The income you receive from disability income insurance may or may not be taxable. The taxability of disability income insurance benefits depends on what type of benefits you receive, whether the premiums were paid with pretax or after-tax dollars, and who paid the premiums (you or your … [Read more...]
Windward Tax Bulletin: Tax Planning Tips for Disability Insurance
Windward Community: 4th of July Fun in KC
Looking for something fun to do tonight to celebrate Independence Day? There is a lot going on in the metro area this week and weekend – from Worlds of Fun BBQ & Boom, to celebrating at the K with the Royals, to Overland Park’s Star Spangled Spectacular event. You can check out all that’s … [Read more...]
Windward Passages: This Is Not A Financial Plan!
Do you have a financial plan? What is a financial plan? We can tell you what is not a financial plan… A plan is not a: a portfolio an asset allocation a personal financial statement a budget a savings account an employer retirement plan If you are accumulating money for a … [Read more...]
Windward Tax Bulletin: Tax Benefits of Home Ownership
In tax lingo, your principal residence is the place where you legally reside. It's typically the place where you spend most of your time, but several other factors are also relevant in determining your principal residence. Many of the tax benefits associated with home ownership apply mainly to your … [Read more...]
Windward Community: A Favorite Spot of Ours
Can you guess which town just outside Kansas City was originally a steamboat landing? That was formally platted by Colonel George S. Park? That features quaint shopping, dining and a historic downtown? And a charming university? Still guessing? If you haven’t been to the small town of … [Read more...]