Rick Wright of Coastal Tax Centers on Knowing Your Largest Expense
Click here and watch as the President of Coastal Tax Centers Rick Wright talks about the importance of helping clients identify their largest expense.
Pandemic presents challenges to finances, loans, insurance coverage
As featured in Savannah Morning News on May 29, 2020 Along with new daily routines that include social distancing and personal protective equipment, such as masks and gloves, the COVID-19 pandemic has also presented a new challenge for both business owners and individuals when it comes to retirement finances, navigating new loan programs, such as…
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An Explanation of the CARE Act and How It Applies to 401k Loans
SAVANNAH, Ga., – Three hundred and thirty five pages of dense legal language is keeping tax attorneys, accountants and other professionals extremely busy these days. One obscure provision is located on page 62, under the title Special Rules for use of Retirement Plans. The document notes an increase in 401k loan provisions to $100,000 and…
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In this COVID-19 Storm Season, We Should P.R.A.Y
Rick Wright discusses with WTKS Radio Personality Bill Edwards his thoughts on how our current situation is very comparable to storm season. In addition, he explains how the acronym P.R.A.Y will help guide you in weathering your financial situation due to COVID-19.
God Versus Data – In Whom Do We Trust
On the back of a dollar bill and our license plate we see “In God We Trust.” But these days our lives are controlled and guided by the COVID-19 data. The data is fed into predictive models to forecast a range of outcomes. Among them are infections and deaths. Cone of Uncertainty Similar to a…
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Rick Wright discusses how Coastal Tax Centers takes a different approach for Tax Plans
Rick Wright discusses how Coastal Tax Centers takes a different approach towards creating your tax plan on WTKS Radio
Rick Wright talks with Bill Edwards on WTKS Radio Tax Strategy
Rick Wright talks with Bill Edwards on WTKS Radio about the importance of doing a cost benefit analysis and creating a tax strategy.
THE BEST METHOD TO REDUCE YOUR TAX BILL ON YOUR 401K/IRA IS NOT TO CREATE ONE!
THE BEST METHOD TO REDUCE YOUR TAX BILL ON YOUR 401K/IRA IS NOT TO CREATE ONE! By all appearances, they had done everything correct. A successful career, raising a family of happy children, friends and family nearby, and they had just reached a $1 million threshold in their 401K retirement account. They had many reasons…
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Ashley Lewis joins Coastal Tax Centers as Director of Operations
Ashley Lewis has joined the Savannah office of Coastal Tax Centers as the director of operations, where she will focus on ensuring the successful operation and implementation of all client engagements. “Ashley’s experience and expertise are a welcome addition to Coastal Tax Centers,” said President and Founder Rick Wright. “Her incredible attention to detail and…
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Explaining the SECURE Act, Setting Every Community Up for Retirement Enhancement Act of 2019
Recent Tax Law Changes that Affect Your 401(k)/IRA In December 2019, Congress passed a law called the SECURE Act which stands for the Setting Every Community Up for Retirement Enhancement Act of 2019. Don’t you love the hyperbole. First, let me tell you what this law does and then we can talk about how it…
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