Category Archives: Taxes

Our Deficit, Our Financial Future

Our deficit — still major, still huge. Over one trillion. Nauseous. To deal with our deficit, Obama is making the case for the Buffett rule to go into effect. It states that any taxpayer making over a million bucks should … Continue reading

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Tax Masters: No Such Thing as a Free Lunch

Tax Masters: Good Guys Who Went Bad? Or Bad Guys Who Got Sloppy? Yesterday, Tax Masters announced that it plans to file for bankruptcy. Remember the guy with the red hair and grizzly beard who claimed he could settle debts … Continue reading

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Don’t Let Financial Surprises Catch You

Financial Surprises That Make You Want To Hide. Financial surprises are like those times when your phone rings at the movie theater. (You thought for sure you turned if off.) It freaks you out and you spill your peanut M&Ms … Continue reading

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New Year Resolutions for Your Finances

Start off the new year right. Make these resolutions for your finances. One of your new year’s resolutions may be to take your relationship with money more seriously. Here are 7 resolutions for your finances you can make right now … Continue reading

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Tax Planning and Your CPA

Want Smooth Sailing for Your Tax Planning? Get Your CPA On Board. Taxes, tax planning, estimated tax payments, your CPA. Feeling nauseous yet? Need a brown paper bag? It doesn’t have to be this way. Like most people, you are … Continue reading

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Potential Tax Reduction for Your Portfolio

5 Things to Consider for Tax Reduction 1. Buying index funds or tax managed funds can be a great tax reduction for your portfolio. These funds usually limit the amount of capital gains that they pay at the end of … Continue reading

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What is Alternative Minimum Tax?

You May Be Subject To Alternative Minimum Tax and Not Even Know The Consequences The Alternative Minimum Tax was introduced by the IRS in 1969 and instituted for wealthy people who were eligible for special tax benefits – and thus … Continue reading

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Occupy Wall Street and Your Financial Plan

The Occupy Wall Street movement came out of nowhere. In just 4 weeks we have a movement that has gained some real traction. Here is where I agree with them. Whatever happened to the executives at Fannie Mae and Freddie … Continue reading

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The Art of Working with a Bookkeeper

All right, I have a bookkeeper. Now what? You have made the decision to hire a bookkeeper. Yay! It’s a great decision because now you will have more time to focus on making more money in your business. So let’s … Continue reading

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Diversify Your Tax Liabilities

Holy Taxes Batman! We have a crazy big deficit. How is our government going to deal with this? It’s simple: Cut spending and raise revenue. I got news for you. Tax rates will probably go up. Maybe they will be … Continue reading

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