Tag Archives: accounting

After a Turbulent 2008, Make Some New Year’s Resolutions for a Financially Healthy 2009

Money worries are the most common cause of holiday stress, according to Mental Health America. The 2006 study showed that parents are more stressed than all other demographic groups by finances and females are more likely than men to feel … Continue reading

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Is Conventional Planning Right For You?

Do online interactive financial planning models really help people in deciding how much to save, to insure, and to invest in stocks and other asset classes? These models vary in complexity and in level of detail, according to a recent … Continue reading

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Business Tax Planning – Charting Your Course For 2008

It’s hard to believe that we are fast approaching the end of 2008 and, with the year’s end in sight, it’s time to do a little planning. What you do now will affect your company’s tax bill for 2008, as … Continue reading

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What To Do When A Love One Dies – Part One

What To Do As Soon As Possible Make a list of financial issues that will need to be addressed in the coming weeks and months, and focus on those actions that you must take soon or that lay a sound … Continue reading

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Learn the best ways to save for your children’s education.

All parents want their children to achieve their fullest potential—and most agree that education is key. Not only is education considered the path to economic independence and even wealth, but many also believe that a good education makes a good … Continue reading

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How to Takeover an Aging Parent’s Finances

Like many difficult situations with people we love, planning to take over an older relative’s finances is best done in happier times, when both sides are healthy and various options can be considered. Unfortunately, events can sometimes intervene – death, … Continue reading

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The Tax Audit – Minimizing Your Risks

Clients ask many questions, but one of the most frequent of them is, “will taking a deduction for (fill in the blank) flag my return for an audit?” Of course, the answer is often a qualified “yes”. Yes, some taxpayers … Continue reading

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First-Time Home Buyer Tax Credit

The single largest provision in the $15.1 billion package of housing tax incentives in the recently enacted Housing Assistance Tax Act of 2008 (the “Housing Act”) is a measure allowing individuals buying their first home to take a tax credit … Continue reading

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Controlling the High Cost of Fuel

This space is not typically taken up with discussions of automobiles and gasoline, but these are not normal times – at least for motorists. With the nationwide average cost of gasoline exceeding $4 per gallon, the typical U.S. consumer is … Continue reading

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Why A Business Owner’s Exit Plan Is So Important

There are plenty of days when we want to “take that job and shove it.” But what happens when we’re sick of a job we’ve created for ourselves in a business we’ve founded? The idea is to make a plan … Continue reading

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