49 Blackburn Center, Gloucester MA | 100 Cummings Ctr, Ste 106H, Beverly, MA

Category: Money Management

Money Management Assistance

Mar 26, 2021 Managing our finances can stymie even the best and brightest among us. Sometimes we need help, even if our finances are not complicated. As we age, managing the day-to-day tasks that involve our money–from paying the bills and balancing the checkbook to giving to charity, filing insurance claims, managing Medicare and/or Medicaid…
Read more

Tax Preparation Assistance (2021)

Updated Mar 19, 2021 Quick link: Tax Aide Resource Guide Important update: The U.S. Treasury Department and Internal Revenue Service have announced that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. More information. For this year’s tax…
Read more

Getting Out of Debt

Feb 22, 2019 If you are over 55 and in debt you are not alone. The average household headed by someone age 55 or older had $76,679 of debt in 2016 according to the Employee Benefit Research Institute. A survey conducted by SSRS Omnibus on behalf of financial website Bankrate.com found that 19% of baby…
Read more

Circuit Breaker Tax Credit

Feb 1, 2019 If you are a senior homeowner or renter, you may be eligible for the 2018 Massachusetts “circuit breaker” tax credit.  The program is for those aged 65 or older, whose property taxes (or 25% of rent) exceed 10% of their annual income. The following are the eligibility requirements to qualify for the…
Read more