#TBT Don’t Do Something. Just Stand There!
with No Comments

You learn a lot by the discipline of reading old news.

#TBT How Long Should I Keep Financial and Tax Records?
with No Comments

Whenever the IRS challenges you, the burden of producing evidence that your claims are true rests entirely with you.

#TBT How to Claim Your Virginia State Tax 529 Contribution Deduction
with No Comments

Form ADJ of the 760 lines 8a – 8c are where you report miscellaneous deductions.

#TBT How to Deduct U.S. Debt Obligations on State Tax Returns
with No Comments

Some states do not tax their residents on income from a mutual fund that was earned on U.S. government obligations.

#TBT Why the Tax on Your Roth Conversion Hurts So Much
with No Comments

Roth conversions pay off. Repeat it to yourself now. Repeat it to yourself at tax time. Roth conversions pay off.

#TBT How to Report NAP Credits on a Virginia Return
with No Comments

Luckily, reporting and using your tax credits on your state tax return is very straightforward.

#TBT Do Children Need To File A Tax Return To Fund Their Roth IRA?
with No Comments

Don’t let stress about tax filing requirements keep you or your child from a powerful opportunity to provide for their future.

#TBT Tax Table and Tax Computation Worksheet
with No Comments

The strangest fluke of the tax return is that the actual calculation of how much base tax you owe does not have a form; it has this worksheet.

#TBT Qualified Dividends and Capital Gains Worksheet
with No Comments

The 25 lines are so simplified, they end up being difficult to follow what exactly they do. So, for those of you who are curious, here’s what they do.

#TBT Do I Need to Pay Tax on This 1099-R?
with No Comments

The given numbers on a 1099-R are insufficient to be able to fill out your tax return correctly. Knowledge of what was actually done is required in order to file your taxes accurately.

#TBT Where to Find Statements and Tax Documents on Schwab.com
with No Comments

Following this guide, you should be able to easily download any account documents you want.

Few Spaces Left in Marotta’s Online Class (Thursdays in March 2022)
with No Comments

The class will be held virtually on Zoom each Thursday from noon to 1:00 PM EST between March 10 and March 31, 2022.

#TBT How to Report a Backdoor Roth or Nondeductible Contribution on Your Tax Return
with No Comments

This 2020 article is for tax preparers of the world. If you did a backdoor Roth this year, send it to yours.

#TBT No One Tells the IRS You Did a QCD Except You
with No Comments

Be sure to remember to tell your tax preparer that you did a QCD.

#BestOf2021 The Value of Systematic Roth Conversions
with No Comments

Why do people do Roth conversions? Should I? This timeless article and video answers all your questions.

#TBT Roth Conversions are More Valuable During Bear Markets
with No Comments

This 2020 article reminds us that if you ever sad about the size of your IRA balance, it might be a good time to convert to Roth.

#BestOf2021 Can Someone Else Gift to My Roth IRA?
with No Comments

Many people think that Roth IRA contributions can only be from earned income. Those people are only half right.

#BestOf2021 Should I Pay Off My Mortgage?
with No Comments

Many financial writers get the answer to this question wrong.

#BestOf2021 What are the Tax Rates for an Inherited IRA?
with No Comments

The tax code is confusing. Are inherited IRAs taxed at estate rates? As income? At all? This article answers.

#TBT Financial Help for the New Year
with No Comments

A 2007 article that stands the test of time. This is the year you should keep your financial resolutions. Getting help from an objective advisor can provide both a powerful catalyst for action and real peace of mind.

#TBT Marotta on A Christmas Carol
with No Comments

Charles Dickens’s A Christmas Carol is one of the best stories for talking about economics. This 2003 – 2012 series uses the classic tale to illustrate different financial personalities, principles, and philosophies.

#TBT Five Ways to Thrift Your Empty Gearharts Chocolates Box
with No Comments

Hopefully, some of these ideas inspire you to reuse various treasures you didn’t know you had.

#TBT The Haunting of Bob Cratchit: A Book from David Marotta
with No Comments

Did you know David wrote a Christmas novel? This 2020 book by David John Marotta and Brendon Marotta makes you rethink what is happening in Charles Dickens’ A Christmas Carol.

#TBT Don’t Eat Yourself Out of Financial Security
with No Comments

As this 2003 post remind us, “The worst financial problems stem from trying to live a champagne and caviar lifestyle on a beer and chips budget” and it has a few common sense rules to uncommon cents savings.

#TBT How Not to Go Broke at Thanksgiving
with No Comments

As the season of holiday shopping approaches, this 2018 article reminds us, “Before you throw your money at various companies, squirrel some savings away for your future self.”

#TBT A Wealth of Satisfaction
with No Comments

This 2011 article reminds us that there will never be another you in the history of the universe. Sometimes that is just the reminder we need.

#TBT How to Spend: Add It To Your Wishlist
with No Comments

A wishlist is a force of thrift both for you to defer your consumption and for your family and friends to ensure that all the value of their gift makes it to your heart.

#TBT Full-Nest Syndrome
with No Comments

Many adult children are returning to live at home somewhat involuntarily. What can parents do to help? This 2011 article offers some wisdom.

#TBT The Benefits of Saving and Investing Early
with No Comments

This 2014 article reminds us: don’t wait until you “have more” or “make extra money” – start saving now! It is worth more.

#TBT Can a 529 Reimburse for Last Year’s Expenses?
with No Comments

Unfortunately, there is no correct answer to this question, but here is what we do know.

#TBT How to Self-Insure for Long-Term Care Health Expenses
with No Comments

Long-Term Care insurance is too risky and too expensive. If you can self-insure, you will likely be better off.

#TBT My Grandfather’s Journal: Don’t Be Afraid to Try
with No Comments

I have enjoyed rereading the journal of my maternal grandfather, Donald Mortlock. He started writing it on his 75th birthday.

#TBT Appreciating Donor Advised Funds
with No Comments

There are five ways that both you and the government could make charitable giving more significant.

#TBT Which Products Do You Buy and Which Do You Avoid?
with No Comments

The selection of what products we purchase or avoid for clients is based solely on what we believe gives our clients the best chance to meet their goals.

#TBT Learning to Live on Your Own
with No Comments

Here are several tips on how to live richly on your own.

#TBT How To Get Out Of Debt
with No Comments

This five-part series on “How to Get Out of Debt” will try to address the concerns of those who have debt problems.

#TBT Customer Service Lessons from Toddler Parenting
with No Comments

Although emotions do mature with age, many of the things that upset toddlers upset adults too, we just hide it better.

#TBT How to Fund Your Roth with Babysitting Money
with No Comments

For domestic tasks like babysitting there are often two options: independent contractor or household employee. Taking the time to educate yourself on the difference may be worth your while.

#TBT Can I Use 529 Funds for Off-Campus Housing?
with No Comments

In general, you can use 529 funds to pay for your student’s off-campus housing costs. However, housing is one of many expenses that are subject to a reimbursement limit.

#TBT Taxing Capital Gains Unfairly Taxes Inflation
with No Comments

Punishing people for inflation is neither fair nor good economic policy.

#TBT Things to Think About Before You Invest
with No Comments

Knowledge and emotion can play off each other in ways that cause investing mistakes.

#TBT The Real and Present Danger of Inflation, Even for Babies
with No Comments

Investors greatly underestimate the danger of inflation.

#TBT Never Lend to Family Without a Contract
with No Comments

This 2015 article reminds us how unspoken expectations can cause relational strife but a written contract can protect the relationship.

#TBT One Method To Estimate Future Inflation Expectations
with No Comments

One method of crowd sourcing expectations about inflation is to look at the current differences between the maturity rates of a 5-Year Treasury Bond and a 5-Year Treasury Inflation-Indexed Bond.

#TBT How to Handle Your Paycheck Like a Boss
with No Comments

This throwback to Libby’s first article at Marotta teaches us how to be prepared for life’s expenses and plan ahead for all future goals.

#TBT Marotta’s Frequently Asked Questions
with No Comments

When interviewing a new financial advisor, we believe there are at least ten important questions to ask. Then, just to be safe, we answered 32 frequently asked questions and welcome more.

#TBT In Which Investment Vehicle Should I Stage My Spending Money?
with No Comments

The addition of stable investments can help dampen the risk and increase the chances of meeting your spending goals.

#TBT Most People Take Social Security At The Worst Possible Age
with No Comments

This 2016 article reminds us that, “Unless you are certain that are going to die young, there is no good reason to risk starting Social Security at age 62.”

#TBT Three Strategies to Avoid Private Mortgage Insurance
with No Comments

Avoiding PMI, if possible, is better for your long-term finances. Here are three strategies to avoid PMI.

#TBT Everyone Needs Some Frivolous Purchases
with No Comments

Everyone needs some fun in their life, and sometimes fun costs a little money. This 2004 article shares six guidelines for dealing with purchases that might be considered frivolous.

1 2 3

Like what you read? Subscribe to our newsletter!