By Nathan A. Madill, APA, IAR Sobering Stats to consider: An estimated 75% of Americans are behind on their retirement planning, only 6% of all income was contributed to 401(k)s in 2017, the average monthly social security payment to retirees was $1,386 in 2017 and $17,000 was the median retirement savings for families aged 55-61.…
We at JMR Financial Group know how important it is to support the community in which we live, work and serve. We are excited to announce our 1st Annual Give Back to Community program where we will make a donation in one lucky client’s name to a local charity of their choice. JMR will donate…
Business owners – Do you want to save time, increase profits, and hold on to the last shred of your sanity? Outsource Your Accounting, Payroll and Tax Responsibilities By Robin Rosenbaum Entrepreneurs in any industry have one thing in common – they are all short on time. How do you make that final sales pitch and…
Wisconsin’s August back to school sales tax holiday will keep money in the pockets of hardworking taxpayers. Wisconsin sales tax will be waived for everyone on purchases of school-related expenses, including clothing under $75, computers under $750, school computer supplies under $250, and school supplies under $75 from August 1-5, 2018 if they’re delivered to…
For 2018, Wisconsin families who claim the sales tax rebate for children will receive $100 for each child living at home under the age of 18 as of December 31, 2017. That’s a significant return for a single parent of two, especially as the new school year approaches. It will provide them with an additional…
Most of us spend our time and attention on accumulating our retirement nest egg during our working careers with little or no thought on how to use retirement savings as an income stream once in retirement. There are several options available, which one is right for you? You could choose to leave your money in…
The Tax Cuts and Jobs Act was signed by President Trump on December 22. The Act makes sweeping changes to the U.S. tax code and impacts virtually every taxpayer. Individuals are more impacted by the provisions of the act than any other class of taxpayer. With the reduction in effective tax rates, the elimination of…
We have all heard about the New Tax bill, and we have heard a lot! WDIO did a story on the number of people in St. Louis County lining up to pay their taxes early this year to take advantage of the new tax bill. The deadline has since past, but many things are still…