TAX & FINANCIAL INSIGHTS BLOG
December 2, 2021
What is a Michigan Education Savings Plan? Enter to win a $500 contribution to a savings plan of your choice!
November 4, 2021
Anyone can enter and give the $500 to the recipient of their choice.
August 19, 2021
What is inflation and should you be concerned that it is on the rise right now?
July 22, 2020
The last 10 years have been smooth sailing for investors. The upward trend of the market came to a halt earlier this year but the market dropped 30% over 22 days. The market has changed and so should your investment strategy. Here are three things to consider.
March 9, 2020
On January 1, 2020 the latest revision of the Secure Act was passed at the federal level. There were many changes in this Act but there is only one that really matters and it should cause all of us to re-evaluate our retirement strategy.
August 8, 2019
If you’re unsure if your financial advisor is a best fit for your needs ask him or her the questions below. Follow our guide to what their answers should be and if the responses are not lining up or you’re unsure of their responses feel free to sit down with an investment professional at Kroon & Mitchell for a free review.
August 8, 2019
We just finished filing taxes under the largest reform in 30 years! As we reflect back on this filing we’ve compiled a list of key takeaways for family business owners. The biggest changes are: the increase of standard deductions, changes to the income tax brackets and the addition of a new qualified business income deduction.
August 2, 2019
The best financial strategy always starts with your taxes. Here find our top 5 tips for saving on your taxes in retirement.
July 2, 2019
One of the key things we do is educate our clients on the different savings and investment tools available. One of the critical points of confusion we try to dispel are the strengths and weaknesses between Traditional and Roth IRAs. We often see clients who are entirely sold on one over the other even though the best retirement plans usually involve a mix of the two at different times in the income and savings cycle. Timing and planning are both critical aspects for determining when to use each vehicle.
April 30, 2019
According to the CFA Institute, a global organization of investment professionals, you as an investor have certain rights - 10 to be exact.
Here’s an inside look on the first investor right as established by the institute…
December 29, 2017
Grand Rapids Business Journal interviewed our own Phil Mitchell to get his comments on the 2018 Federal Tax Reform.
April 2, 2018
One can never underestimate the importance on having a trusted financial advisor. Forbes.com shared comments from Phil Mitchell on tell-tale signs you could be heading for trouble.
April 11, 2018
Shelley Irwin interviewed our own Phil Mitchell along with Dennis Echelbarger to talk last minute tax preparation tips.
May 2, 2018
Divorce is the perfect storm when major unpredictable factors merge together to become a force to be reckoned with. There are the legal, financial, emotional and spiritual areas that can be frightening and make you feel like you are losing control. Even true for those who have captained the seas of life for a long time. Because at any time the winds can change, the unknown forces can lead you to shipwreck your life.
July 31, 2018
Unfortunately, investment missteps are the kind that can come back to haunt you in the future, especially when it comes to retirement planning. In this article we look at how much you should set aside for retirement and how much should go into the right kind of long-term investments. Learn about the long-term benefits.
October 19, 2018
Grand Rapids Business Journal interviewed our own Phil Mitchell to get his comments on how the new tax law impacts charitable giving.