Smart, Simple Wealth

Episode 37: End of Year Tax Tips with Jeff Wicker, CPA

Our final episode of 2021 is packed with lots of great information about tax tips for the end of the year. But you'll also learn a lot about what to expect as we head into 2022 and beyond. We'll discuss the Infrastructure Investment and Jobs Act, tax savings steps for individuals and businesses, plus much more. RMDs, QCDs, child tax credits, donations, appreciation... You get the idea. We're going to cover it all on this episode. To help us navigate it all we've brought onto the show Jeff Wicker, CPA. He's the Managing Partner in the Jonesboro office of Thomas, Speight and Noble, the region's largest CPA firm.

Important Links:

Jeff Wicker's Website: https://www.tsncpa.com/

Jeff Wicker's Phone Number: 870-336-0682

Jeff Wicker's Email: jlwicker@tsncpa.com

Quraishi Law Firm: https://quraishilaw.com/

Wealth Protection Toolkit: https://go.quraishilaw.com/toolkit-new

Smart, Simple Wealth Book: https://go.quraishilaw.com/freebook

Defuse: 7 Steps to Protecting your 401k from the Ticking Tax Time Bomb: https://bit.ly/3fXcEhT

Episode 36: Charitable Planning Ideas With Special Guest Rebecca Hendrix, Food Bank of Northeast Arkansas

It's the perfect time of year to start thinking about how charitable giving fits into your financial plan and goals. Rebecca Hendrix from the Food Bank of Northeast Arkansas joins Carrie for a great discussion on how you can help the Food Bank this winter. They'll also cover other charitable topics like gifting cash & appreciated securities, using your 401(k) or IRA to give to charity to take care of tax advantages, donor advised funds, and much more. We'll also answer a great listener question about balancing the competing priorities of wanting to allocate enough of your savings for your own retirement vs. passing money to the next generation vs. giving to charity.

Important Links:

Northeast Arkansas Food Bank Website: foodbankofnea.org/donate

Northeast Arkansas Food Bank Phone Number: 870-932-3663

Northeast Arkansas Food Bank Mailing Address:  P.O. Box 2097, Jonesboro, AR 72402

Quraishi Law Firm: https://quraishilaw.com/

Wealth Protection Toolkit: https://go.quraishilaw.com/toolkit-new

Smart, Simple Wealth Book: https://go.quraishilaw.com/freebook

Defuse: 7 Steps to Protecting your 401k from the Ticking Tax Time Bomb: https://bit.ly/3fXcEhT

Episode 35: What To Know About Cyber Liability Insurance

October is Cyber Awareness Month and the topic has never been more important for small business owners to understand. In fact, in the wake of COVID-19, cyber-crime has risen exponentially. Hackers are preying on our increasing need for digital communication. Andy Runyan and Phillip Greer from Block Insurance join the show again to share stories about everyday business owners who have been impacted by cyber crime. They'll also explore with Carrie what cyber policies cover in case you're looking for a way to protect yourself and your business. If you have any questions, reach out to Block Insurance online at https://www.blockinsurance.com/ or call 870-236-8744.

Important Links:

Quraishi Law Firm: https://quraishilaw.com/

Wealth Protection Toolkit: https://go.quraishilaw.com/toolkit-new

Smart, Simple Wealth Book: https://go.quraishilaw.com/freebook

Defuse: 7 Steps to Protecting your 401k from the Ticking Tax Time Bomb: https://bit.ly/3fXcEhT

Episode 34: What Every Business Owner Needs To Know About Health Insurance

How is health insurance changing for small-to-medium sized employers? What are the benefits to employers and employees of self-funded plans? Guests Andy Runyan and Phillip Greer from Block Insurance help Carrie answer these questions and more on today's episode. And if you have any questions, reach out to Block Insurance online at https://www.blockinsurance.com/ or call 870-236-8744.

Important Links:

Quraishi Law Firm: https://quraishilaw.com/

Wealth Protection Toolkit: https://go.quraishilaw.com/toolkit-new

Smart, Simple Wealth Book: https://go.quraishilaw.com/freebook

Defuse: 7 Steps to Protecting your 401k from the Ticking Tax Time Bomb: https://bit.ly/3fXcEhT

Episode 33: Will Rogers’ Retirement Advice

What can we learn about retirement planning from the great Will Rogers? We'll explore some of his famous quotes and see what lessons we can learn.

Important Links:

Quraishi Law Firm: https://quraishilaw.com/

Wealth Protection Toolkit: https://go.quraishilaw.com/toolkit-new

Smart, Simple Wealth Book: https://go.quraishilaw.com/freebook

Defuse: 7 Steps to Protecting your 401k from the Ticking Tax Time Bomb: https://bit.ly/3fXcEhT

Episode 32: Financial Fact or Fiction

Sometimes the easiest way to learn about something is make it really simple. Like some of the first true/false tests you might have taken in school, let’s play a round of fact or fiction to test your financial planning acuity.

Important Links:

Quraishi Law Firm: https://quraishilaw.com/

Wealth Protection Toolkit: https://go.quraishilaw.com/toolkit-new

Smart, Simple Wealth Book: https://go.quraishilaw.com/freebook

Episode 31: Retirement Planning For Business Owners

Business owners are particularly vulnerable to some misconceptions and false assumptions about their retirement. Let’s address a few of these issues…

Important Links:

Quraishi Law Firm: https://quraishilaw.com/

Wealth Protection Toolkit: https://go.quraishilaw.com/toolkit-new

Smart, Simple Wealth Book: https://go.quraishilaw.com/freebook

Episode 30: How Women Can Make Sure They’re Involved In Financial Decisions

A recent survey found that nearly half of the female respondents said they defer major financial and investment decisions to their spouses. Most of the explanations amounted to just wanting to stick their heads in the sand. They want to just know they’re taken care of, but not get mired in the minutia. But we’ve heard countless stories of why this is a bad idea because one day you might become the lead decision maker. On this episode, let’s go over some tips for how women can get back in the game when it comes to involvement in the process of making financial decisions.

Important Links:

Quraishi Law Firm: https://quraishilaw.com/

Wealth Protection Toolkit: https://go.quraishilaw.com/toolkit-new

Smart, Simple Wealth Book: https://go.quraishilaw.com/freebook

The Things Nobody Says To Their Financial Advisor

You’ve probably never heard anyone make these statements that we’ll provide on today’s episode. And there are some great reasons why…

Important Links:

Quraishi Law Firm: https://quraishilaw.com/

Wealth Protection Toolkit: https://go.quraishilaw.com/toolkit-new

Smart, Simple Wealth Book: https://go.quraishilaw.com/freebook

End Of Year Planning Tasks

Let’s explore some of the things you should be thinking about and checking on as we wrap up 2020 and begin 2021.

Important Links:

Quraishi Law Firm: https://quraishilaw.com/

Wealth Protection Toolkit: https://go.quraishilaw.com/toolkit-new

Smart, Simple Wealth Book: https://go.quraishilaw.com/freebook

What Retirees Should Know About Wills & Trusts

People often overlook the estate planning side of preparing for retirement. There are a lot of misunderstandings about trusts and wills and the roles they play in the equation. On this episode, we’ll explore some of the critical questions you should ask about these strategies as you prepare for retirement.

Important Links:

Quraishi Law Firm: https://quraishilaw.com/

Wealth Protection Toolkit: https://go.quraishilaw.com/toolkit-new

Smart, Simple Wealth Book: https://go.quraishilaw.com/freebook

Following The Financial Commandments

On this episode, we present you with five commandments that are worth of being written on stone tablets in your retirement plan.

Important Links:

Quraishi Law Firm: https://quraishilaw.com/

Wealth Protection Toolkit: https://go.quraishilaw.com/toolkit-new

Smart, Simple Wealth Book: https://go.quraishilaw.com/freebook

Financial & Estate Issues Particularly Challenging For Women

Many financial and legal issues impact us all the same. But, of course, other challenges have varying impacts from person to person because our situations are all unique. Let’s take a look at some of the financial and retirement challenges that are unique to women.

Important Links:

Quraishi Law Firm: https://quraishilaw.com/

Wealth Protection Toolkit: https://go.quraishilaw.com/toolkit-new

Smart, Simple Wealth Book: https://go.quraishilaw.com/freebook

Meet New Attorney Kalee Haywood

The newest member of the Quraishi Law & Wealth team, Attorney Kalee Haywood, joins the show. Kalee completed her undergraduate work at Arkansas State University before obtaining her Juris Doctor Degree from the University of Arkansas School of Law. Before joining the firm, she was an attorney specialist with the Office of Chief Counsel of the Arkansas Department of Human Services and also worked in private practices. Learn more about Kalee's background, what she brings to the table, and welcome to her to the team by tuning into today's episode!

Important Links:

Quraishi Law Firm: https://quraishilaw.com/

Wealth Protection Toolkit: https://go.quraishilaw.com/toolkit-new

Smart, Simple Wealth Book: https://go.quraishilaw.com/freebook

Be Careful With DIY Legal Documents During COVID

During COVID-19 you might be tempted to take the easy way out on some things like getting your legal and financial house in order. But think twice before using a simple online form or free service to handle your most important financial and legal documents. Some really simple mistakes you can make when doing the DIY approach can really mess up your overall plan. On this episode, Carrie will talk to us about some of the close calls she's seen people make the past few months and how you can avoid falling into a similar trap. We'll also answer a question from Emily about seeking protection instead of growth during this time of market volatility.

Important Links:

Quraishi Law Firm: https://quraishilaw.com/

Wealth Protection Toolkit: https://go.quraishilaw.com/toolkit-new

Smart, Simple Wealth Book: https://go.quraishilaw.com/freebook

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