 at 11:10 CST (9:10 am PST) by clicking on the link below from your computer or smart phone. Listeners will get a huge product discount and learn about DHEA, what it is, and why Twist 25 DHEA cream should be a part of the daily routine. Maintain your health!!..because it’s hard to get it back once it is lost. Listen in with us this coming Saturday morning. #hormones #health #sex #menopause #andropause #muscle #fat http://saleminteractivemedia.com/listenlive/player/kcbqam
- September, 7
- 348
- Health & Wellness
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Creating A Legacy with Life Insurance
The economic leverage of life insurance and, in most cases, its tax-free transfer aspect, delivers a financial to beneficiaries like no other product line or planning strategy. Whether indemnifying a single life or two lives, life insurance can pay estate-transfer taxes and costs as well as create an estate with pennies on the dollar. Life insurance is the law of large numbers working for you. Content: Passing an inheritance to family, friends or a beloved charity can financially position them to accomplish goals even when you’re gone. Protecting partners in a business arrangement can add significant solace to the company and fund succession plans in case of the demise of a partner. For domestic planning survivorship, life insurance is ideal, especially if both policy insureds are healthy, but even when they’re not, the leverage or bang for the buck generally remains the economic way to go. The transfer of family assets may incur taxes at the state and federal levels as well as transition costs. With new and improved mortality, survivorship life insurance can also create legacies not just for the succeeding generation, but also for two additional generations. This new trend is already emerging in estate planning where children, Read more…
Make A Wish With Catherine Duc’s ‘Stargazing’ Remix Of Ben Hobbs’ ‘Blind To You’
BEN HOBBS is a South London singer, songwriter, multi-instrumentalist and producer whose sound been compared to Chris Martin meets Sting with nu-80s sensibilities. He is influenced by great pop artists including David Bowie, The Police, The Weeknd and CHVRCHES. Ben has received coverage from notable media outlets such as Billboard, USA Today and BULLETT and has been featured on Spotify’s New Music Friday playlists with over 6 million Spotify plays. He has toured with Alex Clare and will be supporting Bright Light Bright Light. The original version of ‘Blind to You’ is a modern take on 80s pop with catchy hooks and lush arrangements and harmonies. Catherine Duc’s ‘Stargazing’ Remix takes the song into the EDM realm with club-friendly Future Bass vibes in the style of The Chainsmokers, Marshmello and Flume. Catherine is a GRAMMY nominated composer, multi-instrumentalist and remixer who has remixed songs for The Corrs, XYLØ and Paloma Rush. The remix was mastered GRAMMY nominated engineer Gene Grimaldi who has mastered songs for artists such as Lady Gaga and Lana del Rey. ARTIST WEBSITES Ben Hobbs: http://www.BenHobbs.co.uk Catherine Duc: http://www.CatherineDuc.com http://open.spotify.com/album/7BMy6v4hVq89aCe6QWJ0b2