Uh-oh, Your Identity Just Got Stolen?
What to do in case your identity gets stolen? Here are all the answers you need.
Paying Taxes Wisely: Smart Moves For Withdrawals
Here are two ways to possibly reduce taxes in retirement while extending the life of your nest egg by being smart about which accounts you tap first.
Retirement Planning Is Cash Flow Planning
Start your retirement planning, which is in fact cash flow planning.
2019 Planning – Do It Now!
Now is the time to sit down with your significant other and map out your financial plan for the year.
2018 Last-Minute Year-End Business Deductions
Your year-end tax planning doesn’t have to be hard. I have outlined below five strategies that will increase your tax deductions or reduce your taxable income so that Uncle Sam gets less of your 2018 cash. Prepaying your 2019 expenses right now reduces your taxes this year, without question. While it’s true you kicked the…
Examine Your Vehicles for Profitable Year-End Business Tax Deductions
It’s time to examine your existing cars, SUVs, trucks, and vans for some profitable year-end business tax deductions. Your first step is to identify your gain or loss on sale. Once you have the gain or loss, know these basic rules: Gains attributable to depreciation produce ordinary income. Gains in excess of original basis produce…
5 Year-End Tax-Deduction Strategies In Case of Marriage or Divorce
Here are five year-end tax-deduction strategies that apply if you are getting married or divorced, have children who did or could work in your business, and/or have situations where you give money to relatives and friends. 1. Put Your Children on Your Payroll Did your children under age 18 help you in your business this…
It’s already December?
As hard as it is to believe that December is here and 2018 is nearly over, it’s the truth. For a lot of families, the news on the new tax laws bodes well, but the “experts” on television have made such a fuss that getting the truth out of the buzz words can be extremely…
The Most Important Pieces of the Retirement Puzzle
No matter what you do for a living, all of us have some sort of “retirement” plan in our minds. It might be part-time consulting in your field for a premium or it could be retiring to Lake Havasu and acting like your grandparents did, but planning is key to realizing whatever dream you have…
Is It Time To Create a New Company?
Most every entrepreneur I’ve ever worked with has the challenge of always wanting to build the next thing and sometimes neglecting to follow up on the current business. But are there hints for when it’s time to build a new idea into a new venture? Absolutely. Here’s some ways to think about when it’s time…