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...
Jun 10, 2012 | charities, donations, financial planning, tax deduction
A major problem in our society today is DEBT. It effects all of us directly or indirectly. It keeps us up at night, tears families apart and creates havoc in our lives. While most of us can’t avoid debt; we can manage it by following these basic rules: ...
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...
May 7, 2012 | charities, donations, tax deduction, taxes
Deducting Charitable Contributions may help reduce you tax burden if you keep good records and have the information that is needed should you be audited. A legitimate deduction must be given to a qualified organization. You CANNOT claim a deduction made to a...
