Investment Advisors Report a New Generation of Skeptics

Millennials have been scarred by the 2008 financial crisis, difficulty finding work out of college, and managing substantial student debt. Many also witnessed their parents struggle with job and financial security during this time as well. What’s … [Read more]

Financial Advice for the Unemployed

One of the worst financial fears most Americans have is being laid off, and unfortunately this has become all too common. One out of five Americans were laid off in the last 5 years. Therefore it’s no wonder most working professionals fear losing … [Read more]

Make the Most Out of Your Tax Refund

  A tax refund is not a bonus, but people often treat it that way. In reality, your tax refund is a reimbursement from the government for withholding too much of your income. The average federal tax refund this year will exceed $3,000. … [Read more]

New FICO Credit Scoring System

Consumer Credit : New FICO Credit Scoring Method in 2015

FICO, the standard for measuring consumer credit risk, is instituting a new scoring formula in an effort to help high-risk consumers access credit. The new credit scoring formula will take into account how often someone changes addresses and payment … [Read more]

irs audit

These Mistakes Could Lead To An IRS Audit

Tax season is here once again. Keep these common mistakes and pitfalls in mind when filing your tax return to avoid a visit from the Internal Revenue Service. Accurate Income Reporting The income reported on Form W-2 and Form 1099 needs to match … [Read more]

Retirement Income Payment Plans – Choose Wisely

If you are getting ready to retire,  you may find yourself faced with the question of how you should receive income payments – in increments or all at once. Most people end up choosing steady payments, or "life annuity".  Having that steady income … [Read more]

Millan & Co | Consultants and CPAs | (512) 479-6819

Tax Changes in 2015: Stay Up-to-Date!

  Each year U.S. tax codes undergo various changes. Staying on top of these changes can help save you more money and avoid hassles and headaches come Tax Day. Here are two major tax changes in 2015 that you'll want to know when you … [Read more]

Millan & Co CPAs | Retirement Planning | (512) 479-6619

Retirement Planning: Don’t delay, start now.

These days, retirement looks nothing like it did generations ago. This means that retirement planning has evolved as well. Long gone are the days of guaranteed pensions and health insurance for life.  With growing health consciousness and longer life … [Read more]