McHugh Financial Group, Inc. and McHugh CPA Group, Inc. were founded by M. Scott McHugh, CPA PFS (Certified Public Accountant and Personal Financial Specialist). With his strong team of Certified Public Accountants, Registered Tax Return Preparers, Financial Advisors, Enrolled Agents, bookkeepers and administrative staff, the wealth of knowledge encompasses a broad range of areas to suit your needs.
M. Scott McHugh, CPA PFS has an extensive network of strategic partners that include attorneys, business advisors and other professionals to confer with on behalf of your best interest when necessary. Allow us to put our experience to work and help you achieve your goals. Call today for your free consultation.
Will You Pay the AMT?
Despite recent tax-law changes, many Americans are expected to pay the AMT this year.
What If You Get Audited?
The chances of an IRS audit aren't that high. And being audited does not necessarily imply that the IRS suspects wrongdoing.
Get Paid for Going Green
Those looking into environmentally minded home modifications may get a boost from Uncle Sam’s tax incentives.
Bonds may outperform stocks one year only to have stocks rebound the next.
Preparing for the eventual distribution of your assets may not sound enticing. But a will puts the power in your hands.
Even low inflation rates over an extended period of time can impact your finances in retirement.
It's important to understand the pros and cons when considering a prepaid debit card.
Emotional biases can adversely impact financial decision making. Here’s a few to be mindful of.
A letter of instructions provides additional and more personal information regarding your estate.
Estimate how much you have the potential to earn during your working years.
Use this calculator to estimate your income tax liability along with average and marginal tax rates.
Use this calculator to estimate your capital gains tax.
Use this calculator to compare the future value of investments with different tax consequences.
Estimate your monthly and annual income from various IRA types.
This questionnaire will help determine your tolerance for investment risk.
How federal estate taxes work, plus estate management documents and tactics.
A number of questions and concerns need to be addressed to help you better prepare for retirement living.
Learn more about taxes, tax-favored investing, and tax strategies.
There are some key concepts to understand when investing for retirement
Investment tools and strategies that can enable you to pursue your retirement goals.
The importance of life insurance, how it works, and how much coverage you need.
Understanding the cycle of investing may help you avoid easy pitfalls.
We all know the stock market can be unpredictable. We all want to know, “What’s next for the financial markets?”
Here are 3 steps to take right now that may make a difference if you find yourself suddenly single.
What are your options for investing in emerging markets?
Have you explored all of your choices when it comes to managing your taxable income?
Recent changes in estate tax laws could affect the strategy you have in place.