March 6, 2018

Going with the Cash Flow

Accurately predicting cash flow can help you find your wave of success Cash flow can be one of the most stressful parts to being an entrepreneur. Can I pay my staff? How will I order more inventory? When can I pay myself? The answer to these questions lies in being able to predict future cash flows. When this is done […]
March 6, 2018

Benefit from Benefits!

Why business owners should focus on the results and not get lost in the politics of offering health benefits to their employees Offering health benefits to employees used to be a simple decision for business owners. Plans were competitive and if you were not able to offer your employees coverage, they could just go buy a policy themselves. That tone […]
November 19, 2017
Tax Savings for Your Vacation Home!

Vacation Home? – Become a Tax Savvy 2nd Home Owner!

If you own or are considering buying a vacation home, there are many ways to benefit from a secondary residence. The obvious advantage is using your second home for vacations and blissful retirement dreams. Or, you could rent the property through Airbnb and make some money, right? But before you let the romance carry you away, consider the tax consequences […]
September 9, 2017
CRT-Charitable Remainder Trust

Give to Save – Charitable Remainder Trust (CRT)

For nearly fifty years, countless individual and families have used Charitable Remainder Trusts (CRT) to increase income, save taxes and benefit charities. What does a CRT do? A CRT allows you to convert a highly-appreciated asset (property that has increased significantly in value since you acquired it), such as stock or real estate, into a lifetime income. It reduces your […]
August 30, 2017
Savings on 2017 Taxes

HSA – Save Tax Dollars by funding a Health Savings Account!

A Health Savings Account, or HSA, is a unique, tax-advantaged account that can be used to pay for current or future healthcare expenses. How much am I saving? If you have a family of 4, it is likely that you will spend $6,750 in dental, vision, co-pays & scripts throughout the year. If you are in the 28% Federal Bracket […]
August 21, 2017
Income Tax Penalties

Tax Penalties – How Much? Do they apply?

Tax Day is right around the corner. As each of us hurries to prepare our annual filings by the extension due dates, it is important to understand the tax penalties and interest associated with noncompliance of tax deadlines. These pesky penalties and interest charges are designed to motivate taxpayers to file timely. However, knowing the rates, amounts and application of […]