Finance

As we begin the new year, here are some ideas to help create financial savvy children and grandchildren. It’s never too late to impart your wisdom. Here are some age-relevant…

Do you have a college-bound student or recent grad in your life? The financial steps they take today can make a big impact over their lifetime. The college and early…

Each year, the IRS publishes the top dozen tax scams it encounters over the prior year. One of them that makes an all too common appearance on their list is…

With the changes happening in Washington, D.C., there is now some uncertainty about what tax policies we may see in 2025 and beyond. During this time of uncertainty, it is…

We are a generation past the hardships of the dust bowl and the Great Depression. And we are a generation well into an economy based upon consumption. And in this…

Social media is an easy way for scammers and others to try encouraging people to pursue some really bad ideas, and that includes ways to magically increase your tax refund….

Heather Krause, branch director and financial advisor in RBC Wealth Management’s Edmonds office, has been named the recipient of the firm’s 2024 Gail Winslow Award. The annual award recognizes women…

Are you changing jobs soon? If so, you’ll obviously be interested in your new salary — but you’ll also want to look at other financial considerations. Here are some of…

Each of us needs to keep records that substantiate our tax return or other important life events for as long as they are needed. So what does this mean? The…

If you have problems getting to sleep at night and you turn to the IRS tax code for help, you might find some vocabulary that is very foreign to you….

The Social Security Administration announced a 2.5% boost to monthly Social Security and Supplemental Security Income (SSI) benefits for 2025, another rate drop versus last year’s increase of 3.2%. The…

The holiday season is a time of generosity and community. In the financial world, year-end is also the time to make decisions that will affect next year’s tax filings. At…

As we enter the holiday season, your life may well become busier. Still, you might want to take the time to consider some financial moves before we turn the calendar…

At the end of each year there are a number of things to consider that may have a positive impact on your tax obligation. Here is a list of 15…

It’s easy to feel secure about the money you deposit with a bank you’ve come to trust. After all, most banks and credit unions offer certain levels of protection against…

We would like to thank the Edmonds Community and My Edmonds News readers who voted for us in the Best of Edmonds.  We are so humbled and honored to have…

All Americans are now allowed to withdraw up to $1,000 every year from retirement accounts to pay for a broad range of emergency expenses. There are several reasons, however, why…

Very few things in life can create a higher degree of stress than having your Social Security number (SSN) stolen. This is because, unlike other forms of identification, your SSN…

Creating a sound financial foundation for you and your family is anything but easy. It is tough to save when everyone is tempting you with adding one monthly service after…

With the presidential election just a few weeks away, the public is naturally interested in not just the outcome but what the results will mean for issues of national importance….

In our fast-moving world, using concise yet descriptive words and phrases can be very powerful when communicating important thoughts and ideas. While the term can incite eye-rolls if overused, certain…

If someone asks what your most valuable asset is, your answer might be your house, vehicle or investment portfolio. But there’s another answer to this question that’s worth considering –…

You’ve loved dogs all your life so you decide to start a dog training business. Turning your hobby into a business can provide tax benefits if you do it right….

RBC Wealth Management is pleased to announce Heather Krause was named to the Forbes Top Wealth Advisors Best-In-State list. This is the fourth year in a row that she has…

When it comes to the perception of IRS audits, conjecture reigns supreme. The combination of the complex tax code and a government agency with the full authority to enforce it…