Mark Garro

Retirees Can Save Thousands on Tax When Selling Their Home

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Selling a home can be a significant financial event, especially for those approaching retirement. Understanding capital gains tax and its implications is crucial for homeowners who stand to profit substantially from their property sales. There are significant challenges and multiple options for homeowners that stand to benefit from downsizing. Understanding Capital Gains Tax Capital gains … Read more

Cost of Living Agony: More Pain for Americans as High Prices Continue in 2024

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The latest consumer price index reveals a higher-than-expected rise in December, signaling ongoing inflationary pressures. What does it mean for consumers?  Higher-Than-Expected Price Increase In December, the consumer price index (CPI) in the United States rose by 0.3%, surpassing economists’ predictions. This unexpected increase brings the annual inflation rate to 3.4%, indicating that inflationary pressures … Read more