Will Social Security be there when I retire?

Social Security’s future solvency has become one of the most commonly-discussed issues in retirement planning—and for good reason.  Gallup polls show that an estimated 57% of retirees rely on Social Security as a major source of retirement income—a number that has...

Some People Say, “It’s who you know…”

We’ve all been in business long enough to have heard the conversations about, “It’s who you know” that matters. We think that’s true, to a degree. There’s no question that it’s always helpful to, “know a guy or gal.” Sometimes we need an expert to help solve a...

Compared to What?

It’s normal to want to know how your investments are doing. The question is, “compared to what?”  The most common benchmark for U.S. stock market investors is the S&P 500 index, which most people refer to as the “market”. The S&P 500 index represents...

Who loves you?

Family enterprises are fascinating creatures: sometimes they behave like family with a hint of business, and other times they behave like businesses with a hint of family. But in either case, since family is involved, it means there are connections, relationship and...

Protecting Yourself From Identity Theft

We’re hearing a lot more about identity theft these days—from hackers stealing credit card numbers from big banks and retail stores to individuals opening up credit card or bank accounts in your name, which they can use to write bad checks or make expensive purchases....

Who’s in your family?

“Family,” can sometimes be a tricky word. It means different things to different people. Families do not have only one form; they take all kinds of shapes, sizes, and configurations – nuclear, blended, and convoluted, and in the case of the majority of our...

Tax Increase Prevention Act of 2014

Source: Tax Legislation > 113th Congress (2013-2014) > Proposed > Tax Increase Prevention Act of 2014 (H.R. 5771)  > Practice Tools > Client Letter: Tax Increase Prevention Act of 2014   Tax Increase Prevention Act of 2014  Congress has extended...

Kick your 2014 Tax Strategies into Gear

You may be able to save money on your 2014 taxes by making a few well-timed moves by Dec. 31. Here are five areas to examine with your tax advisor before the end of the calendar year: 1. Deductible expenses. If your adjusted gross income (AGI) exceeds a certain level,...

Restricted stock and RSU’s

Choosing a compensation tool Stock options have long been a “carrot” for attracting, motivating and retaining executives. But other incentives — notably restricted stock and restricted stock units (RSU’s) — have gained popularity in recent years. With restricted...

HSA as a Retirement Savings Tool

There is a wide range of plans to help save for retirement. But one type of plan is ideally suited to serve a dual purpose: a Health Savings Account (HSA). A tax strategy HSA’s were created in 2003 primarily as a tax-advantaged strategy for those covered by...