Owning an income property on Cape Cod, the Islands or anywhere in Massachusetts can be a smart way to build wealth, but navigating Massachusetts’ complex tax and rental landscape is critical to maximizing your income. Whether you’re renting out a beach cottage for the summer or managing a multi-family in Boston, working with a financial advisor who is well-versed in rental properties and the tax code can make a real difference.

Selling a business. Exercising stock options. Cashing in on a windfall. Moments like these can be life-changing, and tax-changing. A seasoned financial advisor can help clients avoid the tax shock by implementing proactive tax strategies. The biggest mistake clients make is waiting until the liquidity event has already occurred to engage a financial planner. By that point, many of the best strategies tax mitigating strategies are off the table.

Massachusetts offers two distinct 529 plan options (the U.Fund and U.Plan) and offers state income tax deduction for contributions to its official plans, something not offered in every state. Massachusetts is also home to a dense concentration of both top-tier private institutions and strong in-state public universities, which means families here may be weighing a broader range of education paths than in other parts of the country.

Massachusetts families are in for an expensive summer. According to recent reports, New England households are expected to pay an average of $922 in electricity costs over the summer months, the highest in 12 years. With temperatures rising and energy costs surging, many residents are left wondering how to keep household expenses under control.

Global stock markets have seen sharp declines. The S&P 500 dropped 4.3% in a single week in March, marking its first 10% correction in two years. Tech stocks, heavily reliant on international supply chains, have been hit hard, and consumer goods prices are expected to rise as companies pass on higher import costs. In this environment, having a financial advisor who understands your unique needs isn’t just a luxury, it’s a necessity.

The financial landscape has changed dramatically in recent years. With more complex tax laws, shifting regulations, and an increase in freelance and gig economy workers, individuals and businesses are relying more heavily on CPAs to manage their taxes and finances. On top of that, the COVID-19 pandemic created additional complications like government stimulus packages, tax breaks, and other financial assistance programs that required a high level of expertise. As a result, the demand for CPAs has surged, yet the supply hasn’t kept up.

In today's fast-paced world, managing your finances can often feel overwhelming. With the complexity of investments, retirement planning, tax strategies, and estate planning, it’s no wonder many people seek professional guidance. Here are compelling reasons why hiring a financial advisor fit for you can be one of the best decisions you make for your financial future.

When it comes to managing your finances, the guidance of a financial advisor can be invaluable. However, not all advisors are created equal, and finding one that aligns with your needs, values, and financial goals is crucial. Here’s why hiring a financial advisor who is a good fit for you can make all the difference in your financial journey.

Saving for college is one of the biggest financial challenges parents face today. The rising cost of tuition, room, board, and other expenses makes it more important than ever to start saving early. A 529 college savings plan is a popular tool for funding education, but many people don’t fully understand how it works or how they can maximize its benefits. Let’s uncover what most people don’t know about 529 plans, and why it’s critical to find the right financial advisor to ensure you're using a 529 plan in the most efficient and effective way possible.

There are a innumerable benefits to hiring a financial advisor. But it is imperative to find an advisor that will provide quality service and cater to your unique needs. Financial Fit does just that, matching you with high quality investment professionals that are a good fit for your financial goals and background.