5 Tips for Avoiding an IRS Audit For Optometrists

While an IRS audit can happen via random selection, in many cases, it’s the actions of the taxpayer that trigger the audit process. And that’s why we put together this helpful guide—outlining five common red flags. Understanding these triggers can save you a lot of potential trouble and anxiety.

Read More

Annual Report: 2020

Hello ODs on Finance Family, Well 2020 has surely been a year!  Let’s be honest, we all went into the year 2020 with big expectations – but the so-called Year of the Optometrist had some nasty surprises up its sleeve.  Despite the trials and tribulations that 2020 brought, it also brought important lessons, and the…

Read More

8 New Year’s Financial Resolutions

The year 2021 is here. In our opinion, 2021 has it pretty easy. I mean, how much worse can it get after 2020? Joking aside, the beginning of the year presents a great time to take inventory of life and evaluate your financial health for the next 365 days. Here are a few New Year’s financial resolutions to get you started.

Read More

What is Tax Loss Harvesting and How Can It Help Me?

When the stock market experiences volatility, fear is often a resulting emotion.  Fear can lead an individual to do irrational things, one of which is selling at a loss.  From a long term investing perspective, selling in a down market is seen as a losing move, however there is one silver lining to selling stocks…

Read More

All You Need to Know about the PPP Flex Act

Since the COVID-19 pandemic hit the United States, Congress has passed a number of bipartisan bills aimed at helping the economy in a number of ways. One of the most recent is the Paycheck Protection Program Flexibility Act (PPPFA), which was signed by President Trump on June 5th. This article will answer all your questions…

Read More

CARES Act: Program Updates April 2020

[Disclaimer] This article was written to the best of our knowledge with the latest news released from the Federal government. There are many moving parts to both of these programs, and as the days and weeks pass, there may be more clarification to some parts that are vague or confusing. Please be mindful, that I…

Read More

The Optometrist’s Guide to Investing 101: An Introduction

The Optometrist’s Guide to Investing 101 The Optometrist’s Guide to Investing 101: An IntroductionChapter 1: What is an Investment & Basic Investing TermsChapter 2: How to Create The Ideal Portfolio of Stocks and Bonds?Chapter 3: How to Rebalance your Asset Allocation & Additional ClassesChapter 4: How to Quickly Assess a Mutual or Index Fund?Chapter 5:…

Read More

The Optometrist’s Guide to Investing 101 Chapter 6: How to Monitor your Investment Performance and other Wealth-Building Tips

The Optometrist’s Guide to Investing 101 The Optometrist’s Guide to Investing 101: An IntroductionChapter 1: What is an Investment & Basic Investing TermsChapter 2: How to Create The Ideal Portfolio of Stocks and Bonds?Chapter 3: How to Rebalance your Asset Allocation & Additional ClassesChapter 4: How to Quickly Assess a Mutual or Index Fund?Chapter 5:…

Read More