Blog Posts

  • business-owner

    How to Sell Your Business and Diversify Business Wealth

    February 4, 2013
    If you did not sell your business in 2012, you should start planning to do so sometime in the next decade. Last year saw the end of the lowest capital gains rates in decades, so many entrepreneurs had an impetus to sell their business. Yet many other business owners ...
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  • Roth Conversions

    Roth Conversions Within 401(k)s

    January 28, 2013
    In the past, I’ve written about why you should have money in pre-tax (qualified) accounts as well as after-tax (non-qualified) accounts (brokerage or bank accounts) as you enter retirement. Why have large amounts in the after-tax accounts? The advantage is that it helps ...
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  • Lost Deductions Could Mean Higher Taxes for High-Income Earners

    January 21, 2013
    If you are a couple earning more than $300,000 or an individual earning more than $250,000, tax and retirement income planning is going to change for you as a result of the fiscal cliff legislation. People with incomes above the levels I just mentioned are going to see their ...
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  • capital-gains

    Three Capital Gains Tax Planning Strategies

    January 14, 2013
    Retirement planning is both a little simpler and a little harder as a result of the fiscal cliff legislation. The American Taxpayer Relief Act (ATRA) of 2012 has changed the way many people should think about retirement income strategy. On one hand, things are simpler because the bill makes many ...
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  • donating-ira-assets

    Should You Make a Charitable Gift with IRA Assets?

    January 7, 2013
    We finally have answers on the revenue side of the fiscal cliff, and while some of the new rules are permanent, there are a few that are only good for a short period of time. One specific law (which is actually an old rule coming back into play) allows for ...
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  • Fiscal Cliff or Cliff Clavin

    January 3, 2013
    I used to watch Cheers religiously. Norm always stuck out for his one-liners about life, but Cliff Clavin was even funnier to me as the bar know-it-all. Cliff constantly talked about how he was the Renaissance man, but the more he talked, the less he knew. In some ways, the ...
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  • the-real-cost-of-christmas

    The True Cost of Christmas: Financial Planning Tips for the Holidays

    December 17, 2012
    I have fun memories of my small-business-owner father who used to give chocolates to all of his customers for Christmas. If we were lucky, he always had a few extra boxes that he would bring home. I would always turn the chocolates upside down and push them in from the ...
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