Albert Einstein reportedly once told his accountant, “the hardest thing in the world to understand is income taxes.” This observation from the Nobel Prize-winning physicist remains relevant today, as our tax system has only grown more complex in the decades since. This year’s tax deadline on April 15 is approaching, but taxes are more than a once-a-year obligation […]

February was a volatile month for stocks. Tech continued the selloff that started in late December, with the Magnificent 7 falling 8.1% in the month. Tariffs and inflation fueled worries about growth as the new Trump administration began implementing policy changes. Fourth quarter earnings reports were solid, though mixed economic data and policy uncertainty prompted […]

Feeling overwhelmed by money worries? You’re not alone. Many people experience financial anxiety, whether it’s due to rising costs, job uncertainty, or planning for the future. The good news is that with the right strategies, you can manage financial anxiety and gain peace of mind about your finances. At Quraishi Law & Wealth, we believe […]

Deciding how to take a pension is a big financial decision that can significantly impact long-term security. One of the most common questions people ask when they retire is: Should I take my pension as a lump sum or opt for regular payments? This decision isn’t one-size-fits-all. It depends on financial goals, lifestyle needs, and […]

January marked a positive but volatile start to the year for investors amid market shifts and policy concerns. President Trump returned to the White House and signed dozens of executive orders, the Chinese artificial intelligence company DeepSeek shook the tech industry, and the Fed hit pause on rate cuts. Looking forward, investors are focused on […]

Estate planning can feel overwhelming—complex, time-consuming, and expensive. But what if securing your legacy and protecting your loved ones could be simple? Enter SimpleWill, a streamlined solution from Quraishi Law & Wealth that makes estate planning easy, accessible, and stress-free. What is SimpleWill? SimpleWill is the perfect estate planning option for families and individuals who […]

Planning for retirement has never been more critical, and 2025 brings exciting updates for 401(k) savings that every small business owner, employee, and retirement planner should know. With increased contribution limits, new opportunities for catch-up contributions, and simpler options like the Starter 401(k), there’s something for everyone. In this blog, we’ll break down the key […]

The start of a new year is a great opportunity for families and small business owners in Arkansas to take charge of their finances. Setting SMART financial goals—goals that are Specific, Measurable, Achievable, Relevant, and Time-bound—can transform your aspirations into a guide to success for 2025. This blog post dives into how the SMART framework […]

As the end of the year approaches, it’s the perfect time to revisit your retirement plan. Taking proactive steps now can help you maximize your savings, reduce taxes, and strengthen your financial future. Here are key actions to consider, along with practical advice for each. 1. Review Your Retirement Accounts Start by assessing whether your […]

As the year draws to a close, now is the perfect time to take proactive steps to maximize your tax refund and minimize your tax burden for the upcoming year. Whether you’re an individual or a small business owner, there are simple yet effective strategies you can implement to ensure you keep more of what […]

If you’re an Arkansas, Tennessee or Texas resident, over the age of 55, and have $250,000 or more in a 401(k), IRA or 403(b) account, you could be on the path to paying significantly more in tax than you should be… Free Legal, Financial & Tax Materials to Protect Your Wealth and Loved Ones If […]

Estate planning can be tricky business: more often than not, people who want to write an iron-clad will or establish a strong trust want to both save their heirs money and ensure that their arrangements cannot easily be contested. For that reason, many people get confused as to whether they should hire a licensed attorney […]