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  • Tax Moves: Year-End Roth IRA Conversions

    Tax Moves: Year-End Roth IRA Conversions

    November 20, 2012
    A few weeks ago, I wrote about the pending expiration of the Bush-era tax cuts, which will increase tax rates across the board. In that blog I pointed out that one consideration we all have prior to the end of this year is whether we should accelerate income (or alternatively, ...
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  • What You Need to Know About Estate Taxes, Post-Election

    What You Need to Know About Estate Taxes, Post-Election

    October 22, 2012
    Now that the election is over, it is time to sift through the tea leaves and look for opportunities, including estate tax planning opportunities. Many people are focused on saving enough to enjoy retirement. But a second goal, or maybe even reward, is having money left over to leave a ...
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  • Four Capital Gains Tax Planning Tips Yoda Would Love

    Four Capital Gains Tax Planning Tips Yoda Would Love

    October 22, 2012
    It may be hard to believe, but I think Star Wars offers an important lesson about capital gains tax planning. Star Wars was my favorite movie from my childhood, and one of the first I remember seeing in a theater. To a young boy, saving the galaxy like unlikely hero ...
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  • Four End-of-Year Tax Planning Strategies

    Four End-of-Year Tax Planning Strategies

    October 22, 2012
    Even though it’s not yet November, it is time to start thinking about year-end tax planning strategies for 2012. Spending a little time planning today may allow you save on taxes come April. Now may be the best time to talk to your accountant about taxes since they are not ...
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  • Four Steps to Selling Your Business to Fund Your Retirement

    Four Steps to Selling Your Business to Fund Your Retirement

    October 22, 2012
    Entrepreneurs often save little money along the path to retirement because they believe they can build more wealth by reinvesting in their business. Yet diversifying assets and taking money out of the business along the way can give the owner, and his or her spouse, more peace of mind. If you ...
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  • Diversifying Business Wealth: Pensions for High-Income Small Business Owners

    October 15, 2012
    Last week, I attended a speech by Dr. Christopher Waller, Senior Vice President and Director of Research at the Federal Reserve Bank of St. Louis. He pointed out that tax revenues over the last 40 years have averaged approximately 18% of GDP per year in the United States, but currently ...
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  • Diversifying Business Wealth: S-Corps, LLCs, Taxes and Marriage

    October 8, 2012
    Entrepreneurs are faced with a dilemma that many others are not. They need to be good at both building a company and building their personal wealth. These twin concerns often intersect at tax time, when business owners sit down with their accountant to discuss the distributions that should be taken ...
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