Leap Wealth Management

⏰ Business Owners: The Federal Tax Deadline is March 17 Key Filing Requirements: S Corporations: ▪️File Form 1120-S to report income, deductions, and credits ▪️Distribute Schedule K-1s to shareholders Partnerships: ▪️File Form 1065 to report business income ▪️Distribute Schedule K-1s to partners Extension Option: ▪️File Form 7004 for a six-month extension ▪️If they extended, the new deadline would be September 15, 2025 ▪️Note: An extension only extends the filing deadline, not the payment due date With the March 17 deadline approaching, double-check all documentation for accuracy and completeness. If you anticipate any issues meeting the deadlines, consult with your tax, legal, or accounting professional and consider filing for an extension. #BusinessTaxes #TaxDeadline #PersonalFinance

Here's a stunning fact: Over 29 million forgotten retirement accounts hold nearly 1.65 trillion dollars in the U.S. With frequent job changes, it’s easy for retirement accounts to get lost. Left unattended, they can even be turned over to the state as unclaimed property. Here’s how to find them: 1️⃣ Check with past employers. HR or plan administrators can provide account details. 2️⃣ Search online tools like the National Registry of Unclaimed Retirement Benefits or MissingMoney.com. 3️⃣ Use state or federal resources to track unclaimed funds. 👍 Good news: The SECURE Act 2.0 has directed the Department of Labor to create a comprehensive, searchable database to make locating lost retirement accounts easier than ever. This tool is expected soon. If you or anyone you know has questions about potential missing retirement accounts, please don’t hesitate to contact us. #RetirementStrategy #401k #FinancialWellness #SecureAct

Markets declined last week after a strong start, with major indices closing about 2% lower. Consumer Discretionary and Communication Services led losses. Weak economic data, higher jobless claims, and rising inflation concerns hurt...

💡For many, this is annual bonus payment season. What are your plans for this year’s bonus? Before you start considering your home improvement projects, vacations, or other splurges, any time you receive a lump sum of money, it’s worthwhile to think about the following: 👉 Step 1: Pay Off High-Interest Debt Tackle credit card balances first—knocking out high-interest debt can help you manage those costly payments. 👉 Step 2: Boost Your Emergency Fund If you haven’t already, set aside 3-6 months of expenses to help pay for unexpected events. 👉 Step 3: Grow Your Wealth Evaluate your strategy with tax-advantaged retirement accounts. A financial professional can offer some guidance if you have questions. 👉 Step 4: Balance Multiple Goals Not sure where to start? One idea to consider is splitting your windfall. For example: ▪️ 50% to debt repayment ▪️ 30% to savings ▪️ 20% to long-term investments ✨ Every dollar you manage intentionally today may improve the outlook for your financial future. Don’t waste these opportunities. #SmartMoney #WealthBuilding #DebtFree #FinancialGoals #MoneyManagement

Healthcare costs can be one of the most significant and often unexpected expenses in retirement. The decisions you make today about your health might have a lasting impact on your financial and physical well-being. February is National Wise Healthcare Consumer Month, so what can you do? Think of yourself as the CEO of your health: 🔍 Ask questions about recommended tests and procedures. 📋 Research providers to see if they align with your needs. 💬 Have an open dialogue about costs—knowledge is power when it comes to navigating care choices. Taking a proactive approach to healthcare isn't just about saving money—it's about looking to receive the best care possible. Small steps today can lead to better health and financial confidence tomorrow. #HealthCarePreparation #RetirementWellness #SmartChoices #FinancialHealth

Major markets gained last week, led by Nasdaq’s 2.5% rise, driven by IT and Communication Services. Super Micro surged 32% on strong forecasts, while Intel gained 24% amid AI chip policy support. Inflation data exceeded expectations,...

Presidents' Day reminds us of the leaders who’ve shaped our nation with vision and purpose. It’s a good moment to appreciate the values of trust, responsibility, and stewardship—principles that resonate deeply in our work as financial professionals. Just as great leaders built a foundation for future generations, we’re here to help our clients build and protect their own legacies. Here’s to leadership that endures and the commitment to leave things better than we found them. #PresidentsDay #Leadership #PersonalFinance

February is a time when emotions take center stage—whether it's about love, connection, or reflection. It's also a reminder that emotions play a huge role in how we manage our money. Many people spend weeks doing research before buying a car or major appliance but make hasty, reactive financial decisions during market turbulence. Why? Because money isn’t just about numbers—it’s about psychology. The Takeaway: Building wealth isn’t about chasing every last return—it’s about staying the course, even when the road ahead is uncertain or slippery. A well-crafted strategy acts as your map, helping you navigate icy patches while keeping you aligned with your long-term goals. #WealthBuilding #MoneyPsychology #FinancialSuccess #InvestorMindset

💟 On Valentine’s Day, we celebrate the partnerships that enrich our lives. For us, it’s also a moment to be grateful for the trust our clients place in us and the relationships we’ve built that go far beyond the numbers. The same principles that make personal relationships strong—trust, shared goals, and mutual understanding—are the foundations of how we work with our clients. It’s an honor to be part of your journey and to help shape futures that reflect your goals and values. Wishing everyone a day filled with meaningful connections and a reminder of the importance of partnership in all areas of life. 🤝 #ValentinesDay #SpreadLove #CelebrateLove

Major markets ended mostly lower last week after President Trump issued tariffs on China, Canada, and Mexico, prompting a market sell-off. However, a temporary tariff delay was granted after Canada and Mexico agreed to policy changes....