Hughes Financial Services Blog Articles

 

HFS Insight

 


High School Seniors (and parents!) - What Are You Doing Sunday, October 1st?

FROM HUGHES FINANCIAL SERVICES

Sleeping in, hanging out with friends, playing in a sports tournament, pestering your little brother or sister ... what else could a high school senior have planned for a Sunday? If your high school senior is heading to college next fall, you should be doing the FAFSA! .. Click here to read more ...

 


IRS Dirty Dozen Tax Scams for 2017

FROM HUGHES FINANCIAL SERVICES

The Internal Revenue Service recently announced the conclusion of its annual "Dirty Dozen" list of tax scams. The annual list highlights various schemes that taxpayers may encounter throughout the year, many of which peak during tax-filing season. Taxpayers need to guard against ploys to steal their personal information, scam them out of money, or talk them into engaging in questionable.. Click here to read more ...


Closing Out 2016 Successfully

FROM HUGHES FINANCIAL SERVICES

One of our favorite sayings at Hughes Financial Services is, "If you fail to plan, you are planning to fail." This quote is quite historical but applicable across many generations as it was originally stated by Benjamin Franklin over 200 years ago.

As the year comes to a close, we offer you eight important year-end reminders and tax tips so you can close out 2016 successfully. Click here to read more ...


College Board Releases 2016 Trends in College Pricing Report

FROM HUGHES FINANCIAL SERVICES

The College Board has released college cost figures for the 2016/2017 college cost data in its annual Trends in College Pricing report. "Total Average Cost (TAC)" includes tuition and fees, room and board, books, transportation, and personal expenses. Click here to read more ...


Estate Taxes: Some States Get Their Share Too

FROM HUGHES FINANCIAL SERVICES

In addition to the federal estate tax of 40 percent, some U.S. states levy their own estate and inheritance taxes. Estate taxes are charged against the estate regardless of who inherits the assets, while inheritance taxes are levied on the transfer of assets to heirs, based on the relationship of the inheritor to the deceased. Click here to read more ...


Dad, Be A Financial Superman to your Kids

FROM CFP BOARD ENEWSLETTER

This month we celebrated Father's Day -- a time when children share what they like best about their Dads. Ask a few kids, and they'll probably say that he is wise, strong, patient, hard-working, and Click here to read more ...


Three Strategic Phases to College Planning

BY HUGHES FINANCIAL SERVICES

“If you fail to plan, you are planning to fail.” While its author, Benjamin Franklin, most likely was not thinking about how to pay for college, its message can be applied to the way many of Click here to read more ...


HFS Responds to Brexit Referendum Vote

BY HUGHES FINANCIAL SERVICES

As you may have heard, the United Kingdom has voted on a historic referendum to exit the European Union, or more widely known as "Brexit." As a result, U.S. markets opened this Click here to read more ...


Last Chance to File and Suspend to Maximize Social Security Benefits

BY HUGHES FINANCIAL SERVICES

The last-minute budget and debt ceiling deal that the House and Senate passed in late October will make significant changes to Social Security benefits. In an effort to decrease spending, Click here to read more ...


Quarterly Market Review (Q1 2016)

BY HUGHES FINANCIAL SERVICES

The Quarterly Market Review is a general summary of key events in the previous quarter with recaps of major economic data and highlights of key dates to watch in the next month. Click here to read more ...


Recent Market Volatility

BY SCOTT HUGHES, CFP®, MBA  I  MANAGING PARTNER & FINANCIAL ADVISOR

The market events of January 2016 provided an opportunity to examine some questions important to our clients. Click here to read more ...


Changes in College Funding Options

BY HUGHES FINANCIAL SERVICES

In late 2015, several changes were made that will impact the college applications process and college funding. If you have children or grandchildren planning for or applying for college, it’s important to familiarize yourself with these new rules. Click here to read more ...