Articles & Videos
Bookkeeping: What Kind of Records Should I Keep?
Bookkeeping: What Kind of Records Should I Keep? You may choose any recordkeeping system suited to your business that clearly shows your income and expenses. Except in a few cases, the law does not require any special kind of records. However, the business you are in affects the type of records you need to keep…
Tips to Help Taxpayers with January 31 Tax Season Opening
We are again suggesting some tips to help taxpayers with the January 31 tax season opening. The IRS will begin processing most individual income tax returns on Jan. 31 after updating forms and completing programming and testing of its processing systems. The IRS anticipated many of the tax law changes made by Congress under the…
Looks Like More Wealthy Americans Are Saying Goodbye to the U.S.
The country just got done celebrating its independence this past weekend. With fireworks and all kinds of parties, Americans celebrated to show their appreciation for one of the greatest gifts they have: Freedom. Most Americans are very proud of their citizenship, even if they don’t always like everything the about the laws of the land.…
Why Are More Americans Kissing Their Country Goodbye?
Why Are More Americans Kissing Their Country Goodbye? As the controversy over tax inversions continues to rage on, there is another telling sign that more and more Americans are finding the country’ tax code too frustrating to handle. It’s not just U.S. companies that are giving up their U.S. citizenships, so-to-speak. An increasing number of…
European Union Going After Tax Deals in the Netherlands
European Union Going After Tax Deals in the Netherlands The list of international tax havens is long and each country has it’s own benefits. However, no matter which country people or businesses choose to partner with in an effort to save on their tax bill, that effort is getting harder every day. It seems that…
Make Charitable Donations Easy During Retirement
Can you make charitable donations easy during retirement? A lot of people, especially many ultra wealthy individuals and couples, enjoy sharing their fortunes with charitable causes. In fact, some of the biggest donors in the United States are also some of the country’s wealthiest individuals, including Bill and Melinda Gates (Microsoft), Warren Buffet (Berkshire Hathaway) and…
Wondering What to Do With Your Capital Losses – Try These Ideas
Wondering what to do with your capital losses; why not try these ideas? It was just days before Christmas and all through the land investors were scrambling to get the upper hand. Cries of “buy here” and “sell there” were heard throughout Wall Street, while every stockholder was busy trying to stay on his/her feet.…
Finding the True Power of Motivation
Is Motivation Aptitude Superior to Scholastic Aptitude? This article has been updated since originally posted. What does it mean to be truly motivated and how far can being motivated really push a person? The saying goes, “where there’s a will there’s a way”, and in so many instances that mantra has proven correct, even things…
Retirement Income – Will You Have Enough?
Retirement Income – Will You Have Enough? You could spend as much time in retirement – 30 or even 40 years – as you have spent saving for it. That is why planning for your retirement savings to generate income is critical. Developing a solid plan and appropriate investments for years of income is well…
Systematic Investing: Retirement Plan Opportunities
Systematic Investing: Retirement Plan Opportunities Tax-deferred retirement plans, especially the popular 401(k) plans, have become the key to building financial independence through regular, systematic investing. Take full advantage of your opportunities. Self-employed? Start your own retirement plan. Employed by others but not covered by a retirement plan? If neither you nor your spouse has access…
Retirement Plan Penalties: Failing To Make the Required Minimum Distribution (RMD)
Retirement Plan Penalties: Failing To Make the Required Minimum Distribution (RMD) Failing to make the Required Minimum Distribution from a retirement plan can result in one of the IRS’ highest penalties. Take these steps to help your senior clients avoid the penalties. Mary Kay Foss, CPA Director Greenstein Rogoff Olsen & Co. LLP One of…
Career Advice Young Individuals Need To Know
Although everyone’s career path is unique, there is career advice all young individuals need to know. For many young people the reality of choosing a career path after college can be very daunting. Unlike students with fairly clear career paths, like those who graduate from law school or medical school, most other students face a…
Tax Benefits for Oil and Gas Well Owners
Tax Benefits for Oil and Gas Well Owners Table of Contents Oil and Gas Depletion What’s New for 2012 Introduction Who Can Claim Depletion? Cost Depletion Percentage Depletion Oil and Gas Wells Lessor’s Gross Income What’s New for 2012 A working interest oil and gas tax treatment well, can generate several tax benefits and lower…
Which Startups to Keep an Eye on in 2017
Which Startups to Keep an Eye on in 2017 Pindrop (Atlanta, Georgia) Listening closely and you might hear about Pindrop. This company offers fraud protection and an authentication tool that is already being used by three of the top four banks. Pindrop’s service can even detect when someone is trying to steal your identity via…
Use Your Hobby to Make Some Extra Cash
Photography Many people love photography, and many people are very good at it. This is one hobby that a lot of people have turned into an extra source of income. With so many websites that sell photos, you can make some extra money if you know how to get an image just right. Dog…
Which College Majors Will Lead to Satisfying Careers?
Which College Majors Will Lead to Satisfying Careers? Medical Laboratory Science About 97 percent of people who work in this field find their job meaningful, even though the median pay is only about $61,500. Although you might not get rich pursuing a degree in medical laboratory science, you will likely find your career to be…
Top 10 States With the Highest Taxes
Top 10 States With the Highest Taxes No one enjoys paying taxes and just about everyone feels like they pay too much. However, there are definitely some people that pay more than others, like the nation’s top 1 percent of earners for example. However, when it comes to high tax rates, how much you earn…
The Inspiration for LinkedIn
The Inspiration for LinkedIn with Konstantin Guericke, co-founder of LinkedIn “When you need an investor, or business partner, its usually not someone who you know, but it’s often someone who you know knows” –Konstantin Guericke, Co-Founder of LinkedIn “I am a social architect with a passion for exploring the intersection of psychology, sociology and computing.…
Baseball Analytics- Business & Game Day
Baseball Analytics- Business & Game Day “What’s been Cool to Watch over the Years is how the Role of analytics has increased. More and more people are focused on it and we’re capturing data that now before has ever had access to” -Bill Schlough, CIO of the San Francisco Giants Transcript of : Baseball Analytics-…
How Hal Kellman Averages a 20% Return on the Market
Interview Transcript, How Hal Kellman Averages a 20% Return on the Market Introduction to How Hal Averages a 20% Return on the Market Alan Welcome back. I’m here today with how Kelman the Cameron family office and how welcome to today’s show. Thank you. So hopefully the listeners, can you get the background of how…