PBG Advisors

💡🌿 Save Energy, Save Money: Home Improvement Tax Credits! Thinking of upgrading your home with energy-efficient improvements? Here’s some great news: The Energy Efficient Home Improvement Credit and Residential Clean Energy Credit can help you save big on taxes while reducing your energy bills! Read more here! #EnergyEfficiency #TaxCredits #HomeImprovement

🏡✨ Rent-To-Own: Your Pathway to Homeownership Thinking about transitioning from renting to owning? It’s not just a lifestyle change—it’s a financial strategy! Here’s why owning could be your next big move: ✔ Build Equity: Turn your monthly payments into long-term value. The more equity you build, the bigger your potential profit when it’s time to sell. ✔ Grow Wealth: While not guaranteed, home values often rise over time, meaning you could see significant returns on your investment. ✔ Access Financial Flexibility: Tap into your home’s equity for major expenses like renovations, debt consolidation, or even college tuition. Making the Leap To go from renting to owning, you’ll need: 💳 A strong credit score (aim for 740+) 💰 Savings for a down payment, closing costs, and financial reserves 📉 A low debt-to-income ratio It’s a process, but the rewards can be worth it! Ready to take the first step? Start planning today. What’s your dream home scenario—renting forever or owning for the long haul? Let’s discuss below! 👇 #RentToOwn #HomeownershipGoals #FinancialFreedom https://buff.ly/401wJJs

🏡💸 Homeownership Has Its Perks—Tax Perks, That Is! Did you know being a homeowner could save you big on taxes? From mortgage interest and real estate tax deductions to credits for energy-efficient upgrades, there’s a lot to explore. Just remember to keep those receipts and records handy! Not sure what you qualify for? Check out IRS.gov or talk to one of our tax professionals. 💡 What’s your favorite tax benefit of owning a home? Let us know in the comments! #HomeownerLife #TaxTips #SavingMoney

🌟 Partner Spotlight: Josh Brady, CPA 🌟 Meet Josh Brady, Certified Public Accountant and Partner at PBG Advisors. With a degree in Accounting and a minor in Spanish from Colorado Mesa University, Josh has built an impressive career since graduating in 2014. Specializing in business and individual tax preparation, as well as tax planning and consulting, Josh has become a trusted and essential part of his clients' financial teams. Josh is known for his core values of diligence, dependability, competence, and integrity, which guide his work and ensure that his clients receive top-tier service. His commitment to providing comprehensive solutions has earned him the trust of individuals and businesses alike, helping them navigate complex financial landscapes and achieve their goals. Fluent in Spanish, Josh is passionate about the language and culture, continually expanding his knowledge. Outside of work, he enjoys exploring the Western Slope’s great outdoors with his wife, Cami, and their four sons: Fredrick, Henry, Charles, and Archie. He also finds joy in coaching his son's basketball team. We’re proud to have Josh as a key partner at PBG Advisors, and we’re excited to see the continued impact of his expertise and dedication! #PartnerSpotlight #TaxPlanning #CPA #FinancialExcellence #TeamPBG

💼 Freelancers vs. Employees: Which Should You Hire? 🤔 As a business owner or manager, deciding between hiring a freelancer or a full-time employee can be tough. Understanding the key differences can help guide your decision. 🔑 Key Differences: Contracts: Freelancers work on a project or contract basis, with no promises for future work. Employees typically have contracts that offer more job security. Taxes: Freelancers handle self-employment tax, while employees have their taxes split with their employer. Benefits: Freelancers don’t get benefits like vacation time or medical insurance, but employees often do. Rate of Pay: Freelancers set their own rates; employees earn a fixed salary or wage. Work Hours: Freelancers have flexible hours, but employees have set schedules and must attend mandatory meetings. Company Culture: Employees are more likely to invest in your company’s success, while freelancers focus on maximizing earnings. 📈 When Does Hiring a Freelancer Work Best? When office costs and staff maintenance are a concern. When you need expert help for a short-term project. When you don’t have geographical restrictions. Hiring a freelancer or an employee depends on your specific needs, budget, and long-term goals. Make sure to weigh the pros and cons of each before making your decision! #Freelancers #Employees #Hiring #BusinessStrategy #WorkplaceCulture #SmallBusiness

✨ How We Level Up Each Year: Annual Staff Training ✨ This fall, we held our annual all-staff training in our brand-new office, complete with a dedicated training room. Our team came together to focus on: ✅ Firm Values: Reinforcing the principles that guide everything we do. ✅ Client Service Excellence: Strategizing how to deliver a gold-standard client experience because our clients deserve nothing less. ✅ Skill Development: Comprehensive software training to ensure our staff is equipped to answer your questions and serve you efficiently. ✅ Team Building: Strengthening collaboration to better serve you as a cohesive, high-performing team. While we hold multiple specialized trainings throughout the year, this annual training brings our entire team together to align our priorities and goals. It’s part of our commitment to continuous growth and ensuring every interaction you have with us reflects the highest level of professionalism and care. #TeamExcellence #ClientExperience #AlwaysImproving

📉 Falling Interest Rates: Good or Bad for Your Finances? 🏠💰 The Fed recently cut its benchmark interest rate for the first time since 2022, signaling that inflation is under control. But what does this mean for you? 👍 The Positives: Lower loan rates: Mortgage, auto, and personal loan rates are falling, making it a great time to buy a home or car. Mortgage rates have dropped to 6.08% for a 30-year loan, down from 6.89% a year ago, potentially saving you on monthly payments. 👎 The Negatives: Savings impact: If you rely on high-yield savings accounts, money markets, or CDs, you may see a drop in your earnings as interest rates on these accounts fall. 🏡 The Bottom Line: While lower rates are great for borrowers, they might mean less return on your savings. If you're considering a big purchase, now could be a good time to take advantage of lower loan rates! #InterestRates #FedRateCut #MortgageRates #PersonalFinance #HomeBuying

🎄🎁 Heartfelt Holiday Wishes from PBG Advisors! 🎁🎄 As we wrap up another year, we'd like to extend our deepest appreciation to our incredible clients, colleagues, and community for your confidence and support. Assisting you in your financial endeavors has been a pleasure, and we look forward to achieving even more in the upcoming year! We hope your holiday season is filled with peace, love, and success. May 2024 bring you a year filled with life’s simple pleasures! ! 🎉✨ Here's to a wonderful holiday season! 🥂 #HolidayJoy #SeasonOfGiving #Grateful #PBGAdvisors #2024Ambitions #FinancialSuccess

🌿 Can You Deduct Health and Wellness Expenses? Here's What the IRS Says Not all health-related expenses are tax-deductible. The IRS reminds taxpayers that personal health and wellness costs—like gym memberships, healthy food, or general wellness items—don’t qualify as medical expenses for tax deductions or reimbursements. 🔑 Key Points to Know: FSA, HSA, or HRA Limits: Purchases like healthy food or fitness-related expenses aren’t reimbursable, even with a doctor’s note. Personal vs. Medical Expenses: Only costs tied to a specific diagnosis or medical treatment are eligible for deductions. For Businesses: Employers should ensure employees receive clear, accurate guidance about what qualifies for health-related tax advantages. 📝 Need clarity? Check out IRS Publication 502 for details on medical expense deductibility. For info on health savings and reimbursement accounts, see Publication 969. Still unsure? Reach out for guidance—staying informed saves you time and money come tax season! 💼 #TaxTips #IRSUpdates #HealthAndWellness

🎄✨ Wishing you a Merry Christmas and a Joyful New Year! 🎉🎄 From all of us at PBG Advisors, may your holidays be filled with peace, laughter, and prosperity. Thank you for trusting us to be part of your journey—here’s to even greater success in the year ahead! 🎁 Happy Holidays! 🎁