If you own a business and have children, new tax laws present a compelling tax opportunity. With the passage of the One Big Beautiful Bill Act (OBBBA), the “hire-your-child” strategy now has enhanced appeal. Under the new law, the standard… Read Now >>
If you ever called our office here at Illumination Wealth, you would surely receive a warm and friendly greeting from Tracey Magnuson. She is our Client Service Concierge. Tracey not only makes sure every client contact is a wonderful experience,… Read Now >>
By Andrew Costello Most of us have what seems like 100 online accounts that we use to manage our bill payments, our online shopping, or our social media status. Some of us even use a different password for each of… Read Now >>
When I was 12 years old I participated in the first school-sponsored stock market game throughout the country. Our team was given a fictitious $100,000 and we had 10 weeks to invest the money. We competed against hundreds of other… Read Now >>
The Illumination Wealth Team is excited to introduce to you its newest member, Andrew Costello. Read below as he shares his future goals and what he is doing to advance his career. Also, learn a little more about his background… Read Now >>
Illumination Wealth takes tremendous pride in the contributions made by each member of our team. Norman Mangina, CFP® joined the Illumination Wealth team in 2015 with a diverse financial background. He recently became a Certified Financial Planner™ professional after completing… Read Now >>
While dropping my son of at school for his last time in Kindergarten it dawned on me just how much he learned and grew over the past year. I realized that his teachers were incredible facilitators that brought out the… Read Now >>
When most people think of saving for college they immediately think of 529 Plans. There is another way to pay for college that provides for predictable growth, tax-efficiency and even more control. The ways is through investing in real estate.… Read Now >>
by Anakaren Godinez Credit cards have become part of our everyday lives. Most people would even say it is their preferred form of payment. So why not have your credit card work for you? There are so many credit cards… Read Now >>
Did you know that IRS rules state that you if a trip you take was primarily for business but you extend your stay for a vacation or had other non-business activities your business-related travel expenses are tax deductible? Pretty sweet… Read Now >>
When I was 12 years old I participated in the first school-sponsored stock market game throughout the country. Our team was given a fictitious $100,000 and we had 10 weeks to invest the money. We competed against hundreds of other… Read Now >>