Finance Your Future Today. The holiday shopping season is in full swing. Studies show that most consumers start planning their holiday gift-buying in the month of September. With that said–it’s important to stay on track and not blow the bank when it comes to giving this holiday season. At Midwest Legacy Group, we have some tips to pass along that can help you save money. 10 ways to save money this holiday season: 1. Establish a Holiday Budget If you want to keep your spending in check this holiday season, the first step is to create a budget and stick to it. There are some super sav ..read more

Finance Your Future Today. Golden handcuffs are financial incentives given to employees to discourage them from leaving a company. Employers offer incentives to retain individuals that have performed well for the company or those that have exceptional or irreplaceable skills. This phrase was first recorded in 1976. It was meant to encourage highly compensated employees to remain within a company or organization instead of moving company to company. Golden handcuffs come in different forms, such as employee stock options or restricted stock, which endow only when the employee has been with the ..read more

For more information reach out today: P. 630.541.5958 or E. info@midwestlegacyllc.com Succession Planning is something that must start way before providers start to approach retirement age. We are going to address both solo and group practices This is one of the most crucial decisions a physician owner will potentially face. Succession Planning tackles the critical issues of when and how to retire from your medical practice. Many physicians seem to wait until the last minute and with advanced planning you can come up with a financially beneficial conclusion which can help ease the transition o ..read more

The post Midwest Legacy Group Partners with Nth Dimension Organization in an Effort to Support Financial Literacy for 2022 appeared first on Midwest Legacy Group ..read more

For more information reach out today:  P. 630.541.5958 or E. info@midwestlegacyllc.com Many of our clients work in the medical field, so of course, we get a lot of inquiries specific to tax deductions for physicians and we are happy to oblige. We just want to point out that this article isn’t tax advice, we are not accountants, and it is meant for an information only type article. It is not tax specific advice. We do advise you to speak with a tax professional for further clarity as it relates to you and your specific needs. We do want to focus on some of the most common and effective tax ..read more