Year: 2016

Taxes Going up 8%?

The honeymoon had to end.  For years online retailers have had a strategic advantage over brick and mortar stores by avoiding state income taxes on sales.  My partner, Michael Wagner, CPA®, has the inside story on why that’s about to change. Stewart: Michael, explain to our readers how the Alabama sales taxes has worked for […]

Compound Interest: Your Best Friend or Your Worst Enemy

Albert Einstein said, “Compound interest is the eighth wonder of the world.  He who understands it, earns it…he who doesn’t, pays it”.  I agree with his statement but also believe most people don’t really understand the magic of compounding.  About six months after starting my first post college graduation job, I started saving money from […]

2 Things Young Adults Must Do

Parents, for most of you, these two “must-dos” for your young adult children probably never crossed your mind. A child becomes a “legal” adult in Alabama at age nineteen. Other states vary from age eighteen to twenty-one. Once a child crosses that legal threshold of child to adult, they need to: Sign an Advanced Directive […]

Best Moves to Avoid Identity Theft

AL.com recently reported on the arrest of a two-man Detroit theft ring who were in possession of 177 stolen identities. Identity theft continues to be a growing multi-billion-dollar problem. I feel like the wildebeest crossing the crocodile infested Mara River. I’m only protected by the law of large numbers. What are your best moves to […]

5 Money Tips for College Students

Soon thousands of young adults will head to college, many for the first time. As parents, what is it that you hope they’ll learn from the college experience? Looking back on my own experience, I realize that I was shipped off with very little guidance and received virtually no guidance along the way. I guess […]

Considering a Divorce? Consider Your Options

The statistical needle hasn’t moved much over the past few decades. The divorce rate in America continues to hover around 50%. I wish this were not the case and I would strongly urge any couple to attempt any and all means to resolve their conflict through other means. Of all the divorces I’ve witnessed, most […]