Timely Topics
Considering a Small Business Retirement Plan? Don’t Forget These Tax Credits!
If you’re considering a new retirement plan for your small business in 2024, Congress has provided tax credits for eligible plans that can offset your startup costs. The tax act, SECURE 2.0, provides for a “Startup Credit” and an “Employer Contribution Credit”. Each credit may reduce your startup or ongoing out of pocket costs.
Read MoreThe Uncomfortable Holiday Conversation – Long Term Care
The holiday season has begun. Many of us will share great meals and good times with family. Unfortunately, you may realize that some of those that you love are no longer in the same physical condition that they once were. As this video explains, their needs may be beyond what you and your family are…
Read MoreWorking In Retirement? What Are Social Security Earnings Limits?
Heading Into Work 2.0? Are you considering a Second Act in retirement? Second Acts have become quite common. Several of my clients have started earning a paycheck from new gigs during their work optional years. A dentist started a side hustle based on his love for fly fishing. A former purchasing executive created a lucrative…
Read MoreTax Planning for Executives – Avoiding the Taxation Mess
Hello everyone! Spring has arrived in full force in Florida. We’ve gone from allergy season to the dry season in a matter of weeks. The always wonderful Love bug season is just around the corner! And of course, we just completed tax season. For the successful executive, both tax season and love bug season have…
Read More3 Tax Facts That Executives and Business Owners Need to Know About SECURE 2.0
TRANSCRIPT: Happy New Year Everyone! While many of us took advantage of some downtime during the Holidays, our elected representatives in Congress passed an 1800-page tax bill known as SECURE 2.0 which contains several items that well compensated executives and business owners should understand as they manage their finances over the next several years I’m…
Read MoreMission Accomplished! The Marine Corps Marathon
Sometimes friends can get you through anything. I checked one item off of my bucket list by completing the Marine Corps Marathon with my friend , John Pitcairn.* Set a goal* Develop a plan* Implement* Monitor and revise as necessary* Celebrate your achievement!
Read MoreFour Wealth Building Tips for Twenty-Somethings
Not Your Father’s Money Tips Hello Everyone! Once again, I will dig into my mailbag to discuss a viewer’s question Jean from Rocky Top asks “What are the best financial moves a 20 something year old can make today?” Thanks Jean- Great question. I’ve been lucky enough to have several clients refer their adult children…
Read MoreJoin Me at Eric LeGrand’s Walk to Believe!
The most inspiring person that I’ve come across is Eric LeGrand. Lois Lewandowski and I will be participating in Eric LeGrand‘s Walk to Believe on June 4th at The Birthplace of College Football. Please join me by donating whatever you can to Team LeGrand and The Christopher Reeve Foundation. here’s a link to my team’s fundraising page. Walk to…
Read MoreManaging the Triple Threat – Florida Prepaid College Program, Bright Futures, and Private 529 Plans
Florida residents have several options to pay for college. The Florida Pre-Paid Tuition program, Bright Futures Scholarships, and Private Private 529 Savings Plans are valuable tools to provide adequate funds for your children’s college education. This video helps explain how the three programs work together.
Read MoreFinancial Planning News You Can Use – Episode 3 – Should You Have An Interest In I-Bonds?
The Financial Press has recently increased discussion about a relatively unknown but considerably safe, high yielding, tax advantaged type of interest-bearing bond that you may want to consider for that cash earning next to nothing in your savings account. Are they suitable for you?
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