Newsletter Archive

Open Enrollment Tips For Employees
As summer turns to fall, employers across the country are getting ready to present their annual open enrollment options for employee benefits. As an employee, whether you’re a newbie or an experienced hand at choosing employee benefits, it is crucial to do your homework before making your selections.

Tax Issues in Divorce
Divorce is emotionally painful, and it can also hurt financially. From splitting retirement and other assets to negotiating child and spousal support, there are tax and financial landmines that forethought and planning can help you avoid.

October 2019 Client Profile
Amy is giving her employees large year-end bonuses in December for increasing sales, and some employees asked about putting their bonuses into their 401(k) plan. Can they, and what does she have to do to allow these lump-sum contributions?

Surviving A Bear Market
In the wake of a record stock market, the last thing most investors think of is a coming bear market. Expect one, though, because history shows that what goes up almost always comes down. The steps you take now will determine how well you survive the next bear market.

Get Ready For Small Business Saturday
While Black Friday – the day after Thanksgiving – has become one of the biggest sales events of the year for the largest retailers, small business owners look forward to Small Business Saturday – the next day - as one of their busiest days. If you own a small business, here’s how you might position yourself for success that day.

October 2019 Q and A
Let's talk business credit and Alternative Minimum Tax.

October 2019 Short Bits

3 Tips for Employers
If you’re ready to offer your employees open enrollment for benefits, your planning should mostly be done at this point. Even so, consider tightening up the following three communication areas to make sure your open enrollment is a success.

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That's Life
When you buy life insurance, you plan for the worst and hope for the best. During this Life Insurance Awareness Month, consider the many reasons to own and periodically review this important financial protection.

More Go Solo
More than 25.5 million taxpayers who filed individual 2016 income tax returns reported non-farm sole proprietorship activity. That’s a 1.2%
increase from 2015.

Is Fire Right For You
A relatively old idea with a new name is gaining increased interest among Millennials. Proponents of FIRE — Financial Independence, Retire Early — work toward early retirement by reducing spending during their working lives to build the funds needed for future financial freedom. While this austere, strict saving philosophy may not be for everyone, some of its principles may help those looking to meet ambitious financial goals.

September 2019 Client Profile
Rick used to offer a Flexible Spending Account (FSA) to employees, but discontinued it after establishing a Health Savings Account (HSA). Now his employees are asking for the FSA, in addition to the HSA, to cover dental and eye care expenses. Can he do both?

What's My Line
Does your business have a line of credit (LOC)? If not, does it need one? If you’re a newbie when it comes to this financing vehicle, here’s what you need to know.

Meet The Simplified Employee Pension (SEP)
With open enrollment season upon us and the end of the tax year coming for most businesses, now is a good time to explore your company’s current or future retirement plan options. For sole proprietors and smaller businesses, a Simplified Employee Pension (SEP) is often among the most attractive options.

September 2019 Q & A
Let's talk about credits for health insurance, and qualifying for aid.

September 2019 Short Bits
Things are looking up - including HSA limits, income, and workforce age!


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Ways To Structure A Business Sale
If you plan to sell your business within a few years, there are a number of ways to do so. Here are a few scenarios you might consider before selling.

Supercharge It
If you turn 50 this year, the federal tax code offers a few ways to contribute more tax-deferred money to your retirement accounts. Here’s a look at how much you can save in some popular plans.

Supercharge It
If you turn 50 this year, the federal tax code offers a few ways to contribute more tax-deferred money to your retirement accounts. Here’s a look at how much you can save in some popular plans.

Saving For College
Paying for college or university has become increasingly expensive. Outstanding student loan debt in the fourth quarter of 2018 rose to $1.46 trillion, an increase of $15 billion, according to the New York Federal Reserve. Higher education may be expensive, but even if high school graduation is only two years away, you have five years to save for senior year of college. A 529 plan and Coverdell Education Savings Account (ESA) are two tax-advantaged ways to save.

August 2019 Client Profile
Jean and Bill are snowbirds who spend half the winter in a Sunbelt state. They heard that they can establish their residency in that state and pay lower taxes because the warmer state has no income tax. How do they establish residency?

Working Capital And Your Company
It’s one thing to be thrifty if you own your own business, but you’ll need to open your company wallet if you want to grow your business. Here are some ways to find the working capital you’ll need.

Nannies, Housekeepers and Taxes
If you hire a nanny, housekeeper or other household worker who will earn at least $2,100 from you in 2019, you will have to pay employment taxes. Here’s what you need to know, courtesy of the Internal Revenue Service.

August 2019 Q & A
Let's talk about the impact storm damage can have on your home and small business.

August 2019 Short Bits
Healthcare costs are up, retirement confidence is up, and the GDP is up in Q1. Let's take a closer look.

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Time For A Tax Tune-Up
The dog days of summer are a great time to review your finances and make the adjustments needed to ensure a tax-efficient year. Here are some strategies you might consider to minimize taxes:

No Gift Clawback
The IRS and Treasury Department issued proposed regulations that would ensure no clawback of large gifts if the federal estate tax exemption reverts back to 2017 levels.

Terms Income Investors Should Know
If you are an income investor, you’ll want to understand what yield curve, inversion and laddering are all about. Here’s why:

July 2019 Client Profile
Laura is nearing her planned retirement at age 66 and she is considering cashing in her entire 401(k) plan in one lump sum. What are the pros and cons of taking this money all at once

Disaster Plans For Small Businesses
Before hurricanes, tornadoes and floods make summer news, take some time to create or review a disaster plan for your business.

How To Set Up An Internship Program
If your business has grown or you are constantly looking for qualified employees, setting up an internship program may help both your business and interns who seek valuable job experience. An internship program is not, however, free labor. Federal law prohibits it in most cases, requiring most interns be paid at least the federal minimum wage.

July 2019 Question and Answer
Let's discuss Medicare enrollment, and mutual funds.

June 2019 Short Bits
PPI SLOWING. The Producer Price Index (PPI) for final demand for the year ending February 2019 rose just 1.9%, calming inflation fears.

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