Category Archives: Tax Planning

Who Makes The Real Money in Innovation?

Everyone talks about innovation. Many governments, universities, and corporations spend fortunes to innovate – to develop new businesses that can create wealth and jobs. But the real money in new products and emerging industries has been made by billion-dollar entrepreneurs, such as Gates, Jobs, Dell, Page-Brin, and Zuckerberg. They have become among the world’s richest… Read More »

This is the Worst Investing Mistake You Can Make Right Now

There’s one very simple mistake millions of folks are making right now—and it’s costing them billions every year. Of course, there are many boneheaded errors people make every day, like betting a lot of cash on a single stock. Or not having an investment plan. While both of those will also drain your portfolio—and could even put your retirement on… Read More »

The 10 Best Ways for Business Owners to Save Money

Brian Rashid Leaders of small and large companies alike can struggle with saving money. With rising costs starting to strangle small businesses, it’s more important than ever to tighten your belt and pay close attention to what’s flowing in and out of your bank account. Without a team of pricey accountants and financial planners, this can… Read More »

Following The Herd Can Leave You Lost During Retirement

Forbes Finance Council Six times more people have died coming down Mount Everest than while climbing Mount Everest. The same can happen as you come down the mountain after retirement. How you distribute wealth, or “disinvest,” is even more important than how you invest. The savings decisions you are making today have far more implications… Read More »

Developing A Retirement Playbbook

Joel Johnson Ever wonder what it might be like to be a retirement “all-star?” To have a plan in place so that you can live the retirement you’ve always wanted, stress-free and confident about your financial future? It all starts with a playbook of important strategies and tools to get you on the road to… Read More »

What A Fed Rate Hike Means For You

Patrick Gillespie Get ready for another rate hike, America. The Federal Reserve is expected to raise its key interest rate on Wednesday. It would be the second rate hike since December and a sign that the central bank plans to raise rates faster this year. One rate hike won’t change the world but higher rates… Read More »

How To Avoid Red Flags When You Change Tax Prep

Beth Pinsker NEW YORK (Reuters) – Taxes are one of the few constants in life, but what happens when you change the way you do your return? People move or get divorced, tax preparers pass away. There is always the lure of do-it-yourself – the number of people using tax software to file, like Intuit’s… Read More »

Front-Load Your IRA For Biggest Payoff

At Dechtman Wealth our financial advisors help individuals determine the best retirement savings strategy, from front-loading IRA to monthly contributions to retirement accounts.

Why is making a large investment in your savings at the beginning of the year better than waiting until the end of the year? Arielle O’Shea answers that question in her article below. This strategy, front-loading your IRA, means you’ll benefit from compound interest for the entire year. It isn’t always possible for people to… Read More »

Seven Crazy Tax Laws Trump Should Change

Robert W. Wood President Elect Trump and Republicans say big tax changes are coming. It’s about time. The U.S. tax code is the most complex in the world, chock full of perks to special interests and social engineering. It is incomprehensible, and often produces unjust results. In 1913, our entire tax law was 27 pages. It’s now over 4 million words, 9,000 bloated… Read More »