Home | Woods Financial and Insurance Services

Get Financial News & Updates Delivered to Your Inbox

Helpful Content

The chances of an IRS audit aren't that high. And being audited does not necessarily imply that the IRS suspects wrongdoing.

You face a risk for which the market does not compensate you, that can not be easily reduced through diversification.

Executors can value the estate on the date of death, or on its six-month anniversary —the “Alternate Valuation Date."

Marriage changes everything, including your insurance needs.

Check out this handy reference of updated ranges from the IRS in case your designated bracket has changed.

When your child has income, there’s a good chance that he or she will need to report it and pay taxes.

The tax rules governing profits you realize from the sale of your home have changed in recent years.

Taking regular, periodic withdrawals during retirement can be quite problematic.

When considering life insurance, it's important to understand your options.

See how inflation over time could affect the purchasing power of your retirement income.

Estimate your potential federal capital gains tax liability on the sale of an asset.

See how increasing your 401(k) contributions today could affect your balance at retirement.

See how catch-up contributions after age 50 could significantly boost your retirement balance.

Estimate how much of your Social Security benefit may be subject to federal income tax.

Compare two different scenarios side by side to see how they stack up over time.

Reviewing coverage options is just one thing responsible pet parents can do to help look out for their dogs.

Selecting a mortgage isn't an easy process. Get a better understanding of how professionals make the right decisions.

Do you have causes that you want to support with donations?

Asking the right questions about how you can save money for retirement without sacrificing your quality of life.

For women, retirement strategy is a long race. It’s helpful to know the route.

Every so often, you'll hear about Social Security benefits running out. But is there truth to the fears, or is it all hype?