05/23/2023
That is so exciting. Great work!!
We are thrilled to announce that we have been awarded a highly competitive ETOD (Equitable Transit Oriented Development) grant from the City of Chicago! The ETOD initiative is intended to revitalize communities in underserved Chicago transit corridors.
It feels amazing to have our community and city back our movement, and we are so grateful to the City of Chicago for this award. We are one giant step closer to opening - it's really happening!
We’d also like to thank Alderwoman Maria Hadden's office for strongly advocating on our behalf and our team of volunteer grant writers, especially Owners Anna Sobon ( #997) and Helen Thompson ( #16).
It is an honor to be included alongside so many worthy community projects.
See the list of ETOD winners here: https://www.chicago.gov/city/en/sites/dpd-recovery-plan/home/spring-2023-grant-finalists.html)
Pictured below is our founder Mary Meyer (front row, far left), with other ETOD recipients.
04/28/2023
If you’re a parent, you may want to teach your children personal finance skills but not know where to begin. How can you get your kids started down the path toward financial independence? Here are some tips to help you get started:
You've got questions and we've got answers! Call us at (773) 633-1836.
Tips for Teaching Kids About Personal Finance | www.financialhotspot.com
It’s never too early to start teaching your kids about personal finance. Teaching children money management skills at a young age allows them to build a solid foundation of financial literacy. When children master concepts like budgeting, saving, and debt while the stakes are still relatively low,...
04/26/2023
If you're a fellow business owner, we know you have a lot on your plate. We're here to help you manage your finances efficiently, and comply with all legal tax regulations which your business requires. To schedule a consultation, contact us at (773) 633-1836.
04/25/2023
Do you know the difference between SEP IRAs and Roth IRAs? Both SEP IRAs and Roth IRAs require that some sort of contribution is made into the account and both are eligible for tax-free rollovers when switching retirement plans. To schedule a consultation, contact us at (773) 633-1836.
SEP IRA vs. Roth IRA: Which Retirement Account Is Right for You?
While working folk may have an IRA in place, here's the difference between a SEP IRA vs. a Roth IRA. It's important to know the difference.
04/24/2023
Don’t think you earn enough to save for retirement? You may be eligible to save and get an tax credit. The lower a person’s income, the higher the credit available. Learn more at http://irs.gov/saverscredit
04/21/2023
Legacy planning is a complex process, and individuals may find themselves wondering which route to take. Consider the two main options: creating an estate or placing assets in a trust - both of which offer their own unique benefits depending on one's particular needs and objectives. To aid you in selecting your plan, here are some key insights into each option.
To schedule a consultation, contact us at (773) 633-1836.
What’s the Difference Between a Trust and an Estate? | www.financialhotspot.com
Long-term financial planning includes leaving a legacy for your loved ones. The simple part is knowing you want to provide for those you care about. The more complicated part of the process is figuring out how to best do so. Common choices for legacy planning include a trust or an estate, each with....
04/19/2023
Creating and reaching your financial goals helps you create the future you truly dream of. Contact us today for assistance with your finances! To schedule a consultation, contact us at (773) 633-1836.
04/18/2023
We're here to support you through tax season! Ensuring that you file correctly and on time is vital as a business owner or an individual! Contact us today regarding your taxes.
04/17/2023
Are you preparing to sell your business? One of the most important steps is reviewing your books with us to make sure your financials are in order and appropriate adjustments should be made. We're here to help you every step of the way! To schedule a consultation, contact us at (773) 633-1836.
Tips for preparing to sell your business | PropertyCasualty360
Before selling your business, it is important to gauge its attractiveness to potential buyers and your readiness to hand over the reins.
04/14/2023
As a savvy business owner, you already know some great ways to reduce your tax bill. But have you heard about the 'hidden gems' of deductions? Read on for these lesser-known ideas that can give valuable relief and put more money back in your pocket!
For all your tax-related questions, contact us at (773) 633-1836. We'd love to help you!
Commonly Overlooked Business Tax Deductions | www.financialhotspot.com
When you operate a business, whether a startup or an established company, you may overlook potential deductions that can save you money during tax time. As a business owner, you are probably familiar with some commonly used deductions, but other lesser-known deductions can reduce your tax bill even....
04/12/2023
Large purchases should never be made on an impulse. Avoid financial commitments without a well-thought-out plan by considering the pros and cons of big purchases for at least 24 hours before buying. We'll save you hours of confusion and stress - you can count on that! Contact us today at (773) 633-1836 for more information about our services.
04/11/2023
When creating a budget, it is important to remember to revise it! Life changes and so do your finances. When your expenses change, take the time to adjust your budget so that you can continue to meet your long-term goals!