June 19, 2018

Selling Your House? What You Need to Remember About the Taxes

If selling your house is in the near future, you must keep a few things to keep in mind. For example, the sale of your home could put you in another tax bracket, that is unless you also qualify to exclude all or part of the income from the sale. Below, are tax tips you need to know when you sell your home:
May 17, 2018

Financial Team’s Tax Strategies Saved Small Business Owners $40,000

As a business owner, one of the biggest challenges is keeping as much of your hard-earned money as possible in your own pocket. Last year some clients of mine wanted to find a way to do just that. So I sat down with their CPA and tax attorney to come up with tax strategies to help do just that for this couple. Let me set the stage for what we did for them.
April 26, 2018

Minimizing Negative Tax Implications When Selling a Business – Post #30

In our Building a Sellable Business series, you’ve publicized your intent to sell your business. You’ve given your sales presentation and received a buyer’s Letter of Intent to purchase your business. As you determine how you will get paid upon the sale of your company, you’re getting into the financial terms of negotiations now. Friends, you must know that if money is changing hands, taxes follow. Sellers who understand that the purchase price is only the beginning of sales negotiations soon find themselves trying to figure out how to minimize negative tax implications when selling a business.
December 29, 2017

Income for Life Retirement Series #8: Reduce Taxes on Retirement Accounts

If you hope to maximize the benefits from all your hard-earned retirement savings, you need to protect as much as you can from Uncle Sam. Fortunately, there are plenty of legal ways to do just that. It will take laying some groundwork and understanding exactly what the government looks for in order to reduce taxes on retirement accounts.
October 20, 2017

What is a Tax Triangle and Why Does it Matter

The Tax Triangle – a concept I utilize with our clients that we work with for years and years and years. It is a concept I use to illustrate where to position our money today so that we end up with the most favorable income coming to us in retirement… for tax purposes. But what is a Tax Triangle?
This website uses cookies to improve your experience. By using this website you agree to our Cookie Policy.
Learn more...