Big Sky Balloons and Searchlights Inc.

08/27/2025

Older Investors: Boost Your Savings and Retire Earlier.

This one measure can help older investors retire up to two years earlier and potentially double their retirement savings.

https://www.kiplinger.com/retirement/retirement-planning/older-investors-boost-your-savings-and-retire-earlier

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This one measure can help older investors retire up to two years earlier and potentially double their retirement savings.

06/02/2025

We had a great time this weekend supporting Webb Chevy in Plainfield with their USO Ride for The Troops Event!

04/18/2025

5 Tips to Avoid the 10% Penalty on Early Distributions From IRAs and Employer Retirement Plans.

Follow these steps to navigate the exceptions and avoid traps that could result in disqualification.

Millions of Americans take billions of dollars in early distributions each year. Early distributions—those taken before age 59 ½—are subject to a 10% additional tax or early distribution penalty. There are exceptions to this early distribution penalty, but traps await those who do not have a clear understanding of how the exceptions work. If you are among the millions who will take early distributions this year, the following are tips on how to avoid these traps.

https://www.morningstar.com/retirement/5-tips-avoid-10-penalty-early-distributions-iras-employer-retirement-plans

Follow these steps to navigate the exceptions and avoid traps that could result in disqualification.

04/17/2025

You Just Retired (or Are About to). Now What?

Your take-control toolkit involves strategies for spending, investing, Social Security, and taxes.

https://www.morningstar.com/retirement/you-just-retired-or-are-about-now-what

Your take-control toolkit involves strategies for spending, investing, Social Security, and taxes.

04/16/2025

How long should you keep tax documents?

If your filing cabinet is overflowing with old tax records, credit card bills, or bank statements, it's helpful to know what you need to keep and what you can trash. When it comes to taxes especially, many people hesitate to toss important documents for fear of an IRS audit.

It begs the question: How long should you keep tax documents? And are there any you should save indefinitely?

https://finance.yahoo.com/personal-finance/taxes/article/how-long-to-keep-tax-documents-191222286.html

Wondering how long to keep tax documents? Here’s what to know about federal and state guidelines and how to properly dispose of tax documents when you’re ready.

04/15/2025

Venmo taxes: IRS rules for payment app transactions.

Venmo is a convenient platform for sending, receiving, and requesting money. But if you use Venmo for certain types of transactions, you could be on the hook for taxes.

The good news is that personal transactions on the payment platform typically don’t generate tax liability. But when you use Venmo for business purposes or the sale of goods for a profit, you'll need to prepare for a tax bill.

https://finance.yahoo.com/personal-finance/taxes/article/venmo-tax-184912719.html

You owe taxes if you use Venmo for work or selling items for a profit, but the IRS is phasing in the implementation of a new $600 reporting threshold.

12/02/2024

Helping another client with a Grand Opening Package to start their newest location in Oak Lawn. We put up the balloon last week and did the first night of searchlights on Black Friday.

11/04/2024

Bolingbrook welcomes Fry The Coop to town. They had a spectacular Grand Opening last week. We helped them celebrate in style with a balloon and searchlights.

10/21/2024

Homewood Chevy is having their annual “Monster Sale” for Halloween. Check out our Pumpkin, Green Monster, Frankenstein, and Witch out front their dealership. They have done this several years and always a big success. The community loves it as well.

09/18/2024

D’Arcy Chevy in Morris, IL is having a sale on their current inventory of electric vehicles. Check them out on Rt 47 in Morris or at https://www.darcyautos.com