Parsec Blog

Graduation Season

I had a wonderful experience recently attending my son’s graduation from the University of North Carolina at Chapel Hill. It was inspiring to be in Kenan Stadium celebrating his accomplishment and that of 5,000 other students, including undergraduate, graduate and doctoral degree recipients. Graduation pomp and ceremony are inspiring, mixed with the contagious joy that

10 Ways to Celebrate Independence Day

I proudly served in the U.S. Army from 1991 to 1992 as a medic. My time serving makes me appreciate being a U.S. citizen. This holiday, I hope you do something enjoyable with family and friends. Here are ten ideas — I will likely do a mixture of them all!

How To Prioritize Travel and its Associated Expenses

Do you like to travel? Are you already looking forward to your next big trip? Do you spend more time planning your vacations than planning your finances? If so, you’re not alone. Recent surveys suggest that many Americans devote more time each year to planning their vacations than planning their finances.

Education Savings: There’s No Time Like The Present

College saving is a topic near and dear to my heart, as we have a 17-year-old who is currently undergoing the college exploration process. It seems like just yesterday that we dropped him off for his first day of kindergarten. He looked so small walking into that big school with his little turtle backpack on. My wife and I both had tears in our eyes. Now he is towering over us at 6 feet, 2 inches tall, constantly eating and never gaining weight.

Hidden Costs of College

Congratulations! You have four years of tuition, room and board stashed away in your 529 plan, and your child hasn’t even graduated from high school yet. Now you can breathe easily, right? Well … maybe, maybe not.

“I hope the Russians love their children too …”

“I hope the Russians love their children too …” – Sting, “Russians,” 1985 Growing up during the Cold War era the 1970s and 1980s, lots of popular music featured the superpower conflict between the US and the Soviet Union: “Two Tribes” (Frankie Goes to Hollywood), “It’s a Mistake” (Men at Work), “Land of Confusion” (Genesis,

Tax Planning Unknowns

Co-Director of Tax Services Larry Harris explains how to approach tax planning using both knowns and unknowns.

Get Ready for Tax Season

It feels as though we just finished this tax season with the next one already upon us. No time to waste so let the tax preparation begin!

Income Tax 101 for Investment and Tax Planning

With this article, I hope to equip the reader with a basic understanding of the individual income tax calculation and the use of a taxpayer’s marginal tax rate or tax bracket in investment and income tax planning.

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