Salaries of American Cities To Be Considered Wealthy

Salaries of American Cities To Be Considered Wealthy

What are the salaries required within most American cities to be considered wealthy?  We spend a lot of time on this website discussing the nation’s wealthiest individuals. Of course, most people in the United States know who the nation’s top earners are. Names like Warren Buffet, Bill Gates, Paul Allen, and Mark Zuckerberg are very…

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Where Should You Retire if You’re Wealthy?

retire

Where Should You Retire if You’re Wealthy? Best Places Retire in USA if You’re Wealthy You’ve spent your lifetime accumulating wealth through your employment and other business endeavors. You have been successful at what you do and now the time has finally come when you’re ready to ride off into the sunset, so-to-speak. It’s time for…

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President Going After the Wealthy Again With Proposed Tax Hikes

President Going After the Wealthy Again With Proposed Tax Hikes

President Going After the Wealthy Again With Proposed Tax Hikes By Alan Olsen, CPA, MBA (tax) Managing Partner Greenstein Rogoff Olsen & Co. LLP The divide between Republicans and Democrats on Capitol Hill appears to be spreading even wider after President Obama used his State of the Union Address to take dead aim at high…

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Tax Strategies for the Wealthy: Qualified Personal Residence Trust (QPRT)

Tax Strategies for the Wealthy: Qualified Personal Residence Trust (QPRT) Wealth management is an important issue for those with substantial assets to protect. Many people incorrectly assume that their estates will escape federal estate tax as a result of underestimating what their principal residence will be worth when they die. Often, our homes are our…

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Don’t Tempt the Taxman to Choose You for an Audit

audit

Don’t Tempt the Taxman to Choose You for an Audit There are a lot of benefits to being ultra wealthy. High net worth individuals get to experience so many things in life that most people can only dream of. The wealthy also enjoy an extravagant lifestyle that other people only get to watch in movies…

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Luxury Monaco Penthouse Could Be a Big Draw for the Wealthy

Luxury Monaco

Luxury Monaco Penthouse Could Be a Big Draw for the Wealthy Tax inversions are a big deal in corporate America right now, as well as in the nation’s capitol, where lawmakers are taking aim at them. However, large corporations are not the only ones looking for ways to save money on their taxes. Wealthy individuals…

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How Easy is it for Wealthy MLBers to Avoid State Income Tax?

HOW EASY IS IT FOR WEALTHY MLBERS TO AVOID STATE INCOME TAX?

How Easy is it for Wealthy MLBers to Avoid State Income Tax? Spring is here and that means a lot of things to a lot of people. For many, spring means baseball is back, from Little League to the Majors, ball players are back on the diamond hitting homers, striking people out and stealing bases.…

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Wealth Building: Six Keys

Wealth Building: Six Keys; Secrets to Becoming Wealthy

Wealth Building: Six Keys By Scott Hove There are keys to wealth and success that those who have attained them understand.  If you wish to build wealth and achieve success then it’s crucial to implement the keys discussed below. Here, then, are six things that the successful understand and implement.  As you read them, please…

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Wealthy Be Aware of Shady Financial Advisors

Wealthy Be Aware of Shady Financial Advisors

Wealthy Be Aware of Shady Financial Advisors Despite all the benefits and perks that come with being wealthy, there are also many pitfalls that many wealthy individuals can get caught up in, especially when those wealthy individuals are thrust into their wealth very suddenly, like a professional athlete or entertainer. Many of these wealthy people…

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Tax Strategies That The Wealthy Use to Save

TAX STRATEGIES THAT THE WEALTHY USE TO SAVE

Tax Strategies That The Wealthy Use to Save We all want to save money on our taxes, especially ultra-wealthy taxpayers who are hit the hardest by the nation’s highest tax strategies of the wealthy percentages. We know that the country’s richest 1 percent pays nearly a quarter, 24 percent, of all federal income taxes collected…

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