Tax Reform Has Opened Up Many Tax Strategy Opportunities We Can Implement For Birmingham Families And Individuals

I can’t believe it, but here we are, almost done with the month of August (!), school is already starting in many areas where we serve clients, and football is again being discussed as something to pay attention to. This summer has absolutely FLOWN by — and those of us who pay attention to politics are already tired of all … Read More

Randall M. Hancock CPA, PCTax Reform Has Opened Up Many Tax Strategy Opportunities We Can Implement For Birmingham Families And Individuals

A Family Budget Plan By Randall Hancock

family budget plan

Last week I wrote to you about a few financial conversations worth having within a marriage, or any close partnership. As we turn the page into the end of summer, there are a swath of newlyweds out there, and this (and the previous note) might be something useful to send their way. But before I get there, a word about … Read More

Randall M. Hancock CPA, PCA Family Budget Plan By Randall Hancock

Randall Hancock’s Two Financial Exercises To Strengthen Your Family Finances

family finances 

All of the tax media outlets (and even some non-tax ones) were shouting about a new Government Accountability Office (GAO) report that showed that (gasp) millions of taxpayers are underwithholding, and that they will face a tax bill come 2019. Apparently, there was an increase of 3% of those who will owe the IRS due to not adjusting withholding per the new tax law. Fortunately, … Read More

Randall M. Hancock CPA, PCRandall Hancock’s Two Financial Exercises To Strengthen Your Family Finances

Randall Hancock’s Five Key Long-Term Financial Goals

long-term financial goals

It’s helpful to have long-term financial goals at which to aim. But the problem is that there is just SO MUCH financial advice to be had on ye olde World Wide Web that cutting through the noise and finding simple targets is difficult. So, that’s what I’m here to provide today. For those of my clients who are over age 50, this can … Read More

Randall M. Hancock CPA, PCRandall Hancock’s Five Key Long-Term Financial Goals

Randall Hancock’s Guide For Choosing An Executor Of Your Estate Plan

choosing an executor

We love what we do. I’m not sure if it’s always obvious, but perhaps you can take a cue from the fact that I take the time to post you these sorts of notes on a regular basis, if not by other factors. We love this stuff, and consequently, we work hard for our Birmingham clients. Crafting elegant, tax-saving and … Read More

Randall M. Hancock CPA, PCRandall Hancock’s Guide For Choosing An Executor Of Your Estate Plan

New (and Old) Tax Scams Taxpayers In Birmingham Need To Know About

tax scam

You’d think that this would be about golf, since here we are smack in the middle of summer. But I’m here with a word of caution about other kinds of traps, not of the sandy variety. Last week, we spoke about executors, and I’ll return to that subject soon. But today, I thought I’d issue some words of caution about … Read More

Randall M. Hancock CPA, PCNew (and Old) Tax Scams Taxpayers In Birmingham Need To Know About

Birmingham Families Should Not Neglect Estate Planning

estate planning

How is your summer rolling along for you? I’d love it if you sent us an update on what you have been doing … even if it’s just a personal update. (You can send us an email through the link at the top of the page.) We take great joy in knowing that our work is being done on behalf of some … Read More

Randall M. Hancock CPA, PCBirmingham Families Should Not Neglect Estate Planning

Achieve Financial Independence in Birmingham by Outsourcing

financial independence

If you pay close attention to the news media (which I don’t advise, but in our digital world, it can be unavoidable), you might be feeling a weight, almost as if there is a sense of impending doom. I saw a recent survey that indicated that almost one third of respondents felt that we could be headed towards a second civil … Read More

Randall M. Hancock CPA, PCAchieve Financial Independence in Birmingham by Outsourcing

Randall Hancock’s Four Tips On How To Think About Money

how to think about money

It’s been a great pleasure to reconnect with some Birmingham clients this past week, as we have had the opportunity to conspire together about building their financial fortress, with the “new” tax law in mind. There are still plenty of provisions within these new tax regulations for which the IRS has not yet issued clear guidance, but that doesn’t mean … Read More

Randall M. Hancock CPA, PCRandall Hancock’s Four Tips On How To Think About Money

Randall Hancock’s Tax Savings Strategies Stop Loaning The Government Your Money

tax savings

The government doesn’t need a loan from you… that’s what the Federal Reserve is for. That said, the most recent Treasury statement shows that the Feds collected a record $1,143,141,000,000 in individual income taxes through the first eight months of fiscal 2018 — that’s $1.1 TRILLION — and still, the government ran a $532.2 BILLION deficit those same months. So perhaps they … Read More

Randall M. Hancock CPA, PCRandall Hancock’s Tax Savings Strategies Stop Loaning The Government Your Money