Don’t you just love this time of year? Pumpkins, turkeys, Christmas trees, and family gatherings. Nothing but good times. Unless, of course, you have taxes on your mind. Yikes! Today, I’m going to provide a few suggestions to help you relax and enjoy the holidays. While these tax strategies are primarily for flippers, developers, and […]
How do you picture your retirement? Plenty of people are afraid of running out of retirement money later in their lives. Whether you have started saving early or late in life, it is possible to retire comfortably with a proper planning. Our team has put together a short Infographic covering retirement tips to help you […]
Article by Julie Morris Most small business owners love being in business for themselves, but these feelings are complicated when tax season rolls around. The complexities of taxes stress out small business owners and force many of them to hire expensive tax professionals to get through the tax filing process. The good news is, there […]
What do you fear most for your retirement? A 2015 Bankrate.com survey highlighted running out of money in retirement as the biggest fear of 23% of the Americans. While you may or may not share their fear, it is important to adjust your retirement planning as you age. Our team has put together a small […]
I know, I know, everyone is tired of talking about the Presidential election, but I wanted to say just a few quick words about the potential impact of the new administration (and congress), as those changes relate specifically to self-directed IRAs. As some of you might be aware, Senator Ron Wyden (D-Oregon; current Ranking Member […]
“The difference between ordinary and extraordinary is that little extra.” ~ Jimmy Johnson If you’re a player or sports fan, you understand the importance of ‘extra’ effort. When it comes to your financial lives, that little extra could help you grow your savings exponentially. The good news is that the IRS has announced new Solo […]
If you’re a self-employed professional or owner-only business, the word ‘Solo 401k’ should resonate with retirement savings. In this post, we’ll find out more about a self-directed Solo k plan and how you can open one. What is a self-directed Solo 401 k plan? What is it: A qualified retirement plan targeted at owner-only businesses and […]
Growing old is not an option. We don’t have a choice. But we do have choices that will greatly affect our quality of life for the rest of our life.” ~ Henry K. Hebeler Saving for retirement could be a bit overwhelming for a lot of people but like Mr. Hebeler said, you cannot, certainly, […]
“Compound interest is the 8th wonder of the world… Those who understand it earn it… Those who don’t pay it.” ~ Albert Einstein Thanks to the efforts put in by financial gurus, a lot of people are aware of the concept of compound interest. For those of you a little dubious about the same, here’s […]
“It’s not how much money you make that makes you rich, it’s how you spend it.” —Charles Jaffe With a little bit of research, you will find out that the same piece of wisdom has been coined time and again by several financial experts. While there are multiple factors that define as well as affect […]