Posts Tagged ‘financial planning’
Are You Giving the IRS a Tip On Your Executive Compensation? Proactive Tax Planning for High-Earning Professionals
If you are a well-paid senior manager or business owner, it is crucial to ensure you only pay your fair share of taxes. No more and no less. As Morgan Stanley noted, “You must pay taxes. But there’s no law that says you gotta leave a tip.” So, what are the best ways to achieve…
Read MoreThe One Employee Benefit That Executives Should Not Overlook – Health Savings Accounts
Health Savings Accounts (HSA)- Treats Not Tricks We’re approaching Halloween and employee benefit enrollment season is just around the corner. If you’re a high wage-earning employee, you may be asked to choose among a dozen benefits to adequately cover you and your family for the next year. Most people that I know consider this process…
Read MoreConsidering 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 MoreAre You Ready For the Retirement Triathlon? Three Areas You Must Consider.
If you’re an executive considering the “work Optional” phase in the next 5-10 years, there are three areas you must consider; Cash flow, retirement income, and taxes.
Read MoreThree Stimulus Benefits You Need to Know in 2021
Welcome to the Year 2021! The end of 2020 produced quite a bit of drama for many who follow our government and its impact on personal finances. After a great deal of mud wrestling, a bill was signed by the President that ultimately rewarded many citizens with stimulus checks. The checks were clearly the most…
Read MoreGiving Back to a Community of Wildcats
I had the opportunity to be guest instructor for Seniors in the Personal Finance Class at Academy at The Lakes High School in Land O’ Lakes Florida. Thank you, Dean of Students, Ms. Kelly Rodowsky for allowing me to interact with your classes! Go Wildcats! #AATL
Read More