May 26, 2014 | Uncategorized
Summer is the time that most of our students experience their FIRST paid employment. What an eye opener! Welcome to the real world! This includes paying taxes to support the place where we live, our state and our nation. Those sidewalks and roads that you use to...
Jan 21, 2014 | Uncategorized
Now is the time to consider a Roth IRA OR Roth 401-K plan. Open a new account using after tax dollars OR use funds from a traditional IRA or 401-K by converting some of these funds to a Roth plan. As stated in an earlier blog posted on June 19, 2013, the Roth is a...
Jun 19, 2013 | financial planning, taxes, Uncategorized
Think of a Roth IRA as a long-term savings/investment account that you can add to annually or withdraw from when needed. There is no penalty or tax when withdrawing your contributions. The funds you earn on this account are tax free if the account is open for...
May 18, 2012 | charities, financial planning, taxes, Uncategorized
We are now in the middle of a two-year window of an opportunity for you to transfer wealth to other individuals. The three opportunities are as follows: Annual Exclusion Gifts – You can give up to $13,000 per year to as many people as you like. The individual...
Feb 2, 2012 | financial planning, tax deduction, Uncategorized
The government has provided for some new tax incentives for small businesses in 2011 forward. Please review the following incentives. They may help you when making management decisions and help your business grow. Bonus depreciation is available when purchasing NEW...
Oct 25, 2011 | Uncategorized
Are you a self-employed individual? If you carry on a trade or business as a sole proprietor, an independent contractor, member of a partnership that carries on a trade or business or are otherwise in business for yourself, then you ARE considered SELF-EMPLOYED....
