05th June 2009
Temporary Tax Savings These are the type of tax savings where you save taxes today but must pay them later. In other words, the tax is being deferred. Temporary savings can be helpful in a tax strategy, but even better is....
Permanent Tax Savings Th...
13th May 2009
Many people view April 15th as the end of tax season and enjoy the idea that they don't have to deal with their taxes for another year. I look at April 15th a little differently. I see April 15th as the time to start planning your taxes for the next yea...
01st May 2009
Last week, I shared how I get a shock every April 15th by the number of phone calls my office gets from the public looking for help with filing an extension. This April 15th didn't disappoint!
Several of the callers knew they needed a federal extensio...
25th April 2009
April 15th is just a few days away and some of you may be wondering what to do because you haven't filed your tax return yet. You may be shocked (I always am!) by the number of phone calls my office gets from the public on April 15th looking for help wit...
09th April 2009
The secret to determining the type of investing that is right for you is to find the type of investing that best matches what you like to do.
What Do You Like to Do?
It may seem odd to dive deep into self-analysis when picking your type of investing...
09th April 2009
Overcome the Fear of an Audit and Take Back Your Taxes! I still find it hard to believe, but I've seen people give up thousands in LEGAL tax savings in an effort to hopefully reduce their audit risk, and many times at the advice of their own accountant!
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27th March 2009
One of the most common tax deductions I see missed on a regular basis is the tax deduction for the business use of a personal vehicle.
When I meet with new clients and discuss this deduction, I hear all sorts of reasons as to why they haven't taken thi...
20th March 2009
The tax law offers many tax deductions, credits and other benefits that can save a taxpayer thousands of dollars every year. However, many of these tax benefits are eliminated when a taxpayer has income that is "too" high. Knowing how to legally get aro...
11th March 2009
The recently enacted "American Recovery and Reinvestment Act of 2009" (2009 Economic Stimulus Act) includes a wide-range of tax incentives.
Extension of Bonus Depreciation
Last year, Congress temporarily allowed businesses to recover the costs of ca...
06th March 2009
The recently enacted "American Recovery and Reinvestment Act of 2009" (2009 Economic Stimulus Act) includes a wide-range of tax incentives, many of which are retroactive to the beginning of the year. This week I'll share the changes impacting individuals...
25th February 2009
I'm constantly teaching and sharing the concept of building a business around your wealth. What does this mean? Let's start with a little background.
Historically, all great fortunes have been built in business. Whether it was Andrew Carnegie, John ...
23rd February 2009
Avoid These 5 Traps if You Want Your Wealth Goals to Stay on Track (1/30/09)
Several of you asked me about this trap, and wondered if I was saying it was okay to set your goals low? Absolutely not! Your goals need to be set high, they just need to be...
18th February 2009
More than 50% of New Year's resolutions have already been abandoned and we are barely in to February!
My fitness training coach just shared this statistic with me. Of course, his focus was on fitness resolutions, but the same holds true for all resolu...
22nd January 2009
What I find missing most often in wealth strategies is reporting. I find it amazing how so many people think they don't need reporting. Some think they will be so successful that they don't need a report to tell them that. Others think that reporting i...
16th January 2009
It's that time of year when resolutions are made. If you are one of the many who have a resolution that involves your finances, you'll want to read this article. Studies show that less than 50% of resolutions are kept so it's vital to get started on the...
