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Are You Saving Enough to Cover These Retirement Expenses?
Are You Saving Enough to Cover These Retirement Expenses? When it comes to retirement planning, there is often a big discrepancy between how much money people think they need and how much they actually need. And so, year after year,...
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Traditional 401(k)s Vs Roth 401(k)s: Which One Is Right for Me?
Traditional 401(k)s Vs Roth 401(k)s: Which One Is Right for Me? Planning for retirement may include choosing between traditional and Roth 401(k) plans. Unless you are a financial advisor or have spent a significant amount of time...
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Nothing Up My Sleeve…Crypto!
Nothing Up My Sleeve…Crypto! That’s a reference to an old cartoon where Bullwinkle the moose was about to do a magic trick and would push up his fur, as if it was a shirt, and say “nothing up my sleeves,...
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Reality Check: Why You Need to Talk to Your Child about Paying for College
Reality Check: Why You Need to Talk to Your Child about Paying for College School is starting around the country, which means millions of young adults will be paying for college. And college isn’t cheap. According to Fidelity...
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Procrastinators Alert!
Procrastinators Alert! The real tax filing deadline is less than three weeks away (Christmas is less than 100 days away but that’s another blog)! There are many reasons people find themselves needing to delay their tax filing....
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Fed Rescues September
Why does the Fed buy bonds from the banking system? It is done to increase the money supply in public hands. The indirect effect of this bond-buying in the past 12 months has been equivalent to lowering of interest rates by 1%. Did...
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Weekly Market Insights: Wild Week of Contagion Concerns
Stocks prices were whipsawed last week, dragged initially lower by financial contagion worries and later lifted by a supportive Fed policy statement. The Dow Jones Industrial Average gained 0.62%, while the Standard & Poor’s 500...
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Tax Armageddon on the Way?
Tax Armageddon on the Way? Every new president makes changes to the tax code, so why is this time so different? The short answer is because our “books” as a country have never been in worse shape, not even during World War...
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Don’t Let Your Stockbroker Off the Hook When it Comes to Tax Planning
Don’t Let Your Stockbroker Off the Hook When it Comes to Tax Planning Don’t let your stockbroker off the hook when it comes to tax planning. Many people work with brokers when they buy and sell stocks. Many people now,...
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4 Ways to Potentially Maximize Your 401(k) Company Match
4 Ways to Potentially Maximize Your 401(k) Company Match The 401(k) company match is a powerful tool that may help you maximize your 401(k) retirement income – without contributing any additional money of your own. It’s...
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The State of Retirement In America: How Do You Measure Up?
The State of Retirement In America: How Do You Measure Up? Saving for retirement may be a personal endeavor, and there’s no one-size-fits-all strategy, but it’s important to understand where you measure up. Take a moment to...
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5 Ways To Reduce Stress When Saving for Retirement
Whether you regret not saving for retirement sooner or you wish you had more to set aside each year, it’s all too easy to get stressed when saving for retirement. The good news is, it doesn’t have to be this way. In fact, a...
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Overlooked Opportunities
Overlooked Opportunities. An often overlooked tax planning opportunity comes from not fully understanding how you can use your cars as a deduction on your tax return. It is very common for people who have a Schedule C sole proprietor...
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Bonus Benefits from Tax Planning
Bonus Benefits from Tax Planning. Have you worked toward losing weight in the past because you want to look more attractive, or fit into an expensive wardrobe you already own? When you lose weight you often also lower your blood...
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Businesses Need to Start Their Tax Planning Now!
Businesses Need to Start Their Tax Planning Now! Hey, it’s still summer outside, so no one wants to think about income taxes, right? We’re sorry, but it’s time, especially for businesses that are on extension for...
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Don’t Be a Tax Park and Bark!
Go to any party, any backyard BBQ, baseball game or the yacht club on race day and you are likely to hear someone complaining about taxes. People love to hate them, but they act as if they have no control over them! Taxes are not a...
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The Benefits of Charitable Giving
What Is Tax Planning? The Benefits of Charitable Giving. On March 17th, the Urban Institute, Brookings Institution and their individual authors, reported that because of the small share of the population currently eligible for itemized...
Read MoreAre Taxes Fair?
Are Taxes Fair?The answer to that might surprise you. Because, for the most part, the answer is yes. However, sometimes they are only fair if you know how to “play the game”. Most people think only the wealthy can avoid...
Read MoreSoCal Tamil - Webinar: No parent should be without a TRUST!
Webinar: No parent should be without a TRUST! Click below to register for this webinar and join us on Saturday, July 24 at 6:00 PM.
Read MoreWhat Is Tax Planning?
What Is Tax Planning? We use the term “Tax Planning” often, but we are aware that many people are not sure what it really is. Some people think "That means off shore accounts and citizenship shell games ending with jail...
Read MoreNo parent should be without a TRUST!
No parent should be without a TRUST!, Webinar with Paul Kalra, CFP. Click below to register for this webinar and join us on Saturday, July 24 at 6:00 PM.
Read More4 Ways to Potentially Maximize Your 401(k) Company Match
4 Ways to Potentially Maximize Your 401(k) Company Match The 401(k) company match is a powerful tool that may help you maximize your 401(k) retirement income – without contributing any additional money of your own. It’s...
Read MoreThe State of Retirement In America: How Do You Measure Up?
Saving for retirement may be a personal endeavor, and there’s no one-size-fits-all strategy, but it’s important to understand where you measure up. Take a moment to review the stats below, see where you measure up, and...
Read More9 Personal Finance Tips for Third Quarter 2021
9 Personal Finance Tips for Third Quarter 2021 We’re halfway through 2021, which means it’s the perfect time to check in on your financial goals and objectives for the year. Review our top 9 personal finance tips for third...
Read MoreBiden is Shaking the Tax Tree…What Will Really Fall Out?
With every new president, we hear that taxes are going to be changed. Some promise to lower them in order to get elected, even though there is no way for them to go down while we spend the way we do, service our huge debts and keep the...
Read MoreFIVE Ways That May Reduce Stress When Saving for Retirement
Whether you regret not saving for retirement sooner or you wish you had more to set aside each year, it’s all too easy to get stressed when saving for retirement. The good news is, it doesn’t have to be this way. In fact, a...
Read MoreNine 401(k) Myths Exposed
A 401(k) is a powerful investment vehicle. However, there is a lot of misinformation surrounding them. Buying into one or more of these common 401(k) myths may cost you a lot more than you bargained for come retirement. Keep reading...
Read MoreTaxes, Like Rain in the Spring, are a Constant, But You Can Open an Umbrella
Many people are looking at their calendar and realizing that June has passed. Although they had great intentions in March and April of getting proactive in and around learning how to mitigate this year’s tax outcomes, the time ...
Read MoreIt’s Summer, If You’re At the Ocean There Are Surfers.
The surfers sit and look at the horizon and anticipate the size of the waves. It’s not an exact science, but they make their choice and then, the most important part, they proactively paddle like crazy toward the oncoming wave crest ...
Read MoreBiden’s Tax Proposal and the Resulting Tax Planning Shifts
For more information CLICK HERE to schedule a FREE 20 Minute CONSULTATION! Let us help you plan for the next Big Wave! Although currently very little has actually changed tax rules wise, many things are proposed. Under an executive...
Read MoreThe IRS Is Having A Yard Sale And It’s Got A Real Bargain!
Does the IRS really have “Yard Sales?” Yes, all the time! It seems like everywhere I go, there are cars on the side of the road and the unmistakable buzz of people with “yard sale face” rushing to see what hot...
Read MoreRoth IRAs Are Often Misunderstood
When people save for retirement they almost automatically use accounts that avoid tax now. IRAs, 4O1k's, 4O3b's, 457's, are all pretax retirement savings plans. Certainly, long-term savings uninterrupted by withdrawals and the effect...
Read MorePeople Love to Vacation.
Some vacation often, while others hold on all year for that one great week and live day by day until that magical start date on the calendar! Both are great ideas! A new wave in our digital age is to only take three or four day...
Read MoreTax Planning Light Bulb Moment
Ever had a “light bulb” moment? I have been driving for many years. I’ve driven at least a million miles and I own a few cars (I collect certain types), and when driving my spouse’s car or one from the...
Read MoreHow to Protect Yourself from the Potential Tax Storm
How to Protect Yourself from the Potential Tax Storm, Webinar with Paul Kalra, CFP. Click below to register for this webinar and join us on Saturday, June 5 at 6:00 PM.
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How the Internet Gamed Wall Street’s Short Sellers!
You may have heard the news about stocks for certain companies suddenly ballooning, quickly going from lunch money prices to several hundred dollars a share. In one case, the shares rose over 1700% since December 2020.1 So, what...
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