Featured post:
Big Beautiful Breakdown: Changes to Itemized Deductions
Under the Tax Cuts and Jobs Act (TCJA), miscellaneous itemized deductions were suspended from 2018 through 2025. The OBBBA now makes that suspension permanent. That means deductions for unreimbursed employee business expenses, investment expenses or other “miscellaneous” costs previously subject… Read Now >>
What I Learned About Investing at 12 Years Old
August 8, 2018When 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 >>
Get to Know the Team: Andrew Costello
August 7, 2018The 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 >>
Get to Know the Team: Norman Mangina, CFP®
July 17, 2018Illumination 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 >>
What My Son’s Kindergarten Teacher Taught Me About Financial Advice
June 12, 2018While 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 >>
How To Pay For College With Real Estate Investing
June 11, 2018When 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 >>
Credit Cards for the Strategic Traveler
June 8, 2018by 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 >>
How To Turn Your Vacation Into A Tax Deduction
May 30, 2018Did 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 >>
What I Learned About Investing at 12 Years Old
May 30, 2018When 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 >>
How The Great Recession Impacted Me
May 30, 2018In 2007 I was working for one of the largest and most successful hedge funds. I was entrusted to help manage money for large institutional clients and pension funds. If I did well, the clients did well, the firm did… Read Now >>
My Life Completely Changed 30 Years Ago
May 30, 201830 years ago my life completely changed, but I didn’t know it yet. My grandfather built and sold a business for a very nice nest egg. He and my grandmother were set for life when he sold his business…or so… Read Now >>
