Buying second Practice “Buying a 2nd Practice”, Are you a successful dentist? Perhaps you are managing your primary practice for a profit and you are considering a 2nd practice. DO you know the steps to take to purchase another dental practice? Can you utilize the same steps in acquiring your second practice as you did in acquiring your 1st practice? Justin Goodbread, CFP® reviews some thoughts on the matter of buying your second dental practice. Heritageinvestor Please watch the video given above and share it with others if you like it. I am trying very hard to provide you everything to improve your life financially. Please keep supporting me so i brought to you more fresh and knowledgeable stuff. Stay connected with me on my blog here and social media too, come often to read and watch new stuff on the site. Thanks a lot for visiting the blog, i am nothing without you my visitors and supporters.
You May Be Able to Deduct Childcare Expenses “You May Be Able to Deduct Childcare Expenses”, If you pay for summer care for your children so you can work or look for a job, you may be able to deduct those expenses on your federal tax return. Here’s what the IRS wants you to know: You can only deduct expenses for the care of a qualifying dependent such as a child under age 13. You must be paying for care so that you or your spouse can work. Qualifying care includes home care, daycare, or a day camp. Overnight camps, summer school tutoring, or care by other dependents does not qualify. You must have earned income in the year in which you incur childcare expenses and the expense limit is $3,000 for one qualifying dependent or $6,000 for two or more. For more information about deductions for dependent care, visit IRS.gov or consult a qualified tax advisor. Tip courtesy of IRS.gov 12 https://www.irs.gov/uac/keep-in-mind-the-child-and-dependent-care-credit-this-summer
WEEKLY UPDATE – JUNE 27, 2016 “How Brexit May Affect US Investors”, Stocks fell sharply last week in response to Britain’s vote to leave the European Union (EU), putting major indices in the red for 2016. Why did markets react so badly? The vote to leave was a surprise to most, and markets hate surprises. It’s too soon to know how Britain’s exit (Brexit) will play out, but predictions include a British recession, a breakup of the EU as other countries vote to leave, or the introduction of reforms by European leaders who see the writing on the wall. Since the referendum result isn’t binding on the government, there’s even a very small possibility that the Brexit won’t happen at all. It’s anyone’s guess at this point. To help you understand how the Brexit may affect you as an investor, here are answers to some key questions: How will Britain’s vote affect markets? In the short and medium term, we’re likely to see a lot of volatility in financial markets around the world as investors grapple with the uncertainty of possible Brexit outcomes. In the long term, it’s hard to know what the final tally of the Brexit will be. If […]
Why you will never retire! We all have hope and dreams—traveling, relaxing, playing golf every day or for me personally sitting on a beach after a morning of wetting a line (a.k.a. fishing)…basically enjoying the vacation life every day. Whatever you’re dreaming of could be nothing more than a pipe dream unless you take the necessary steps. According to a recent survey, half the households in America have saved less than $10,000 for their retirement income. Whether they’re just overspending or planning to live off social security, most people aren’t saving enough to retire plain and simple. So what’s the reason for this trend? 1. We start saving too little too late Most people spend their years in college and come out in their early 20s. Then they get into their 30s, and they are trying to find that new job, buying their first house, getting married, having babies. Somewhere between their 30s and 40s life seems to be getting a little better–maybe they get a pay raise at work–and now they go out and go in BIG DEBT buying brand new fancy cars, big fancy toys, big fancy houses, etc. and they still aren’t looking toward retirement. All the sudden we get into […]