Westfield, MA 01085 USA
413-569-0015
office@drenenfs.com

Tag: Westfield MA

Local providers in the entire state of Massachusetts

How To Build An Anti Fragile Financial Plan With 4 Buckets

July 26, 2024

Developing an antifragile financial plan involves purposeful resource allocation, effective protection measures, and thoughtful investment strategies. This article explores how to build financial resilience and navigate volatility for long-term success. Drenen Financial Services in Westfield, MA, is here to help you create a robust financial plan tailored to your unique goals. Call us at 413-569-0015 to set up an appointment or visit our office at 89 South Maple Street. Reach out through our contact page, follow us on Facebook, and explore our blog. For more information on financial planning, visit the Consumer Financial Protection Bureau website.

Are My Student Loan Payments Tax Deductible?

July 26, 2024

Understanding the student loan interest deduction can significantly impact your financial planning and tax savings. This article explains eligibility requirements and income limits to help you maximize your benefits. Drenen Financial Services in Westfield, MA, is here to guide you through these complexities. Call us at 413-569-0015 to set up an appointment or visit our office at 89 South Maple Street. For more information, reach out through our contact page, follow us on Facebook, and explore our blog. For additional details on the student loan interest deduction, visit the IRS website.

Money Dysmorphia

July 26, 2024

Flashy cars. Five-figure handbags. Island vacations. With the steady stream of conspicuous consumption on social media, it may be easier than ever to feel that you’re always on a beer budget, even if you can afford a bit of champagne. And there’s a name for that: “money dysmorphia.” This term, while not entirely new, has…
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4 Ways To Think About Your Financial Independence

July 26, 2024

Achieving financial independence is more than just having enough money to retire—it’s a comprehensive journey involving goal-setting, lifestyle choices, strategic processes, and a resilient mindset. Drenen Financial Services in Westfield, MA, can help you navigate this path with personalized financial planning. To discuss your unique situation, call us today at 413-569-0015 to set up an appointment. Visit our contact page, follow us on Facebook, and explore more insights on our blog. For additional information on federal financial aid programs, visit the Federal Student Aid website.

Tax Deductions List: 77 Items to Consider Writing Off

July 26, 2024

Managing your taxes effectively can significantly impact your financial health and business success. This comprehensive guide explores essential tax deduction strategies for business owners, including above-the-line and below-the-line deductions. Regular consultation with your tax professional is crucial to maximize your savings and minimize liabilities. Contact Drenen Financial Services at 413-569-0015 or visit our office at 89 South Maple Street, Westfield, MA, for personalized advice and assistance.

How Much Can I Invest In A 529 Plan?

July 15, 2024

Understanding the contribution limits and investment strategies for 529 plans is crucial for maximizing your child’s education savings. This comprehensive guide covers everything from state-specific lifetime contribution caps to the benefits of regular monthly contributions and lump-sum gifting. Whether you’re a parent or grandparent, planning for your child’s future education expenses can be streamlined with the right knowledge and expert advice. Contact Drenen Financial Services in Westfield, MA, to set up an appointment and ensure you’re making the best decisions for your family’s financial future.

Interest Rates On Federal Student Loans Jump To Decade Highs For 2024-2025 Year

July 15, 2024

Federal student loan interest rates are set to rise again for the 2024-2025 school year, marking the fourth consecutive year of increases. Understanding these changes is crucial for effective financial planning. Contact Drenen Financial Services at 89 South Maple St, Westfield, MA, to discuss how these changes might impact your financial future.

Decoding Form 1099-B: Your Essential Guide to Understanding Investment Income Reporting

July 8, 2024

Dive into the comprehensive guide to Form 1099-B, an essential document for reporting investment transactions to the IRS. Learn about its key components such as total proceeds, cost basis, and tax implications for capital gains and losses. This guide outlines how to use Form 1099-B to accurately report income, comply with IRS regulations, and optimize tax planning strategies. For expert assistance and personalized guidance, contact Drenen Financial Services in Westfield, MA, today.

Form 1099-B Explained: A Complete Guide for Investors

June 24, 2024

Form 1099-B is essential for reporting the proceeds from broker and barter exchange transactions. This comprehensive guide by Drenen Financial Services explains how to read, file, and address common issues with Form 1099-B, ensuring accurate tax reporting and compliance. For personalized assistance, contact us at office@drenenfs.com or call 413-569-0015. Visit our website at drenenfs.com for more resources and to make an appointment.

The Electronic Federal Tax Payment System (EFTPS): A Complete Guide for Easy and Secure Tax Payments

June 24, 2024

The Electronic Federal Tax Payment System (EFTPS) offers a secure and convenient way to manage your federal tax payments. In this comprehensive guide, Drenen Financial Services explains the benefits of EFTPS, how to enroll, and step-by-step instructions for making payments. Ensure timely and accurate tax payments with expert advice from Drenen Financial Services. For personalized assistance, contact us at office@drenenfs.com or call 413-569-0015. Visit our website at drenenfs.com for more resources and to make an appointment.

Contacts

Drenen Financial Services, Inc.
89 South Maple Street, Westfield, MA 01085

  (413) 569-0015
(413) 569-0811

Mon - Fri 9AM to 5PM
Evening and Saturday hours are also available by appointment.

All securities through Money Concepts Capital Corp. Member FINRA / SIPC. Drenen Financial Services, Inc. is an independent firm not affiliated with Money Concepts Capital Corp.

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