Blog
The Case Against Woodlands Residents Not Paying Federal Taxes
What a fantastical dream -- to pay no taxes.Now ... would it surprise you if I said most American households (including many Montgomery County households) enjoyed that very dream in 2020 because they ended up not paying federal taxes - not a single dime?Last year’s...
Woodlands Real Estate Investors: The 1031 Tax Deferral May Be Changing
It’s getting harder and harder to brace ourselves for the ongoing images of human struggle. They just keep coming. No matter your position on what’s happening, either nationally or abroad, the possibility of disaster touching us -- that is out of our control -- is...
Aurelia Weems’s Introductory Thoughts About The Proposed Infrastructure Bill
Over the weekend, we were "treated" to heartbreaking images.No matter how any Woodlands person feels about our involvement as a nation in Afghanistan, the human toll of that involvement -- and now our seemingly hurried departure -- can affect the hardest of hearts, if...
Aurelia’s Tips for Protecting Personal Assets
You’ve probably got a story to tell. The one about how you got to where you are today. It probably involves lots of hard work and sacrifice. And money.Last I checked, people weren’t giving away their Woodlandshomes and cars. And I bet that you put locks on that house...
Should Woodlands Parents Take The Child Tax Credit Payments?
The federal government is handing out a lot of money to Woodlands individuals lately. Remember those stimulus payments that started showing up in your bank account last year? There’s more en route...Now comes the federal advance payments of the Child Tax Credit (CTC)....
Aurelia Weems’ Insights on Good Debt Vs Bad Debt
Before I jump into outlining good debt vs bad debt for all those in Woodlands trying to tackle their personal debt, let’s touch on some news from everyone’s not-so-favorite government agency. Late last week (Friday news dump?), ye olde Internal Revenue Service...
Aurelia Weems’s Tax Scams 2021 Edition: The Big 12
Alright, Woodlands readers, before we jump into the tax scams 2021 edition, let’s circle back on some info we posted about recently ... the IRS sent out a lot of moolah last week -- and, if you have children, you might have received some.Note: If you received it, this...
The Latest Advance Child Tax Credit Payment Info for Woodlands Parents
I normally don't send these special bulletins, but I wanted to get this to Woodlands parents ASAP.You probably heard on the news that the IRS is sending out "advance payments" of $250 - $300 per month for children.The first advance child tax credit payments went out...
Being Financially Independent: Planning for the Future Starts Now
I'm going to stick with last week's theme on being financially independent because I got some nice feedback.Before I get there, a quick word about the IRS for our friends in Woodlands...Per Kiplinger, as of June 25, the IRS had a backlog of 16.7 million 2019 and 2020...