Category Archives: Tax Planning

How To Make Those Financial New Year’s Resolutions A Reality

Erik Carter Did you make New Year’s resolutions this year? Unfortunately, there’s a pretty good chance that any resolution we make won’t be kept. This can be particularly true of financial goals, which can often feel confusing and overwhelming. Here are some steps to help make those financial resolutions into a reality. 1) Set SMART goals. When we set a vague goal like “save more money” or a seemingly insurmountable one like “pay off all… Read More »

12 Smart Financial Planning Moves to Consider as Tax Reform Looms

It’s hard to believe, but another year is almost behind us. With January just around the corner, now is a great time to review various financial planning items as you get set to enter 2018. Many of the IRS publications referenced below are for tax year 2016. Changes are not anticipated when 2017 guides are published. Right off the bat, let’s talk about what’s on everyone’s mind–tax reform. 1. Sweeping changes in the tax code… Read More »

What You Need To Know About Tax Reform

PROPOSED TAX REFORM: KEY DETAILS TO KNOW This fall, the Senate and House released proposed legislation that would dramatically alter taxes in the United States.(1) Both bills have to pass through a number of steps before potentially becoming law. In the meantime, many people have questions about how the changes could affect them. Read on to learn more about the following tax details: 1. What similarities the plans share 2. Where strategies differ 3. How… Read More »

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 individuals by using innovations. How exactly have they used innovation? Billion-dollar entrepreneurs have mainly focused on innovative business strategies that… 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 the rocks—neither is the most common pitfall you’ll find. So what is? Simple. Being scared. That may sound strange, but… Read More »