Married Filing Separately and IRA/Roth Contributions

Married filing separately: IRA Deduction Amount and Modified AGI (MAGI) Limits for Traditional and Roth IRA Contributions For 2025, the maximum combined traditional IRA deduction or Roth contribution is $7,000 ($8,000 if age 50 or older). For taxpayers who are covered...

The State of Small Business Marketing

The small businesses know they are missing significant opportunities to market their companies. And they plan to do better this year. In fact, 39% say they will increase their marketing budgets, and 46% expect to spend at least 10% more than last year. Most small...

Safe Gun Storage Act

In 2024, gun related deaths were 3% lower in Illinois than the overall rate for the US.  So, Uncle Pritzker has signed yet more legislation stipulating how people are to behave. Starting January 1, Illinois gun owners have yet more stricter requirements under the...

Money Languages

I was watching the WGN 6 at 6, and they had a quick topic on the 7 types of money languages.  Now I was surprised that I was unfamiliar with money languages to begin with, let alone 7.  So, I started looking into this and found that 7 was not the only or the...

Password Manager

I was reading a WSJ article about what happens if lost your phone and that was where you kept all of all of your passwords. Also, how much variation do you really have in your passwords.  Most people have a system that follows a natural progression and is not that...

Pin It on Pinterest