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…
6 Ways to Save Money on Taxes
December 10, 2014
Whether you are a business owner or simply want to save money on taxes, here are some ways you can reduce your tax liability this year: Reduce your taxable income by making contributions to a…
IRS Announces 2015 Retirement Plan Limits
December 3, 2014
In October, the IRS announced plan limits and cost-of-living adjustments (COLA) for 2015 for retirement plans. Some contribution, adjusted gross income (AGI) and compensation limits have changed, but others remain the same. Here’s what you…
What is your financial advisor’s fiduciary responsibility?
November 25, 2014
When choosing a financial advisor to manage your most precious assets, it is essential to determine if the financial advisor will accept fiduciary responsibility and to what degree. Most plan sponsors are quite busy with…
It’s time for a third quarter check-up!
October 16, 2014
September 30 marks the end of the third quarter of 2014. Do you know how your investments are doing? You should receive statements (electronic or hard copies) from your advisors, asset holders or third-party administrators…