Alternative Minimum Tax and Capital Gains Tax
March 17, 2015
While there are a seemingly endless variety of taxes that local, state and the federal government imposes on citizens, here are two taxes that are worth a quick description because these may impact you directly….
Planning for Income Tax Reduction
March 10, 2015
The purpose of planning a tax strategy on the income you receive is to limit the amount of federal income tax you would otherwise have to pay. There are several ways to do this so…
The Purpose of Risk Management
March 5, 2015
There is a great variety of risk in our lives, and mitigating these risks is an intelligent response to achieve financial self-preservation. Personal risk When considering insurance as a means for financial protection, two main…
FAQ: What are some of the different types of trusts?
February 24, 2015
In our most recent post, we gave a brief overview of trusts and why a business owner might need one as part of an estate planning package. In this post, we’ll explain a few other…
FAQ: What is the standard of value? Part 1 of 2
February 4, 2015
One of Synergetic Finance’s services is to provide company valuations to business owners. Because performing a business valuation can be complex, Synergetic Finance founder and author Joseph M. Maas explains how it works and what…
Exit Insight: sale proceeds from your business
January 26, 2015
The following is an excerpt from “Exit Insight: Getting to Sold!” (pp. 157-158) available on Amazon.com and Merrell Publishing: The third element contributing substantially to your retirement lifestyle is the money you receive from the…
Long-term care insurance explained: part 2
December 26, 2014
In our most recent blog post, we introduced you to long-term care insurance and explained risk management and how to evaluate a policy, including factors to consider. We continue our discussion below, beginning with benefit…
Long-term care insurance explained: part 1
December 18, 2014
As a person ages, insurance for long-term care will be a welcome lower cost solution as current costs for care in a nursing home is about $70,000 annually. Our elder population is growing as the…
