Do You Need an S-Corp?

If you operate your business as a sole proprietor or in a group as an LLC, the S-Corp election might be just want you need! Now, if your profit is less than 50,000 a year then the extra complexity is not worth the small amount of tax savings. But, if you gross over 50,000 it is worth running the numbers to see how much you could save and what other tax/ business/ and retirement advantages you could set up.

Can We Call It A Recession?

Traditionally, the definition of a “recession” has been two quarters of negative growth, which, if you’ll remember, we took care of several quarters ago.  At the time, the administration tried to put on a happy face and redefine “recession” and … Read More

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What Other Options Are There?

Happy New Year! Like a lot of folks who work for a living, even us tax professionals sometimes place too much emphasis on the “automatic’ nature of retirement investments.  I can’t tell you the number of busy professionals who should … Read More

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New Year, New (focus on) Business?

Well, here we are, in 2023, and far too many business owners are in a rut.  Oh, they’ve made the usual resolutions for themselves, things like “get in shape” or “spend more time with the family” or maybe even “save … Read More

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Happy New Year!

Let’s get something out of the way right now:  this email isn’t going to save you anything on your taxes.  It’s not going to give you any sage advice on financial strategies. It’s not a reminder to stay organized with … Read More

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Its Almost Here! Tax Season!

No matter how you slice it, the truth of the matter is it’s almost that time of year again.  Like a lot of you, I’m excited, and even though all of us know the date, there’s always some last minute … Read More

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December’s Real Estate Corner

 With the housing market slowing down and the end of the year literally right here, it’s smart to hedge your bets as a buyer with maximizing the perceived value you represent to a seller.  With that in mind, let’s clear … Read More

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Have You Made Your First Million Yet?

This month, with the end of the year rapidly approaching, I wanted to take a step back and think about goals.  About things like more money in YOUR pocket.  Everybody wants that, right?  Yes, yes, yes! Now, our newsletter always … Read More

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Are Reverse Mortgages Still a Thing?

Yes! If you want to stay in your home and you need cash to pay ordinary living expenses, a Home Equity Conversion Mortgage (HECM) could be a good option.  For the average retiree, home equity represents about 66 percent of … Read More

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The Most Important Pieces of the Retirement Puzzle

No matter what you do for a living, all of us have some sort of “retirement” plan in our minds.  It might be part-time consulting in your field for a premium or it could be retiring to Lake Havasu and … Read More

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Should You Go Solar?

Asphalt shingles are so 20th century. Take a peek at roofs these days and there’s a good chance you’ll spot solar panels. By the end of 2020, roughly 2.7 million solar panel systems had been installed on American homes, and … Read More

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