Five Tips for Staying Ahead of the Avalanche
Five Tips for Staying Ahead
Saving for Retirement: 5 Steps to Building Significant Wealth
Saving for Retirement: 5 Steps to Building Significant Wealth Are you saving enough money for retirement? Do you know how much money you need to accumulate in order to retire? Are you concerned about how you should be saving for retirement? The simplicity of these questions can lead many people to believe that there is…
The Bypass Trust: Using Disclaimers to Manage Large IRA Balances
The Bypass IRA Trust: Using Disclaimers to Manage Large IRA Balances By Mary Kay Foss California CPA, December 2001Trying to fund a bypass trust can be problematic if clients only have a residence and a large retirement plan as their major assets. On the surface, a residence isn’t a good asset for a bypass trust…
Tax Break for College Tuition Payments
Tax Break for College Tuition Payments If you are writing a college tuition check, there may be a hidden tax break that will allow you to deduct a part of your college tuition payment. In order to do this, you must utilize a ‘Section 529’ College Savings Plan in one of the 26 states…
Cost-Sharing Arrangements – Appeals Court Rules Against Xilinx
Cost-Sharing Arrangements – Appeals Court Rules Against Xilinx Taxpayer loses the Xilinx Case (click this link to see the complete Ninth Circuit Court of Appeals Decision of 5/27/09) in the Court of Appeal on May 27, 2009.Subject to further appeal to the Supreme Court (which almost never happens with tax related cases), the tax benefits of…